Expert taxation, accountancy and business advisory services for professional practices

In recent years a complex tax regime and  changing legislation have placed increased demands on professional practices. Our Professional Practices team can help.

Led by experts, our team provides services for many professional practices including sole traders, partnerships, limited liability partnerships (LLPs) and limited companies. We are active members of the ICAEW Solicitors Interest Group, which means that we are always up to date with the financial issues that will affect you.

We understand the issues that professional practices face and can assist you in the following areas:

Accounts and audit

  • preparation of accounts
  • income recognition advice
  • audit of limited company and LLP accounts
  • SRA Accounts Rules 2011 audit

Advisory

  • proactive advice and support
  • practice structure planning including limited company incorporation and LLP conversion
  • partnership changes including merger/acquisition advice
  • valuations
  • practice finance and performance review
  • forecasting and business plans
  • benchmarking

Tax compliance and planning

  • partnership tax planning
  • completion of tax returns
  • remuneration planning
  • Capital Gains Tax advice
  • succession and exit planning
  • PAYE and National Insurance health checks and advice
  • specialist VAT advice
  • Inheritance Tax planning
  • private client service

Integrated services

Call Lisa Leighton on 0114 266 7171 to discuss your needs.