As experienced solicitor accountants, over the years at Simpson Wreford LLP, we have completed numerous annual Solicitor’s Accountant Reports for our clients. Our staff are fully qualified and receive relevant training to ensure they are fully up to date with the SRA rules which came into effect on 6 October 2011.
We are Chartered Accountants & Registered Auditors who work with a variety of legal professionals including sole trader solicitors, partnerships, LLPs and barristers. You can be assured that we have the skills, knowledge and experience to be able to assist you, whether as an individual or part of a larger legal practice.
We understand the importance of ensuring the report submission deadline is met and work with you to ensure the Solicitor’s Accountant Report is delivered on time.
Being an accountant to a solicitor is more than just SRA rules. We will prepare accounts and complete an audit, if required, as well as completing all necessary tax returns. Furthermore, we are experienced in giving our clients accounting and taxation advice covering their business and personal lives, including:
- minimising your tax liabilities and increasing your income
- ensuring you have the most tax efficient structure which may include converting from sole trader or partnership to LLP or even limited company
- planning your retirement and inheritance tax strategy
- helping you with the purchase of business premises
- valuing work in progress.
We are here to help you and your team provide a first-class legal practice by reducing the burden of your accounts and taxation using our industry knowledge.
We wouldn’t try to fight a case a court ourselves because some things are best left to the professionals - your taxes are one of them.