Course description
Dental practice owners are increasingly considering more complex ownership and operating structures involving limited companies and unincorporated entities, meaning that acting for dentists requires a wider understanding of the various complexities than ever before.
In order to act effectively, advisors must also be aware of rules and working procedures relating to the CQC, NHS England, and the NHS Pension Scheme.
This live broadcast session is aimed at all professional advisors including accountants, lawyers, funders and IFAs. It will provide a brief background of the 2006 NHS contract, Dental Bodies Corporate, and CQC Registration, and will discuss the future of the NHS contract, how NHS practices have come out of COVID, buying and selling dental practices, and the NHS pension scheme, plus much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Dental practice owners are increasingly considering more complex ownership and operating structures involving limited companies and unincorporated entities meaning that acting for dentists requires a wider understanding of the various complexities than ever before.
In order to act effectively, advisors must also be aware of rules and working procedures relating to the CQC, NHS England, and the NHS Pension Scheme.
This live broadcast session is aimed at all professional advisors including accountants, lawyers, funders and IFAs.
What You Will Learn
This live and interactive course will cover the following:
- Brief background
- 2006 NHS contract
- Dental Bodies Corporate
- CQC Registration
- Recent years
- Practice values & profitability
- Regulatory bodies
- ICB, CQC, GDC
- The future of the NHS contract
- Covid - how NHS practices have come out of it
- UDA rate and geographic differences
- Challenges faced by NHS practices
- The dental practice P&L - key components
- Goodwill valuations
- Dental business structures - Unincorporated, limited companies, 'hybrid' structures, sub-contracting
- Opportunities and problems
- Buying and selling dental practices
- Asset sales, share sales, SPA issues
- Retention capitation, defective treatment and clawback
- Deferred consideration/target earnout, retained sellers
- NHS notices, CQC registration, Goodwill Transfer Notices
- NHS pension scheme - basic overview
- Dental associates
- Self-employment parameters
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...