New figures show massive falls in dentists’ real-terms earnings

New figures show massive falls in dentists? real-terms earnings

The Health and Social Care Information Centre has published figures for Dental Earnings and Expenses in 2013/14. They show little change over the past year but massive falls inreal terms net income since 2008/09. In England and Wales the figure for net earnings of contract holders was £115,200 in 2013/14 compared to £145,800 in 2008/09, a 21.0% decrease. For associates there was a 19.6% drop from £75,400 to £60,600.

The data are for NHS and private earnings, but are only gathered from those dentists who did some NHS work during 2013/14 ie they do not take into account those dentists in solely private practice nor earnings from corporates.

England and Wales

For all self-employed primary care dentists the net earnings figure was £71,700, compared to £72,600 in 2012/13, a 1.2% decrease. For contract holders the figures were £115,200 compared to £114,100 in 2012/13. For associates they were £60,600, compared to £60,800 in 2012/13. All these figures are described by HSCIC as ‘not statistically significant.

Northern Ireland

The equivalent figures in Northern Ireland were:

All dentists: £71,400 compared to £71,600 in 2012/13.

Principals: £112,500, compared to £110,900 in 2012/13
Associates: £54,200, compared to £53,000 in 2012/13.

Scotland

The equivalent figures in Scotland were:

All dentists: £68,000, compared to £68,800 in 2012/13,

Principals: £98,400, compared to £97,400 in 2012/13

Associates: £56,200, compared to £57,200.

Higher expenses

In England and Wales Gross earnings for contract holders in GDS were £355,200 (up from £343,800 the previous year), but expenses rose from £230,800 to £248,800 (up £18,000 – 7.8%).

For PDS (mainly orthodontics) gross earnings were £510,900  (up from £492,900), expenses £327,000 (up from £307,600) and net income £183,900 (down from £185,300).

For associates the average taxable income was £60,600, (down from £60,800);  gross earnings £99,000, (up from £96,200); expenses £38,500 (up from £35,400). HSCIC comments that associates ‘are continuing to see decreasing taxable income year on year; whilst gross earnings are increasing, total expenses are also increasing at a higher rate.’

Similar figures are found in Northern Ireland and Scotland.

For the full report see: http://tinyurl.com/ouu8hv5


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