-
info@makesworth.co.uk
-
Mon - Fri: 9:30 AM - 6:00 PM
info@makesworth.co.uk
Mon - Fri: 9:30 AM - 6:00 PM 
Talk with us: 02079938850
Running a legal practice requires a deep focus on client cases, compliance, and maintaining the highest professional standards. However, managing financial, tax, and regulatory obligations can be time-consuming. At Makesworth Accountants, we provide specialized accounting, tax, and business support services for solicitors and legal professionals across London and the UK. Our goal is to help your firm stay compliant, financially efficient, and focused on delivering exceptional legal services.
As an SRA-compliant accounting firm, we understand the unique financial and regulatory challenges that solicitors face in the UK. Our dedicated team provides expert advice tailored to the needs of legal professionals, ensuring compliance with Solicitors Accounts Rules (SARs) and HM Revenue & Customs (HMRC) requirements. Whether you are a sole practitioner, a legal partnership, or a large law firm, we provide customized support for your financial and tax management needs.
Ensuring your firm remains compliant with SRA (Solicitors Regulation Authority) rules. Managing client money accounts and preparing SRA-compliant financial reports. Conducting regular audits to maintain compliance and avoid regulatory breaches.
Comprehensive bookkeeping and accounting services tailored for legal professionals. Preparation of year-end accounts, tax returns, and VAT submissions. Tax planning strategies to minimize liabilities and maximize tax efficiencies for legal firms.
Complete payroll management for law firms, ensuring compliance with PAYE and NIC requirements. Handling staff pension schemes and auto-enrolment obligations. Advising on employment tax planning for legal professionals.
Expert advice on VAT compliance for legal services, including partial exemption rules. Guidance on corporation tax, income tax, and capital gains tax (CGT) for solicitors. Support for tax-efficient business structuring, whether as a sole practitioner, LLP, or limited company.
Assistance in setting up a business plan, budgeting, and cash flow projections for legal practices. Financial forecasting to help law firms achieve long-term profitability. Advice on funding and finance options for legal practices, including banking relationships and lending options.
Guidance on the incorporation process for law firms and business structure selection. Handling Companies House filings, director appointments, and regulatory updates. Providing company secretarial services for compliance and corporate governance.
Ensuring proper handling of client money accounts under Solicitors Accounts Rules (SARs). Assistance in setting up trust accounts, escrow arrangements, and legal client fund management. Preparation of reconciliations and compliance reports for legal regulators.
Expertise in Solicitors Accounts Rules (SARs) & legal trust accounting.
Ensuring compliance with HMRC tax laws & VAT regulations.
Helping legal professionals scale their practice profitably.
Covering payroll, bookkeeping, tax planning & audits.
Years of experience serving solicitors, law firms & legal consultancies.
Years of experience
Awards Winner
Total Reviews
Law firms must comply with SRA regulations, SARs, and tax laws, making financial management complex.
Managing payroll, VAT, and tax compliance takes valuable time away from client work. Legal professionals need an efficient accounting system to streamline operations.
Solicitors must navigate complex VAT rules, including partial exemption calculations. Effective tax planning is essential to reduce liabilities and maximize tax reliefs.
We ensure compliance with Solicitors Accounts Rules (SARs), handle client money accounts, and provide SRA-compliant financial reports.
Yes, we offer VAT advisory, tax planning, and compliance services to help law firms manage their tax obligations efficiently.
Absolutely! We handle payroll processing, PAYE, NIC, pension schemes, and employment tax compliance for law firms.
We assist in setting up and integrating legal accounting software such as Xero, QuickBooks, and specialist legal practice management systems.
Yes, we offer long-term accounting, bookkeeping, VAT, and tax compliance services to keep your legal practice financially sound.
