The report revealed that a total of 382 dentists out of 20,000 had a gross income of over £300,000 between 2007 and 2008, and 1,172 had gross earnings of more than £200,000 over the course of the year. It also highlighted a pay difference between dentists in England and Wales, with the average pay in England being £88,870 and the average in Wales being £93,924.
The key findings of the report are:
- The average taxable income for Providing-Performer dentists was £126,807, compared to £65,697 for Performer Only dentists. The overall average was £89,062;
- The average expenses for Providing-Performer dentists were £218,843, compared to just £33,512 for Performer Only dentists; and
- The average gross earnings for Providing Performer dentists were £345,651, compared to £99,208 for Performer Only dentists.
Further reading - A detailed review of the UK pharmaceutical market, including some background information on dentistry, is available from Espicom: The Pharmaceutical Market: United Kingdom (published June 2009)