Operating a legal firm involves specific challenges and responsibilities. At Salhan Accountants, we understand the issues you face and can use our experience and expertise in working with solicitors to provide forward-thinking advice.
We recognise that legal practices are focused on providing their own clients with the best possible service, so it can be difficult to allocate time and resources to planning for the firm’s growth and development when practice leaders are also dealing with day-to-day business management and regulatory issues.
Whether you are a sole practitioner or a multi-partner practice, our team can help you run your legal firm efficiently and cost-effectively and to achieve your financial and business objectives.
Our services to the legal profession are tailored to help plan and manage the growth of both your business and your personal wealth.
Our Services for Solicitors
Raising finance – we have our own corporate finance team
Outsourced bookkeeping and accounts, through our own finance department
Regulatory audits under Solicitors Accounts Rules and other reporting
Advice and practical implementation of partnership, Limited Liability Partnership (LLP) and limited company status
Specialist tax and VAT advice for practice matters and to supplement in-house knowledge when advising clients
Advice on practice management issues
Self-assessment tax returns for partners
Partnership tax returns
Practice valuations
Bespoke tax planning, including tax strategies for high net worth individuals
Tax investigation assistance through our Taxation-Investigation service
Wealth preservation and asset protection
Succession and exit planning
Pensions
Retirement planning
Ready to Make Informed Financial Decisions?
Take the next step toward smarter financial management with tailored support from Salhan Accountants.