Dentists Who Invest Podcast

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Ever thought about how you’d plan your finances if you knew you might live to 103? We’re having a good natter about just that, inspired by ‘The 100-Year Life’ by Linda Gratton and Andrew Scott. Jon Doyle’s got some eye-opening thoughts on how the idea that kids born in 2007 might live that long has completely changed the way he advises on long-term financial plans. We’ll also have a chinwag about how your own family history and life experiences can shape what you expect from retirement—especially if you’ve got a bit more dosh than most.We’ll then shift gears to chat about how adolescence now drags on into the late 20s or early 30s, and how that’s making the usual milestones like marriage, buying a home, and retiring a bit of a squeeze. With everything getting a bit more complicated, we’re talking about why it’s time for a more flexible approach to financial planning.And here’s the kicker—we’re questioning that old idea of retiring at 60. If you’re a dentist, or any other professional, staying active with phased retirement might just be the ticket. So, grab a cuppa and join us for a lively chat that mixes financial sense with the art of living well, sprinkled with a bit of wisdom from ancient thinkers and modern gurus.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Can you picture yourself securing your financial future through property investment? Join us in this cracking episode as we chat with Rob Bridgewater, who’s gone from dental sales to building a serious property empire. Rob bought his first place at 19 and has since mastered the art of buying, refurbing, refinancing, and renting to create long-term wealth. We dive into the nitty-gritty of securing finance, whether you’re eyeing a buy-to-let or your own home. Rob shares golden tips on dealing with today’s high-interest rates and the tighter lending scene. He’ll also let you in on the secrets of buying at the right price and why knowing the ins and outs of bank rules, like the six-month refinancing trick, is key. If you’re a high earner or a dentist keen on growing your property portfolio and keeping the taxman at bay, this episode’s packed with advanced strategies. From setting up a company for tax breaks to clever ways of securing deposits, Rob’s got you sorted. We also explore how to make the most of short-term loans and smart finance options for your next big move. Don’t miss these top tips to level up your property game!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Ever wondered how perseverance can lead to unexpected success? Join us as we chat with Dr. Ahmed Giaziri, who shares his remarkable journey from his Libyan roots to owning nine dental practices in the UK. Dr. Giaziri takes us through his unexpected entry into the world of dentistry, initially aspiring to be a paramedic, and how his relentless work ethic helped him navigate the challenges of the early stages of his career. His story will inspire you to keep pushing forward, even when the path isn’t clear.Discover the highs and lows of practice ownership as Dr. Giaziri opens up about acquiring his first dental practice and the severe setback he faced in 2015. A malicious complaint led to a failed CQC inspection and the temporary closure of his practice, but with support from Denplan, he turned things around. This part of our conversation emphasizes the importance of proper management and how critical support networks can be in overcoming difficult times.In the final segment, we explore the intricacies of growing a dental practice portfolio. Dr. Giaziri shares the strategic decisions behind expanding his practices, the financial acumen required, and the operational challenges of scaling up. He also highlights the importance of mentoring young associates and maintaining a work-life balance. This episode is packed with insights on resilience, strategic growth, and the collaborative spirit of the dental industry. Don’t miss out on the valuable lessons Dr. Giaziri has to offer!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Do your mortgage repayments feel high?Connect with Sarah here: https://www.dentistswhoinvest.com/sarah-grace-mortgages———————————————————————Get your free verifiable CPD for this episode here >>>  https://www.dentistswhoinvest.com/videos/mortgage-masterclass-with-sarah-grace———————————————————————How can dentists leverage their unique financial profiles to secure the best mortgage rates? Join us for an eye-opening discussion with mortgage expert Sarah Grace as we dissect the current mortgage market. We'll guide you through the implications of recent interest rate trends, including the potential reduction in the Bank of England base rate and its impact on making fixed-rate mortgages more enticing. Sarah Grace opens up about the fluctuating mortgage demand and anticipates exciting possibilities on the horizon, driven by potential government initiatives aimed at boosting housing supply. Dentists, this one’s for you! Learn the ins and outs of securing lending tailored specifically for your profession. Sarah shares her expert insights on how turnover and projections can influence mortgage approvals, emphasizing the benefits of focusing on recent pay schedules over long-term profit histories. We also illuminate a success story that underscores the significance of understanding average profits before corporation tax, advising listeners on the importance of staying informed and seeking tailored financial advice.For those curious about buy-to-let investments or navigating their first home purchase, this episode is packed with valuable information. We delve into the tax considerations for buy-to-let properties, comparing the advantages and drawbacks of using a Special Purpose Vehicle (SPV) versus a personal mortgage. We also address listener questions on buying second homes, leveraging lifetime ISAs, and securing mortgage rates in advance. Don’t miss out on the practical advice and real-world examples that could make a significant difference in your financial planning journey!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Want to understand how to become as tax efficient as possible?Connect with Johnny here: https://www.dentistswhoinvest.com/reducing-tax-bill/———————————————————————You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Ever wondered what truly qualifies as a tax-deductible expense for your dental practice? Join us for an eye-opening episode where we demystify this complex topic with the expertise of Johnny Binford, a seasoned accountant specializing in dental taxation. Gain clarity on whether home offices, luxury items like Rolex watches, or even a duck house in a pond can be claimed as business expenses. Johnny walks us through the "wholly and exclusively" rule in UK tax law, using fascinating real-life examples such as Malala Andromit's unique case on court attire.Navigate the intricate landscape of dental practice taxation as we dissect the nuances between taxable and tax-deductible expenses. Learn the importance of proportionality when claiming home office deductions and understand the potential pitfalls, including capital gains tax implications. We'll also shed light on a maxillofacial surgeon's failed claims for educational and travel expenses, highlighting the critical need for understanding established tax principles to avoid costly errors.From common deductions like GDC fees, professional courses, and motor expenses to more unique business-related purchases like art and entertainment, this episode is packed with actionable insights. We discuss the tax benefits of electric cars, the intricacies of claiming mobile phone usage, and the differences in tax advantages between limited companies and sole traders. Finally, get practical advice on optimizing your deductions while staying compliant, ensuring you make informed financial decisions for your dental practice. Don't miss our final segment on how to get in touch with Johnny Binford for personalized advice and consultation.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Ready to gain a comprehensive understanding of practice mortgages and practice finance? Join us as we sit down with David Parker, a seasoned consultant in the dental healthcare sector, who will enlighten us on the crucial differences between these two avenues for acquiring dental practices. Discover how practice finance typically involves unsecured business loans based on the practice's goodwill, while practice mortgages are secured loans tied directly to the property. We unravel the complexities of secured versus unsecured loans, exploring the key risks, collateral requirements, and how lenders' perceptions differ between these financial instruments.In this episode, we also tackle the practical aspects of acquiring a dental practice through various financial strategies. From required deposits, interest rates, and loan-to-value ratios, to the significance of consulting with a broker, David shares indispensable advice for navigating this intricate process. Learn strategies to leverage other assets such as residential or investment properties to overcome deposit shortfalls, and understand the importance of thorough preparation to ensure a smooth transition from offer acceptance to completion. This is a must-listen for any dental professional looking to acquire a practice or anyone fascinated by the financial intricacies involved in this sector.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Need to review your Income Protection?Connect with Warren here: https://www.dentistswhoinvest.com/income-protection———————————————————————You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Are you paying too much for your income protection insurance? Join us as Warren Robins returns to unpack the hidden costs and strategies dentists can use to reduce their premiums. From understanding the power of compounding costs to making informed decisions between fixed and variable premiums, we lay out actionable steps that can save you money in the long run. We'll draw comparisons to everyday expenses like mobile phone contracts, highlighting how small annual increases can accumulate into significant financial burdens.Discover the critical differences between personal and executive income protection policies and why timely policy reviews are essential. Warren shares a compelling case of a local dentist navigating insurance options amidst a pre-existing medical condition, showcasing the importance of securing better terms while you're still healthy. For business owners, we break down the tax efficiencies of executive income protection policies and the financial benefits of covering P11D benefits, national insurance, and pension contributions through your business.Don't miss out on understanding the complexities of income protection policies. Learn about the challenges of evaluating different insurers and the potential pitfalls of low initial premiums. With real-world examples and expert advice, this episode is packed with insights that will help you avoid financial strain and ensure comprehensive coverage. Tune in to master the art of cost-effective income protection for your dental practice!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

For more questions/inquirues,  feel free to reach out Mike Bryan here: http://www.humph.co.uk———————————————————————You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Unlock the secrets to navigating the complex tax landscape for dentists with insights from Mike Bryan, a leading accountant specializing in dental practices. In this episode, we promise to demystify the advantages and pitfalls of operating as a limited company versus a sole trader, especially in light of recent tax changes. Mike takes us on a journey through the history of limited companies in dentistry, starting with the 2006 government decision that initially provided tax benefits, to the more recent changes in dividend and corporation tax that have shifted the financial advantages.Through real-life scenarios and practical advice, we explore how significant life events, such as purchasing a home or supporting a family, can influence your financial decisions as a dental professional. Discover when incorporation might be beneficial, like leveraging a lower-earning spouse or investing in electric vehicles and property. Learn the importance of regular financial reassessments and how increased private pension contributions could be a game-changer for sole traders. Tune in for a thoughtful discussion that underscores the dynamic nature of career trajectories and financial needs in the dental profession.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

Get your free verifiable CPD for this episode here >>>  https://www.dentistswhoinvest.com/videos/taxation-as-a-dentist-what-the-new-government-means-for-you———————————————————————Want to understand how to become as tax efficient as possible?Connect with Johnny here: https://www.dentistswhoinvest.com/reducing-tax-bill———————————————————————Explore the complexities of the UK's evolving financial landscape for dentists under the newly elected Labour government with our esteemed guest, Johnny Minford, a veteran in dental accounting. We unravel the potential shifts in income tax, NHS dentistry, pensions, and broader tax matters that could significantly impact your practice and personal finances. With Johnny's expertise, we aim to provide clarity amidst the uncertainties and ensure that you stay ahead of the curve.What does the future hold for capital gains tax and corporation tax, and how will these changes influence your business restructuring and retirement planning? Join us as we navigate the possible budget announcements and their timelines, offering strategic insights to help you make informed business decisions. Johnny also shares his take on the stability of corporation tax, capital allowances, and the broader economic impacts on sectors including agriculture and dentistry, ensuring you grasp the full picture.We also tackle the perennial issue of access to NHS dentists and its financial implications. Johnny lends his extensive knowledge to broader tax concerns, emphasizing the importance of synergy between practice owners and associates for mutual benefit. To wrap up, we discuss effective strategies for managing wealth within your dental practice, and highlight the Dentists Who Invest community—your go-to resource for achieving financial freedom. Don't miss our upcoming webinar on mortgages, packed with tips to further empower your financial journey!———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>>  dentistswhoinvest.com/podcastreport———————————————————————Ready to learn how to create a high-performance dental practice? Tune in as we sit down with Dr Ajay Verma, who transformed an old-school NHS dental practice into a modern, mixed practice brimming with success. Dr Verma shares his strategic insights and the importance of stepping outside comfort zones to achieve growth and profitability. He also discusses the challenges of changing established cultures within NHS practices and how he tactfully navigated these dynamics to realize his vision.Discover how effective delegation and team development can elevate your dental practice. Dr Verma explains why stepping out of clinical time to focus on business management is crucial and how trusting team members with responsibilities can enhance both patient care and staff satisfaction. Learn from practical examples, such as specialized training for dental implants and clear aligners, which highlight the growth and contribution of team members to the overall success of the practice. Explore the cutting-edge technologies and mentorship strategies that are revolutionizing the dental industry. Dr Verma illustrates the transformative impact of AI-driven software and CRM systems on practice management, and how these technologies can streamline tasks and measure performance effectively. The conversation also emphasizes the invaluable role of mentorship in reducing the learning curve and improving efficiency. By embracing change and technological advancements, you'll discover the exciting possibilities of creating a unique, high-performance dental practice poised for future expansion.———————————————————————Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.Send us a text