How much does a DENTIST earn in a month? A monthly breakdown.

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  • Опубликовано: 13 сен 2024

Комментарии • 66

  • @RainaOnTheCusp
    @RainaOnTheCusp 3 года назад +16

    This is an incredible video, thank you so much for being so transparent once again - great follow on from the previous income video!

  • @FarisDent
    @FarisDent 3 года назад +6

    Thank you for the great info! It can be very difficult to get an honest breakdown!
    Love the content!

  • @DrDanielGabriel
    @DrDanielGabriel 3 года назад +14

    This information is really a rare find on RUclips or anywhere, so thank you!!
    As a first year dental student (but also qualified dental therapist) I wondered throughout the video what are your ‘secrets’ 😆 Like having spoken to quite a few dentists in the past, the amount you said you earned is insane! Maybe it’d be worth making a video on all those factors that affect pay as I am aware of there being ‘a range’ in salaries, but that’s a very big difference! I know it’s also not just about money, and it’s more important to be happy with the people that you work with - maybe you can share your thoughts on that too in a video?
    I’m also perhaps interested in a video collab with you if you wanted, but I’m a bit shy with RUclips haha
    Great content again, subscribed!

    • @LancashireSmiles
      @LancashireSmiles  3 года назад +2

      Hey Daniel, thanks for watching and making great suggestions for future videos. I'll put them on my list of ideas for future videos.
      Send me an email or DM on Instagram and you can let me know what ideas you have for a collab.

  • @odejayiolubukola3951
    @odejayiolubukola3951 3 года назад +2

    Thank you for the breakdown.
    Kindly make a video on how an internationally trained dentist can get into the system .

  • @ivaylorusinov655
    @ivaylorusinov655 2 года назад +2

    Thank you for the video!
    Can you please explain a little bit more about how the payment works with NHS patients? For example, the patient falls under Band 2 treatment so they pay the Band 2 fee, but who receives that money?

    • @LancashireSmiles
      @LancashireSmiles  2 года назад

      The dental practice receives that money. A band 2 would be £65.20 for the patient to pay. So if the practice had a contract of £25/UDA then the payment due to the practice for 3 UDAs (Band 2) would be £75 from the NHS. Since the practice collected £65.20 from the patient, the NHS would pay the difference of £9.80 to the practice making it a total of £75 to the practice.
      If the contract was £20/UDA then the practice would actually have to pay the NHS £5.20 for the same scenario as the practice are due £60 but they collected £65.20. Each NHS practice has a different UDA rate they negotiated with the NHS. From this UDA rate, the practice negotiates a split with dental associates.
      This is my current understanding so don't take it as 100%

  • @YewandeDental
    @YewandeDental 3 года назад +1

    Fantastic video!

  • @HamzaKhan0711
    @HamzaKhan0711 3 года назад +2

    Thank you for these insightful videos! Much appreciated. How much tax did you pay on a £6k income per month?

    • @LancashireSmiles
      @LancashireSmiles  3 года назад

      Your tax is calculated annually. Accountants usually suggest to put aside a third of your income every month. This also ends up covering your student loan repayments, NI contributions etc

  • @davestringer3774
    @davestringer3774 2 года назад +3

    Hey - What were your most profitable treatments / methods to generate such income?! Many thanks 👍🏾

    • @LancashireSmiles
      @LancashireSmiles  2 года назад

      I have grown in my experience and proficiency with orthodontic treatments and this has allowed my income to increase. It could easily be implants or endodontics for someone else.

  • @jothikannappan9495
    @jothikannappan9495 Год назад

    Hi sir can you just say at current how much an international dentist will be paid per month and how many hours to be worked as of 2022.

  • @pikusarker1359
    @pikusarker1359 3 года назад

    Great video. The salary you mentioned pretax or post tax?

  • @1marialatoya
    @1marialatoya 3 года назад +2

    Hello! Thanks for sharing. Can a dentist in foundation year also do private work? How does one go about learning how to do invisalign work? From a foreign-trained dentist with some years of experience.

    • @LancashireSmiles
      @LancashireSmiles  3 года назад +1

      A foundation year dentist is salaried and won't be in a position to earn a private income. I am not sure if this is similar for dentists from abroad. If you went through the exact same foundation year that UK graduates undertake then a private income would not be possible.

    • @1marialatoya
      @1marialatoya 3 года назад

      @@LancashireSmiles Thanks for replying. What about the opportunity to learn Invisalign treatment during FT?

    • @LancashireSmiles
      @LancashireSmiles  3 года назад

      You can take the course and become an invisalign provider during your foundation year. However, you won't get a private income from cases you complete in that year.

  • @diakitty99
    @diakitty99 6 месяцев назад

    What orthodontic treatment are able to do?

  • @NK-ht3fo
    @NK-ht3fo 2 года назад

    Thank-you

  • @SnowofLight
    @SnowofLight 2 года назад

    How many hours are you working for your salary? and how many days a week?
    I just started out, 9-6 5 days/week but I think I can be managing my time much better, considering how much you are earning

    • @LancashireSmiles
      @LancashireSmiles  2 года назад +2

      8am-5pm with a 1 hour lunch break. 5 days a week +2 Saturdays a month which are 4 hours to cover private treatments only.
      Time management and how you structure your diary is key. I've still got a way to go before I can be happy with my structure as I have inefficiencies that can be worked on. Things are improving though...

  • @Learner779
    @Learner779 2 года назад

    Thanks for the video is that after tax

  • @sarahchevallier1125
    @sarahchevallier1125 2 года назад

    may I ask you , for a dentist who has just started working in the UK with a ten year experience in EU , how much he should be paid for uda ? i feel i was naive

    • @LancashireSmiles
      @LancashireSmiles  2 года назад

      £10/UDA seemed to be an average rate over the years. Location will determine what the realistic rate will be due to the supply and demand for dentists. Rural areas are likely to have a higher rate than popular cities. Also, it depends how good you are at negotiating the value with a practice owner.
      The UDA rate is just one factor in the decision making process though. A lower UDA rate with a stable list of patients can be worth more than a high rate with patients who don't turn up.

  • @moudigaming413
    @moudigaming413 2 года назад

    What is 50% split ?

  • @HannahCoops
    @HannahCoops 2 года назад

    how much does that all work out to be after tax per month on average?

    • @LancashireSmiles
      @LancashireSmiles  2 года назад

      Your tax is calculated annually so you don't know the exact tax payment for each month. I save a third of the income to cover the tax bill and that is usually close to the amount required.

  • @BeingBlanche
    @BeingBlanche 3 года назад +1

    Great video! What accountant do you use or recommend? Are you a limited company?

    • @LancashireSmiles
      @LancashireSmiles  3 года назад +2

      I'm with Morris and Co. I am transitioning to working privately through a limited company.
      Thanks for watching 🙂

  • @uchechiobi2396
    @uchechiobi2396 9 месяцев назад

    Is this before tax

  • @adilhussain5015
    @adilhussain5015 3 года назад

    Really interesting video ,How many years after Graduating did it take to be on a salary like that?

    • @LancashireSmiles
      @LancashireSmiles  3 года назад +1

      No such thing as a salary when you're self employed, my pay is different every month. I graduated in 2017.

    • @adilhussain5015
      @adilhussain5015 3 года назад

      @@LancashireSmiles wow that’s inspiring so as your self employed do you own the clinic or at partnership as you were saying about 50/50 split with the firm

    • @LancashireSmiles
      @LancashireSmiles  3 года назад +1

      The principal is the practice owner. They will agree a contract with dentists who are usually self employed. This contract determines the amount of work the principal expects the dentist to carry out.
      In the contract it determines how costs and income is split amongst other things. My contract is 50/50 for costs and income with the principal.

    • @adilhussain5015
      @adilhussain5015 3 года назад

      @@LancashireSmiles Thanks understood

    • @yzy1798
      @yzy1798 3 года назад

      @@LancashireSmiles if you graduated in 2017 how did you have time to become an orthodontist so fast?
      I thought the orthodontics course is 3 years and you need to have a few years of experience as a general dentist before applying for it ?

  • @DaboInspire
    @DaboInspire Год назад

    I want to have a recorded video conversation with you sir
    I'm a dental student at the University of Jos Nigeria,
    Also an association chair, and will love to have a discussion with you.

  • @ROHIT87063
    @ROHIT87063 3 года назад

    Thanks for the great video. Where do you practice. I heard dentists don’t get paid higher in London

    • @LancashireSmiles
      @LancashireSmiles  3 года назад +1

      I'm in the northwest. Preston, Lancashire. In major cities the competition for jobs is higher so the contracts are likely to be less favourable for associates.

    • @ROHIT87063
      @ROHIT87063 3 года назад

      @@LancashireSmiles tq so much!!

  • @Hurrehurra
    @Hurrehurra 3 года назад +1

    So do u Co own a dental practice or are you just an employee associate?

    • @LancashireSmiles
      @LancashireSmiles  3 года назад

      I'm a self-employed dental associate. I don't have any ownership in the practice.

  • @emankhader6045
    @emankhader6045 Год назад

    25000 pound per month ????

  • @olly9825
    @olly9825 2 года назад

    £25,000 in one month! I’m guessing it isn’t usually that high or is it?

    • @LancashireSmiles
      @LancashireSmiles  2 года назад

      It has only happened once in 4 years so that was a very productive month for me.

    • @olly9825
      @olly9825 2 года назад

      @@LancashireSmiles that’s very impressive 👍🏼
      What would you say is a normal amount for 2021?

    • @ArnoldGangaidzo
      @ArnoldGangaidzo 2 года назад

      @@olly9825 I will have to take a look and possibly make a follow up video to assess my average for 2021.

  • @alpo4877
    @alpo4877 Год назад

    22k/ month? Gizus

  • @donnav786
    @donnav786 3 года назад

    Hi doctor are you on Instagram or anything so we can message privately? I have a set of questions and it would be great to get your insight. Thanks

    • @LancashireSmiles
      @LancashireSmiles  3 года назад

      You can add @dentalmentoruk or email dentalmentoruk@gmail.com