At TAXCA Accountants, we understand the complex financial and regulatory requirements faced by solicitors and law firms. From handling SRA compliance to managing client accounts and tax obligations, our expert accounting services ensure that your practice remains financially sound, compliant, and primed for growth.
How We Support Solicitors & Law Firms
- SRA Compliance & Client Money Accounting – We help ensure your firm meets Solicitors Regulation Authority (SRA) guidelines, including compliance with client money rules, accurate reporting, and efficient financial management.
- Tax Planning & Compliance – Whether you operate as a sole practitioner, in a partnership, or a limited company, we provide tax-efficient strategies to minimize liabilities while ensuring full compliance with HMRC.
- Payroll & Partner Remuneration – We manage payroll for employees, handle partners' profit distributions, and advise on the best structure for maximizing earnings while remaining tax-efficient.
- VAT & Legal Sector-Specific Accounting – Legal services often involve complex VAT rules, including disbursements and partial exemptions. We ensure VAT returns are correctly managed to avoid costly errors.
- Cash Flow & Growth Strategy – We provide financial forecasting and business planning to help your firm control costs, manage cash flow, and make informed decisions for expansion.
Why Choose TAXCA Accountants?
With years of experience supporting solicitors and law firms, we offer specialist financial expertise tailored to the legal profession. Our proactive approach ensures your accounts are in order, so you can focus on delivering excellent legal services to your clients.
Require more information?
If you would like more information or would like to speak to us direct then call us on 020 3369 7867. Or if you would prefer, ask us a question online.