The UK Electric Car Tax Loophole: What EV Owners Need to Know in 2025
Electric vehicles (EVs) lost their tax-free status on April 1, as the Government looked to boost dwindling car tax receipts. The changes mean EVs now attract a £195-per-year bill, bringing them in line with most petrol and diesel cars. But while this marks the end of a significant incentive for going electric, savvy drivers are still exploring legal workarounds commonly referred to as electric car tax loopholes to soften the financial blow. From choosing the correct type of EV to registering under specific schemes or business ownership, there are still a few routes that could reduce your Vehicle Excise Duty (VED) liability. Understanding the New Electric Car Tax Rules The 2025 changes mean all electric vehicle owners now pay road tax. Your vehicle’s registration date and value will determine exactly how much you owe. How Much Is EV Road Tax in 2025? From April 1, 2025, all electric vehicle (EV) owners in the UK must pay Vehicle Excise Duty (VED) ending years of road tax exemptions. Here’s what you need to know about the new rates: Standard EV Road Tax (VED) Rates: Registration Date Annual VED Rate From 1 April 2025 (First Year Only) £10 From 1 April 2025 (Second Year Onwards) £195 (or £620*) 1 April 2017 – 31 March 2025 £195 1 March 2001 – 31 March 2017 £20 Full Road Tax Breakdown by Vehicle Type Electric cars are now subject to road tax, just like petrol and diesel vehicles. New zero-emission cars registered on or after 1 April 2025: Pay the lowest first-year rate of VED (£10). Move to the standard rate of £195/year from year two. EVs registered between 1 April 2017 and 31 March 2025: Now pay the standard £195/year road tax. Expensive Car Supplement ends for EVs: From 1 April 2025, new electric cars with a list price over £40,000 will be subject to an extra £425 per year for five years. Total VED: £620/year. Older EVs (registered 1 March 2001 – 30 March 2017): Move from Band A to Band B, now paying £20/year. Zero-emission vans: Shift to the petrol/diesel light goods rate, currently £335/year. Zero-emission motorcycles and tricycles: Will now pay £25/year, aligned with the smallest engine band. Hybrids and alternative fuel vehicles: Will now be taxed at the same rate as petrol and diesel cars. Best Insurance Options for Electric Vehicle Owners As EV owners adjust to new road tax rules, insurance becomes even more crucial in managing the overall cost of ownership. Here’s a breakdown of four key insurance products EV drivers should consider: GAP Insurance for EVs Electric vehicles can depreciate rapidly, often faster than traditional cars due to evolving technology and government incentives. If your EV is stolen or written off, your insurer typically pays out the current market value, which may fall short of what you originally paid or still owe on finance. GAP (Guaranteed Asset Protection) Insurance covers the difference, offering peace of mind when it matters most. Especially for newer EVs priced over £40,000, GAP insurance isn’t just helpful — it’s financially essential. Note: Some underwriters have increased premiums for EVs due to their faster depreciation rates. 2. Tyre and Alloy Wheel Insurance EVs are heavier than petrol or diesel cars due to their battery packs. This extra weight puts added pressure on tyres and wheels and when combined with potholes and tight city parking, damage becomes more likely. Standard insurance usually won’t cover these costs, but a Tyre and Alloy Wheel policy can cover repairs or replacements, potentially saving you hundreds. 3. Cosmetic Bodywork Insurance Sleek designs and modern finishes make dents and scratches on EVs more noticeable and more costly. Beyond appearance, minor damage can impact resale value or even trigger end-of-lease charges. Cosmetic Insurance covers scuffs, dents, and paintwork damage without affecting your no-claims bonus. It’s a smart way to keep your EV looking sharp while protecting your investment. 4. Motor Excess Insurance To keep premiums low, many drivers choose higher voluntary excesses — but if you need to claim, the out-of-pocket cost can sting. Motor Excess Insurance reimburses your excess after a valid claim, softening the blow and turning a major expense into a minor inconvenience. Hidden Costs of Owning an Electric Vehicle Electric vehicles may save money on fuel and maintenance, but there are some hidden costs worth knowing. From higher insurance premiums to expensive repairs and fast depreciation, owning an EV isn’t always as cheap as it seems. Installing a home charger may also require property upgrades. While EVs are still a smart choice for the future, it’s important to plan for these less obvious expenses. EV-specific repair and battery replacement costs Higher insurance premiums Home charger installation and electrical upgrades Faster depreciation compared to petrol/diesel cars Limited access to EV-specialist garages Final Thoughts! The UK’s 2025 road tax changes mark a big shift for EV owners. What you pay now depends on when your vehicle was registered, its value, and emissions. With tax bills rising and incentives winding down, smart decisions around insurance and ownership matter more than ever. At Quilliam Marr, we help EV owners protect their investment with tailored cover that reduces long-term risks. Whether you lease, finance, or own your car outright, make sure both your vehicle and your wallet are prepared for the road ahead.
Best Accounting Firms for Dentists & the Dental Industry
The “best” accountant for dentists varies depending on individual needs, goals, and practice size. Whether you’re an associate or a practice owner, choosing the right financial expert can make a huge difference in profitability and peace of mind. Several firms are well-known for their expertise in dental accounting, including Smith Coffey, Alexander & Co, DJH Mitten Clarke, Morris Crocker, and Lovewell Blake. These professionals understand the numbers behind a successful dental practice. In this guide, we’ve listed some of the top accountants for dentists in 2025 so you can find the right partner to support your practice, boost growth, and simplify your financial journey. Top 10 Dental Accountants & Tax Advisers 1. Abacai Abacai is a UK-based boutique accounting firm offering specialized support to dental and healthcare professionals. Known for its personalized and proactive approach, Abacai focuses on helping practices scale with confidence by providing both strategic and operational financial services. Their team blends expert financial insight with deep sector understanding, making them a go-to for UK-based dentists seeking tailored advice beyond standard compliance. Location: London, UK Clutch Rating: 5.0 Services: Accounting, fractional CFO, finance & accounting outsourcing (FAO) Best For: Dental practices seeking personalized UK-based support 2. Fusion CPA Fusion CPA has earned a stellar reputation in the US for its innovative and data-driven accounting services. With a strong focus on dental and medical professionals, they offer a range of services, from daily bookkeeping to high-level strategic planning. Their cloud-based systems and forward-thinking approach make them an ideal fit for practices seeking to modernize their financial operations. Location: Atlanta, Georgia, USA Clutch Rating: 5.0 Services: Bookkeeping, tax planning, CFO consulting Best For: Dental clinics ready to scale with modern, tech-enabled solutions 3. Dental Tax As the name suggests, Dental Tax is a Canada-based accounting firm that works exclusively with dentists. Their laser-like focus on dental practices provides them with unmatched industry insight, enabling clients to navigate everything from tax filings to practice transitions. Their service is renowned for being highly personalized and tailored to the specific needs of dental professionals in Canada. Location: Ottawa, Canada Clutch Rating: 5.0 Services: Tax, accounting, practice transitions Best For: Canadian dentists wanting niche, dental-only accounting expertise 4. ModVentures LLC ModVentures combines modern accounting tech with a strong client-focused approach. Although not exclusively dental, they work with several healthcare providers, including dental practices, offering scalable services like outsourced CFO, bookkeeping, and payroll. Their flexible pricing and remote support make them an excellent option for small to medium-sized clinics. Location: Tucson, Arizona, USA Clutch Rating: 5.0 Services: Accounting, tax, outsourced CFO Best For: Growing practices that want virtual financial leadership 5. Edge Advisors Edge Advisors is one of the few firms that go beyond accounting by offering full-spectrum support to dental practices—including recruitment, business transitions, and M&A advisory. With deep roots in the dental industry, they’re ideal for practice owners looking to expand, sell, or optimize operations in the US Midwest. Location: Wisconsin, USA Clutch Rating: 5.0 Services: Dental accounting, transitions, recruiting Best For: Midwest dentists focused on growth, hiring, or practice sale 6. Reliance Consulting, LLC Reliance Consulting provides comprehensive tax and accounting services specifically designed for medical and dental professionals. Their detail-oriented approach, combined with substantial industry knowledge, makes them a trusted partner for practice owners looking to maintain compliance while improving profitability. Location: Tampa, Florida, USA Clutch Rating: 5.0 Services: Tax, accounting, payroll, business advisory Best For: Dentists seeking a full-service financial team in Florida 7. Ash Dental CPA Ash Dental CPA works exclusively with dental professionals, providing accounting, tax, and consulting services throughout all stages of a practice’s lifecycle—from startup to sale. Their experience with practice acquisition and transitions makes them a valuable resource for dentists planning for growth or exit. Location: Massachusetts, USA Clutch Rating: 5.0 Services: Tax, accounting, practice transitions Best For: Dentists buying, running, or selling a practice 8. James Moore & Co. James Moore & Co. is a well-established accounting firm with a dedicated healthcare niche, including a focus on dental clients. Their tailored services and decades of experience make them especially helpful for practice owners seeking long-term financial strategy support, along with compliance. Location: Florida, USA Clutch Rating: 4.9 Services: Accounting, audit, tax, business consulting Best For: Long-term financial growth and audit-ready practices 9. The MFA Companies The MFA Companies offer high-level tax and business advisory services to help dental groups and private clinics scale effectively. They’re known for assisting practices to improve operational efficiency while planning for expansion or investment. Location: Massachusetts, USA Clutch Rating: 5.0 Services: Tax, assurance, consulting Best For: Fast-growing dental businesses with complex needs 10. YHB CPAs & Consultants YHB has been serving healthcare professionals for decades, offering reliable tax, audit, and consulting services. Their strong reputation stems from consistently delivering results and providing client-centred service, making them a trusted name in the dental industry, particularly in the Virginia region. Location: Virginia, USA Clutch Rating: 5.0 Services: Tax, audit, financial planning Best For: Established dental practices seeking trustworthy long-term advisors Key Considerations When Choosing the Best Accountant for Dentists Choosing a dental accountant isn’t just about crunching numbers. It’s about finding someone who understands your industry, your challenges, and your goals. Here’s what to look for when selecting the best accountant for your dental practice. 1. Go for Dental Accounting Specialization Not all accountants understand the complexities of dentistry. A dental tax specialist knows the ins and outs of NHS contracts, private billing, UDA valuations, and equipment deductions. Working with someone who speaks your language can save you time, money, and stress. 2. Look for Full-Spectrum Services The ideal accounting firm for dentists should offer more than just bookkeeping. Tax planning, business structuring, payroll, practice sales, and long-term financial advice should be part of the package. The more tailored the services, the more value you’ll get. 3. Check Their Industry Experience Ask how many dental clients they’ve worked with and how long they’ve been doing it. Experience in dental practice accounting means fewer surprises for you—and better strategies to handle
