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Dental alert –Annual reconciliation and Rates reimbursements
The annual reconciliation reporting period will open shortly on compass. You will need to let your accountant have copies of the associate schedules for the year April 2022 to March 2023, in order for them to calculate the net pensionable earnings declared on the report.
NHS Superannuation Certificates
NHS Superannuation Certificates are available to download from NHS Compass.
Additional declaration required for year-end reconciliation
Dental practices are again this year required to complete a year-end reconciliation form. The form opened for completion on Compass on 6 May 2022. You will be able to find the form in the ‘COVID-19’ menu option.
Proposed NHS pension changes
The NHS Pension Scheme is designed to offer significant value in retirement to people who have chosen to dedicate part, or all, of their careers to serving the public through the NHS.
Dental associate contracts
HM Revenue & Customs (HMRC) have recently announced a change to their policy and approach in respect of dentistry and self-employed status for associates.