Our approach
Our specialist team provides a range of solutions for our barrister clients. We guide them through the financial side of their business, taking into account the complex, unique requirements and tax rules that apply to them. We assist our Barrister clients through their entire career, from pupillage to Kings Counsel and right through to becoming part of the Judiciary and ultimately retirement. We recognise that the needs of Barristers through different stages of their career change and we can assist with planning for both business and personal circumstances throughout.
In the current demanding economic climate, we are conscious that we need to make dealing with your accounting and tax affairs as simple as possible so that you can concentrate on building and maintaining your own practice.
We can offer an all-in-one service for our Barrister clients. From bookkeeping and dealing with Making Tax Digital, preparation of the Income and Expenditure Statement, the completion of self-assessment tax return, completion of VAT returns and tax planning services specifically geared to the legal profession. As well as a fully electronic service, we can also provide traditional bespoke services including preparation from source documents where that is preferable for the client.
We focus on providing a service to our barrister clients whilst undertaking the work focused on their personal requirements – we understand that a one size fits all service is not appropriate to everyone.
Our Barrister Accountancy services
The main services we offer are as follows:
Accounts preparation
- We prepare the income and expenditure statement adhering to current accounting guidelines and tax legislation.
Tax Returns
- Providing assistance, to ensure that our clients comply with tax regulations and obligations. Including Self-Assessment Tax Returns, Capital Gains tax returns and, managing enquiries.
Bookkeeping
- With the demands of making tax digital we are able to provide a variety of bookkeeping services that ensure that our clients are making tax digital compliant.
VAT Services
- We can prepare returns or we can provide bridging software in order to meet current VAT obligations, we can also assist with any enquiries from HMRC
Tax planning
- We provide income tax planning, capital gains tax planning and inheritance planning with an eye to planning for retirement, wealth management, life changes, family arrangements, and in passing wealth onto next generations.
International Tax Aspects
- We advise in aspects of tax residence and tax domicile and can provide local assistance in overseas jurisdictions through our international network.