Dental Regional Manager, Simon Cosgrove, discusses how the October 2024 budget has impacted practice ownership and sales.

Neil Richardson of Wesleyan

Neil Richardson is a Dental Regional Manager, at Wesleyan Financial Services, guiding a team of dental Specialist Financial Advisers at Wesleyan Financial Services to support dentists, their families, and their practices with financial planning to secure their financial future.

He answers some questions arising from the October 2024 Budget.

“Following the delivery of Rachel Reeves’s first Budget of the new Labour Party government, Practice Plan and Wesleyan Financial Services - have issued a response of the key points for dental professionals.

Iain Stevenson, Head of Dental, at Wesleyan Financial Services (of which Practice Plan is a part) says:

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Almost every dental desert item in the news is illustrated with a personal story from someone unable to find NHS dental treatment for their emergency, and who was left in pain. The usual response from the minister of the day has been that patients with a dental emergency should use the NHS 111 service. In a number of areas there are specifically contracted NHS emergency dental services accessed via 111.

Head of Dental, Iain Stevenson, for Wesleyan Financial Services, discusses what the upcoming budget could potentially mean to dentists and why having a good understanding of your financial position now, could help you get ahead of the game.

Dental Specialist Financial Adviser, Paul Griffiths, for Wesleyan Financial Services, outlines the new tax rates, new allowances and other changes that have come into effect and explains what these will mean to dentists.

Chancellor of the Exchequer, Jeremy Hunt’s 2024 Spring Budget, was accompanied by a full fiscal statement from the Office for Budget Responsibility (OBR). In any election year, the Chancellor comes under pressure to make announcements that will boost their party in the opinion polls.

Neil Richardson, Dental Regional Manager at Wesleyan Financial Services, shares how the Spring Budget’s biggest announcement can be addressed from a financial planning perspective…

Jeremy Hunt revealed the contents of his 2023 Budget in the House of Commons last week. Amongst announcements on household energy bills, free childcare and corporation tax, the Chancellor unveiled surprise changes to the pension tax regime that could benefit anyone who is a higher earner.