Accountancy services for Professional Practices
How we can help professional practices?
At MFW we have experience with dealing with a wide range of professions including solicitors, medical consultants, doctors, veterinary surgeons, and chartered surveyors. Each office offers a range of accounting, audit and tax services for professional practices including:
Audit, accountancy and tax compliance:
- Accounts preparation and review.
- Employee tax compliance.
- Partnership tax return completion.
- Partners personal tax assistance.
- Payroll assistance and advice.
- Solicitors Accounts Rules (SAR) audits.
- VAT assistance and advice.

Strategic advice for professional practices:
- Incorporation and Limited Liability Partnerships (LLP) strategies.
- Partnership disputes resolution.
- Partnership mergers and demergers.

Tax planning for Professional Practices:
• Choice of year end and implications of overlap relief.
• Personal pension planning advice.
• Tax consequences of incorporation.
• Tax consequences of mergers.
• VAT advice.
Book a free initial consultation
Book a consultation to see how we can help you.