Compass Accounts

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Compass Accounts I help dentists and dental practice owners save tax and keep more of their 👉

I am an ACCA-qualified accountant and the founder of Compass Accounts, with early career experience at Crowe UK in London. Over the years, I have built a strong background in accounting and tax planning, combining technical expertise with a personal approach. Through Compass Accounts, I help dentists and dental clinic owners across the UK manage their finances, reduce tax, and grow with confidence. My focus is on making accounting clear, practical, and stress-free, so clients can concentrate on their patients and business goals.

Whether to buy or lease equipment depends on more than tax. Cash flow, finance cost, flexibility and long-term value sho...
18/10/2026

Whether to buy or lease equipment depends on more than tax. Cash flow, finance cost, flexibility and long-term
value should all be considered.

17/10/2026

Small recurring professional costs can easily be missed if records are poor. A simple digital folder throughout the
year can save a lot of time.

NHS superannuation should be checked as part of routine dental bookkeeping, not left until year-end.
16/10/2026

NHS superannuation should be checked as part of routine dental bookkeeping, not left until year-end.

Associate agreements can have a major financial impact. The percentages, deductions and cost-sharing terms all matter wh...
15/10/2026

Associate agreements can have a major financial impact. The percentages, deductions and cost-sharing terms
all matter when assessing the true value of an arrangement.

Dentists often work across multiple locations, but travel needs to be reviewed carefully. A proper mileage record makes ...
14/10/2026

Dentists often work across multiple locations, but travel needs to be reviewed carefully. A proper mileage record
makes year-end much easier.

For dental associates, the remittance is one of the most important accounting records. Good bookkeeping starts with unde...
13/10/2026

For dental associates, the remittance is one of the most important accounting records. Good bookkeeping starts
with understanding how the gross income, deductions and final bank receipt fit together.

Are Your Dental Finances on Track This September? 📊 🦷 September is the perfect time to review your dental accounting, t...
11/10/2026

Are Your Dental Finances on Track This September? 📊

🦷 September is the perfect time to review your dental accounting, tax planning, and practice finances before the year ends.

Ask yourself 5 important questions: Are your accounting records up to date? Do you understand your upcoming tax liability? Have you recorded all eligible dental business expenses? Is your business structure right for you? And do you know your practice’s actual profit and cash flow?

💡 If you're unsure about any of these answers, it may be time for a financial review. Early planning can help dental associates and practice owners make informed decisions and prepare for upcoming tax obligations.

📈 At Compass Accounts, we specialise in dental accounting, tax advice, bookkeeping, and financial planning tailored to UK dentists and dental practices.

📩 [email protected]
🌐 www.compassaccounts.co.uk

Is Your Bookkeeping Helping Your Dental Practice Grow? 📊 💰 Bookkeeping isn’t just about tax returns and year-end accoun...
10/10/2026

Is Your Bookkeeping Helping Your Dental Practice Grow? 📊

💰 Bookkeeping isn’t just about tax returns and year-end accounts. It’s about understanding your dental practice’s financial health throughout the year.

📈 With accurate, up-to-date bookkeeping, you can track monthly income, monitor expenses, understand profit margins, manage cash flow, and identify rising costs before they become bigger problems.

🦷 Your dental practice deserves more than outdated financial records. Make informed business decisions with clear financial insights and keep your practice moving in the right direction.

📩 Ready to make your dental bookkeeping more useful? Let’s turn your financial data into better business decisions.

09/10/2026

💷 Is Your Dental Practice’s Bank Balance REALLY Available to Spend?

💰 Seeing £100,000 in your business bank account doesn’t mean you have £100,000 available to spend!

Dental practice owners need to look beyond their bank balance before making major financial decisions. A portion of your cash may already be committed to essential business expenses, taxes, and outstanding payments.

📊 Before making large withdrawals or investments, account for:
✅ Corporation tax, PAYE and VAT where applicable
✅ Payroll and associate payments
✅ Supplier invoices and operating expenses
✅ Loan repayments and other financial commitments

📈 Smart dental practice financial management starts with knowing your true cash position. A cashflow forecast helps you plan ahead, manage expenses, and make informed business decisions with greater confidence.

Your bank balance shows what you have today. Your cashflow forecast helps you understand what you can afford tomorrow.

Did You Pay the Lab Fee Twice? 🦷 💰 Lab fees can create confusion for dental associates—especially when shared expenses ...
07/10/2026

Did You Pay the Lab Fee Twice? 🦷

💰 Lab fees can create confusion for dental associates—especially when shared expenses are involved.

If your practice has already deducted your agreed share of a laboratory cost from your remittance, it’s important to make sure your bookkeeping reflects that correctly. Simply giving the same invoice to your accountant could result in the expense being recorded incorrectly.

🧾 Before claiming a dental expense, ask yourself:

Who actually paid the cost?

Understanding how lab fees, shared expenses, remittances, and dental practice expenses are recorded can help keep your accounting accurate and avoid double-claiming.

📊 Good dental accounting isn’t about claiming the biggest number—it’s about claiming the correct number.

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London

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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