Under the headline,
“Almost 400 dentists earn more than £300,000 a year, NHS figures reveal”,
explains The Times,
“Almost 400 dentists working in England and Wales earn more than £300,000 a year, according to the latest pay and expenses figures.
Data released by the NHS Information Centre showed that 6 per cent of the 19,000 dentists earned a taxable income of more than £200,000 last year. Of these 1,172 dentists, 392 were in the top bracket of at least £300,000.”
The Times report continues,
“In England average salaries were calculated at £126,527, once average expenses of £218,843 for building hire, staff and other running costs were deducted. Dentists without a contract with the local primary care trust or health board earned £66,259 on average.”
According to the NHS Information Centre in its report Dental Earnings and Expenses, England and Wales, 2007/08 published on 4th August 2009 and referred to by The Times,
“As is to be expected, [the tables] show that average gross earnings, expenses and taxable income increased [as dentists] increased the average time per week they devoted to dentistry.”
and
“For all self-employed primary care dentists, taxable income for those dentists who worked an average of more than 45 hours per week was £147,283, compared to £69,330 for those who worked an average of less than 35 hours.”
The really useful information disclosed by this NHS report shows that depending upon the number of hours worked, the average dentist’s taxable income varied between £69,330 and £147,283. These figures are not excessive given the professional qualifications that have to be secured by an individual in order to practise as a dentist and the number of hours worked by those earning the highest income.
Undoubtedly some people will be outraged that a very small percentage of dentists earn so much money, but the NHS report is hardly evidence of an overpaid profession.