Professional practices

We act for solicitors, architects, chartered engineers, estate and letting agents and a range of other professional practices. 

We can give valuable advice and input on a range of business and tax issues and the high numbers of clients in this area enables us to ‘benchmark’ the results of a practice against our average of similar businesses.  This gives vital feedback to our clients in terms of the financial performance and highlights areas for improvement.

We also advise on the most tax efficient structures for such businesses, recognising the tax and commercial issues affecting the business and whether it is most appropriate to operate as a sole trader, partnership,  LLP or limited company.

We carry out a number of ‘client money’ audits for solicitors and for letting agents in accordance with the detailed rules of the relevant regulatory body.  We can do this on a fixed fee basis and are happy to quote and carry out this work independently from the mainstream accounts and tax work.