Our expertise, experience and empathy in dealing with barristers mean Milsted Langdon is the accountancy firm of choice for members of the Bar.
The firm’s south west base is also key to allowing us to deliver a first class service at extremely competitive rates, often on a fixed fee basis.
The services we offer include the preparation of annual income and expenditure accounts and tax returns. We also assist with the completion of VAT returns, payrolls and many other financial or taxation issues.
The solutions we offer include:
When starting out, we will take away all the hassle of establishing your practice with the tax authorities.
We will deal with initial income tax, national insurance and VAT registrations for no extra charge.
We also offer a free consultation with all new pupils and hold regular seminars explaining exactly the process of setting up in business.
Our ‘First call’ solution offers pupils in their first year of practice a 50% reduction on our normal ‘Early years’ fees.
For the first seven years from starting out, barristers are able to prepare their accounts on the cash basis.
During this period, our ‘Early years’ solution will include the preparation of your annual income and expenditure account on the cash basis and a straightforward self-assessment tax return.
We are also willing to give advice on setting up your own systems for accounting should you wish to do this.
When the cash basis comes to an end, we can explain how the catch up charge will affect you.
Our ‘Counsels’ solution includes the preparation of your annual income and expenditure account when the cash basis is no longer available and a straightforward self-assessment tax return.
We also provide a solution for the completion and submission of quarterly VAT returns.