Dental Nurse News: Tax deadline for self employed dental professionals

31 January 2016 Deadline Approaches!

Dentists, hygienists, dental nurses and therapists can provide their services in a number of ways and there is wide variation between different dental practices, clinics and hospitals. This can be a very confusing area especially when use is made of personal service companies, agencies, umbrella companies and other more exotic contracts. The penalties for misunderstanding your tax status can be quite severe if HMRC think you have acted negligently or carelessly in dealing with your tax affairs. If you are self employed then the immediate hurdle is to file your tax return for the last tax year ended 5 April 2015 by 31 January 2016 and pay any outstanding tax on or before that date. Professional advice should always be taken if you are self employed.