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I refer to the article Lovely smile. While the article has some merit in avoiding the 50% charge to income tax in my view a fundamental issue has not been addressed.
The article in question would be relevant for dentists operating in private practice. Different circumstances would apply where earnings of dentists are solely or mainly from an NHS contract.
As you will no doubt appreciate doctors and dentists are regarded as employees for pension purposes although self-employed for tax purposes. The NHS pension scheme appears to be second to none and by taking a nominal salary the advantage of the scheme would be lost and is unlikely to be replaced by any private money purchase scheme.
Where dentists operate within the NHS scheme a far better solution in my view would have been to have incorporated only any private practice work....
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