You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>> dentistswhoinvest.com/podcastreport

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The financial security of your dental career depends on more than just clinical excellence. After investing years and significant resources into becoming a dentist, have you protected that investment against life's uncertainties?

This eye-opening episode features insurance specialist Warren Robins guiding us through the evolving insurance needs of dentists at each career stage. Beginning with newly qualified associates, Warren emphasizes the critical importance of income protection as the foundation of financial security. Securing this coverage early—when you're young, healthy, and premiums are lowest—locks in your ability to receive income even if unable to practice dentistry.

As we progress through life events like marriage, mortgages, and children, insurance needs expand accordingly. Warren explains why standard mortgage life insurance often falls short for high-earning professionals and introduces Family Income Benefit as a cost-effective alternative to expensive lump-sum policies. For practice owners, we explore the commercial insurance requirements of lenders and how to protect both personal and business finances through executive income protection and key person coverage.

With NHS waiting lists exceeding 7.4 million patients, Warren makes a compelling case for private medical insurance, particularly for self-employed practitioners whose income depends entirely on their ability to work. He frames it as a logical extension of the private dentistry model—why would you offer premium care to patients while accepting standard waiting times for yourself?

The episode concludes with inheritance tax planning strategies for dentists approaching retirement, demonstrating how whole of life policies can provide tax-efficient returns to beneficiaries while potentially qualifying for premium discounts through inheritance tax relief.

Don't miss our exciting announcement about free verifiable CPD available to all UK dentists who listen to this episode! Simply click the link in the description to complete a short questionnaire and receive your certificate. Take this opportunity to simultaneously enhance your professional knowledge and protect the career you've worked so hard to build.

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that p

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You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>> dentistswhoinvest.com/podcastreport

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Are you a dentist looking to grow your wealth? You can connect with Anick here: https://www.viderefinancial.com/contact

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Financial planning takes on new dimensions with each tax year, and 2025 brings significant changes dentists need to understand. Financial planner Anik Sharma from Vider Financial Planning joins us to unpack investment vehicles available to dental professionals and crucial updates affecting your financial strategy.

The conversation kicks off with a fundamental yet often overlooked principle: financial organization eliminates the annual scramble before tax deadlines. Beyond reducing stress, this approach delivers measurable benefits – contributing to investments at the tax year's start rather than its end could generate an additional £60,000 over 30 years through compound growth.

Anik walks through the key investment accounts dentists should consider, starting with ISAs. Recent rule changes now allow contributions to multiple stocks and shares ISAs within a single tax year (while maintaining the £20,000 annual limit). We explore misconceptions about platform diversification and the Financial Services Compensation Scheme, clarifying that the £85,000 protection applies to banking licenses rather than individual institutions.

For pensions, we delve into tax relief benefits while highlighting complexities for high earners. The most significant upcoming change arrives in April 2027, when pensions will potentially fall within inheritance tax scope – though final implementation details remain pending. NHS pension scheme members face additional complications with the ongoing McLeod remedy affecting annual allowance calculations and private pension planning.

Limited company owners have additional considerations when deciding whether to invest through corporate structures or extract funds for personal investment. This leads to the fundamental question: how should dentists allocate investments across different accounts?

The answer lies in comprehensive cashflow planning – mapping your current position to your desired future before determining the optimal investment strategy. This approach ensures your portfolio powers your life plan rather than existing as an end itself.

Looking to optimize your financial strategy for the new tax year? Subscribe for more insights on building financial resilience that supports both your dental practice and personal aspirations.

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.

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You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>> dentistswhoinvest.com/podcastreport

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Dental professionals face a pivotal decision that can drastically affect their financial future: operate as self-employed or through a limited company? The tax landscape has shifted in 2025, making this choice more consequential than ever.

Specialist dental accountant Amman Sarkaria joins us to dissect the fundamental differences between these business structures from the ground up. We examine the legal implications – how self-employed individuals remain personally liable while limited companies offer asset protection through separation between personal and business finances. This distinction extends to taxation, with limited companies allowing strategic combinations of salary and dividends that can lead to substantial savings.

Through a detailed worked example, we reveal how a dental associate earning £130,000 could save approximately £25,000 annually through proper limited company structuring. The numbers speak for themselves – self-employed dentists face combined tax and student loan payments approaching 50% of earnings, while limited companies can significantly reduce this burden.

Beyond basic structure, we explore an arsenal of tax-efficient strategies available to limited company directors. From purchasing electric vehicles (with 100% tax deduction potential) to employing family members, utilizing annual events allowances, implementing trivial benefits, and structuring home office expenses – each represents an opportunity to enhance your financial position. We even delve into advanced planning through holding company structures for those with significant business cash reserves.

The podcast isn't just about tax minimization. We balance potential advantages against important considerations like NHS pension scheme membership, maternity benefits, and IR35 compliance. Making the right choice requires understanding your personal financial goals, cash flow requirements, and long-term plans.

Whether you're starting your dental career or reassessing your existing business structure, this comprehensive breakdown provides the knowledge you need to make informed decisions. Ready to transform your tax efficiency and financial future? Listen now and discover which approach aligns with your professional journey.

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.

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