Professional Services
Getting the right service from your accountant helps you give the right service to your clients
We work for a large number of professional clients and have experience in the following areas that particularly affect professional firms:
- Structure/whether to operate as a sole trader, partnership, limited liability partnership, company or as a hybrid
- Acquisitions, disposals, mergers and de-mergers of offices and firms.
- Admission and retirement of partners
- Raising capital to acquire an interest in a firm
- Partner remuneration structures
- Funding issues for firms including property and IT/equipment expenditure
- Valuations of firms and/or partner’s shares
- Property ownership issues including whether to hold within or outside of the partnership and use of pension vehicles to hold property
- Partnership/shareholder disputes
- Partnership taxation including tax reserving for partners
We act for professional firms operating in a wide variety of disciplines including:
- Barristers
- Hospital consultants
- Dentists
- Vets
- Surveyors
- Architects
- Chiropractors
- Osteopaths
- Opticians
- Pharmacists
