As the financial year draws to a close, it’s the perfect time for UK dental practices to make tax-saving investments in essential equipment. Upgrading your dental chairs, operating lights, and X-ray machines not only enhances patient care but also allows for year-end tax savings. Leveraging the Annual Investment Allowance (AIA) and Super-deduction can make these purchases more affordable. To make this opportunity even sweeter, we’re offering a 20% year-end sale on our range of dental equipment, including high-quality dental chairs!

How Tax Benefits Make Your Dental Equipment Purchase More Affordable

The AIA and Super-deduction are powerful tools for dentists looking to save on equipment by reducing taxable income. These savings apply to qualifying dental equipment like dental chairs and X-ray machines, which are considered “plant and machinery” for tax purposes. Act now to take full advantage of these year-end savings!

1. Annual Investment Allowance (AIA)
   • With the Annual Investment Allowance (AIA), UK businesses can claim a 100% deduction on qualifying equipment purchases, up to an annual limit of £1 million. This allows practices to write off the full cost of items like dental chairs or CBCT units immediately, creating significant tax savings.
   • Example: If you invest £12,000 (excluding VAT) in a new dental chair, you can deduct the full amount from your taxable profits, reducing your tax liability. For a practice with a 40% tax rate, that’s a £4,800 tax saving—almost like getting a 40% discount on your new dental chair!

2. Super-Deduction for Limited Companies
   • For limited companies, the Super-deduction offers even greater savings, allowing a 130% tax deduction on qualifying capital expenditures, available until March 31, 2025. This provides a huge advantage for practices investing in high-value dental equipment.
   • Example: With the Super-deduction, a £12,000 dental chair qualifies for a £15,600 deduction. For practices at a 19% Corporation Tax rate, this results in a £2,964 tax saving—effectively a 24.7% discount off the chair’s net cost.

Why Now is the Best Time to Save on Dental Equipment

By purchasing dental equipment before the end of the financial year, you not only increase your practice’s value but also enjoy a tax-efficient way to invest. With our 20% year-end sale, it’s a great time to buy high-quality dental chairs and equipment for your clinic.

Take Advantage of Year-End Tax Savings for Dentists and Improve Your Practice

Enhance your practice while benefiting from significant year-end tax savings. Contact us today to explore our range of dental chairs and essential dental equipment—and don’t miss out on our exclusive 20% discount on all purchases before year-end!