Professional Practices
We understand the challenges you face as a professional practice and offer a range of tailored accounting and support services to meet your needs.
With intensifying competition, changing legislation and best practice, an increasing number of mergers and a focus on limiting your liability, the world of professional practice accounting has changed rapidly in recent years.
We understand the challenges you can face. With decades of experience, we have developed strong relationships with a broad range of professional firms, including:
- Solicitors
- Barristers
- Notaries
- Accountants
- Engineers
- Quantity surveyors
- Architects
- Estate agents
In addition to the general accountancy and tax services we provide, we have developed support services specifically tailored for professional practice clients, which include:
- Guidance on the structuring of partnerships and Partnership Agreements
- The implications of Limited Liability Partnerships (LLPs)
- The implication of incorporations v unincorporations
- Managing mergers, acquisitions and de-mergers
- Compliance with professional regulatory requirements
- Partnership tax returns
- Valuations of WIP
- Wealth management
- Partner and employee remuneration planning
- Succession planning
We understand the challenges you face as a professional practice and offer a range of tailored accounting and support services to meet your needs.