Professional services finance
Professional service finance is more complex than it’s ever been. Changes to industry regulation and best practice, intensifying competition and mergers, including a focus on limiting liability, all require specialist advice beyond traditional accounting.
Our specialist professional services team has a well-earned reputation, through many years of experience working with a varied portfolio of professional practice clients, including solicitors, structural engineers, quantity surveyors, architects and estate agents.
How we work
We deliver a bespoke service, finely tuned to the particular financial and commercial challenges you face. One of our specialist professional services team will be assigned to you, and will be your contact at all times. Our understanding of professional services, along with our proactive and innovative approach to managing your financial affairs, means that you can have complete peace of mind, and be confident we are working towards making a real difference to your bottom line.
Some of the ways we can help include:
- Guidance on partnership structuring/restructuring and partnership agreements
- Advice on the implications of Limited Liability Partnerships (LLPs)
- Advice on the implication of incorporations vs. being unincorporated
- Managing mergers, acquisitions and de-mergers
- Compliance with Solicitors’ Accounts Rules and Law Society’s Accounting
- Costs and fee structuring
- Partnership tax returns
- Work In Progress valuations
- Wealth management
- Partner and employee remuneration planning
- Succession planning
Chancellor Rishi Sunak on 3rd March unveiled the contents of his Budget in the House of Commons.
Setting out the government’s tax and spending plans for the year ahead, he announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery.
There is a lot of anticipation that measures being introduced in the next budget in March will add to the struggle of many companies during the continued COVID-19 pandemic.
What clients think
“I owe them a great deal of thanks for their professional services advice and guidance, they are extremely well organized and whatever comes up in running a company they have an expert that is extremely competent in any field from personal tax to pension advice etc.”
– Roger Moss Courtville Services Ltd