Whether you are a newly qualified barrister or have been practicing for many years, the pressures of competing for work on a self-employed basis mean that you need solid accountancy advice.
Our barrister clients appreciate the fact that we are able to take away the strain and burden of taxation and accountancy, allowing them to concentrate on the demands of their practice.
Our experience in dealing with the financial affairs of barristers means we are able to offer you an ongoing service that supports you throughout your professional life.
One area where we offer particular expertise is advising barristers who are interested in new business structures.
In January 2015, the Bar Standards Board (BSB) began accepting applications from barristers wishing to set up new BSB-regulated businesses, or entities, offering reserved legal activities, including appearing in court as an advocate.
The changes mean that barristers are now able to form companies, partnerships or limited liability partnerships.
You may be considering, or be interested in exploring, options for a more flexible organisational structure and we can provide expert advice on different tax and other issues involved in operating as a partnership, LLP or company.
As one of the leading firms of chartered accountants for barristers, our dedicated accountants and taxation advisers are able to provide you with practical, friendly and cost effective personal advice.
To find out how we can support barristers and chambers, please contact us.