Palacegirl77,
I'm in Scotland. It's complicated, but been at my practice for less than a year, and only building up an nhs list. I received £800 a month as a covid Grant ( 80% of my earnings). Out of that I need to pay my indemnity, various insurances, my professional fees, my transport costs as still working, my left over lab bills from pre-lockdown. I was left with very little. I have had to put my business loan on hold and defer payments to HMRC.
I have a staff member just back from maternity leave. Didn't work last year so they couldn't give her 80% of the "nothing" she earned as a self employed dentist last year.
I have a staff member who left mid April, and took their covid payment away with them, leaving the practice with a significant shortfall.
I'm a practice owner. We were advised by our accountants that if you take the nhs covid grants you can't furlough staff. And anyway, most of them were working anyway.
Our normal private monthly income ( @£20k per month for the practice) supplements the nhs work we do. This was down to zero. We still had all our normal overheads that were not reduced in any way, such as rent, insurance, leasing of equipment, maintenance costs, rental of telephone services, software admin and licenses, electricity, rates, heating, internet, engineers, HR support, accountants, waste disposal contracts ... the list goes on.
Our covid grants covered paying our dentists a reduced wage, but didn't cover admin staff.
We didn't qualify for business grants as not retail and leisure. This would have been for the practice to help with rent/rates etc.
We normally have approx 140 patients through our door every day, but now it's down to about 20.
It's not going to end any time soon. The covid fixed payments are likely to continue until Feb/March next year. We cannot any longer charge nhs patients, so if they require a denture, the cost of making that comes out of dentist's own pocket.
Like I said it's complicated. But it's an absolute fact that we are running at about 1/5- 1/4 capacity. Redundancy has been our only route so far. It's a total shit show in fact.
Anyway, judge us, make assumptions all you want.
It's not our fault that NHS dentistry can't go ahead at the moment. It was barely breaking even before this, when we didn't have to worry about reduced capacity, fallow and deep cleaning time. There is a massive oral health crisis looming.
And can you clarify what you meant by shooting myself in the foot? I really don't understand. None of this was in my control. I've been following government guidelines.