Accountants For Solicitors in London

While running a law firm, your accounts should not become another case to manage.

At Accotax, we have specialist accountants for solicitors in London who know the Accounts Rules inside out. We keep your client account clean, your tax bill fair, and support your firm with its accounting and tax obligations.

You run the cases. We run the numbers behind them.

What Accounting Services Do We Provide for Solicitors and Law Firms?

At Accotax, we offer comprehensive accounting services for solicitors. Our accounting services are designed to support firms of all sizes. Here is exactly how our specialist accountants for solicitors help your firm stay ahead:

SRA Accounts Rule Support: We can help maintain and review your client and office accounting records in line with applicable SRA Accounts Rules and support you with the preparation of information required for an accountant’s report.

Bookkeeping Services: Accurate bookkeeping forms the foundation of every successful legal practice. Our precise accounting services for solicitors can help keep client ledgers and accounting records accurate, organised and ready for review when required.

Partnership & Corporate Tax Planning: Whether you operate as a sole practitioner, a traditional partnership, or a limited liability company, our accounting for solicitors helps minimise your tax liability. We also keep you fully compliant with HMRC.

Payroll Management: Legal practices rely on smooth payroll processes. We handle complex partnership profit allocations, PAYE, and contractor payments accurately and on time.

Year-End Accounts: We prepare year-end accounts accurately and efficiently. As expert accountants for solicitors, we make sure that all your financial reporting obligations are met.

VAT Services: Our team manages registrations, returns, compliance requirements, and ongoing support. Through our tailored accounting services for law firms, we help create more efficient financial processes that support long-term growth.

Why Do Solicitors Need Specialist Accountants?

Solicitors need specialist accountants because their legal financial operations involve strict regulatory controls and complex client money management. Also, because they have tax structures that general accountants typically do not handle.

If you work with specialist accountants for solicitors, it means you will receive advice that is specifically aligned with how legal firms operate. Generic accounting support can overlook industry-specific challenges. On the other hand, experienced accountants for law firms understand the commercial and compliance pressures solicitors face every day.

At Accotax, our solicitor accountants can support different types of legal practices and professionals, including:

Sole practitioners
Solicitors working through their own business
Small and growing law firms
Established legal practices
Partnerships
Limited companies
Legal professionals with more complex accounting needs

Our specialist accountants for solicitors in London can provide support based on what your practice actually needs.

How Does It Work When You Hire Us as Your Accountants For Solicitors in London?

Getting started with our specialist solicitor accountants is quite simple.

Free call. Tell us about your firm, your size and what keeps you up at night.
Quick review. We look at your current accounts, client accounts and software.
Clear quote. A fixed fee, written down, with exactly what is included.
We take over. We handle the handover with your old accountant so you do not have to.
Ongoing support. Regular numbers, deadlines covered and answers whenever you need them.

Most firms are fully set up within a couple of weeks.

What We Offer Based on Your Business Structure

Compliance

Bookkeeping
Annual /Year End Accounts
VAT Returns
Confirmation Statement
Payroll & PAYE
Workplace Pensions
Management Accounts
Budgeting & Forecasting

Tax Advisory & Automation

Company Tax Returns
Personal Tax Returns
R&D Tax Credits
EIS/SEIS
Capital Allowances
Part Time FD
Accounting System Automation
Apps Integrations

Setup & Others

Company Registration
PAYE Registration
VAT Registration
Personal Tax Registration
Company Secretarial Services
Business Advisory Services
Tax Investigation Insurance
Business Growth IDeas
Accounts Receivables
Accounts Payable

Compliance

Bookkeeping
Annual /Year End Accounts
VAT Returns
Confirmation Statement
Payroll & PAYE
Workplace Pensions
Management Accounts

Tax Advisory & Automation

Setup & Others

Compliance

Bookkeeping
Annual /Year End Accounts
VAT Returns
Confirmation Statement
Payroll & PAYE
Workplace Pensions
Management Accounts
Budgeting & Forecasting

Tax Advisory & Automation

Setup & Others

SPV Registration
PAYE Registration
VAT Registration
Personal Tax Registration
Company Secretarial Services
Business Advisory Services
Tax Investigation Insurance
Business Growth IDeas

Compliance

Bookkeeping
LLP Accounts
VAT Returns
Confirmation Statement
Payroll & PAYE
Workplace Pensions
Management Accounts
Budgeting & Forecasting
Partnership Tax Return (SA800)

Tax Advisory & Automation

Setup & Others

LLP Registration
PAYE Registration
VAT Registration
Personal Tax Registration
Company Secretarial Services
Business Advisory Services
Tax Investigation Insurance
Business Growth IDeas

Compliance

Bookkeeping
Self Employed Accounts
VAT Returns
Payroll & PAYE
Workplace Pensions
Budgeting & Forecasting
CIS Returns (if in construction industry)

Advisory & Automation

Setup & Others

Self Employed Registration
PAYE Registration
VAT Registration
Personal Tax Registration
Business Advisory Services
Tax Investigation Insurance
Business Growth Ideas
Switching to Ltd company
MTD - ISTA

Compliance

Tax Advisory & Automation

Setup & Others

Compliance

Tax Advisory & Automation

Setup & Others

Compliance

Tax Advisory & Automation

Setup & Others

Compliance

Tax Advisory & Automation

Setup & Others

Compliance

Bookkeeping
Partnership Accounts
VAT Returns
Payroll & PAYE
Workplace Pensions
Management Accounts
Budgeting & Forecasting

Tax Advisory & Automation

Setup & Others

Partnership Registration
PAYE Registration
VAT Registration
Personal Tax Registration
Business Advisory Services
Tax Investigation Insurance
Business Growth Ideas
Switiching to Ltd company

See Our Packages

FAQs - Accountants for Solicitors in London

Why should solicitors use specialist accountants?

Specialist accountants for solicitors understand the financial challenges faced by legal practices. They can provide tailored support to solicitors. Accountants with experience in the legal sector can also help in improving compliance and managing finances more effectively.

What should solicitors look for when choosing an accountant?

Look for experience working with legal professionals, responsive communication, proactive advice, strong compliance knowledge, and a full range of accounting services for solicitors that can support future growth.

What is the difference between office expenses and client expenses?

Office expenses are your firm’s running costs, such as rent, software, and salaries. Client expenses are costs incurred directly for a specific case. Our accountants for lawyers can help distinguish office expenses from client-related costs and maintain appropriate accounting records. This helps you ensure your business claims the right tax deductions while staying fully transparent with clients.

How are solicitors taxed in the UK?

It depends on how your firm is set up. Partners in a partnership pay income tax on their share of profits through self-assessment. Directors of a limited company are taxed on salary and dividends, while the company pays Corporation Tax on its profits. At Accotax, our specialist law firm accountants can show you which structure suits you and what it means for your tax bill.

How does VAT work for solicitors?

Solicitors must charge standard-rate Value Added Tax (VAT) on most legal services provided to clients based in the UK when their turnover exceeds the UK registration threshold of £90,000. Our specialist accountants for solicitors manage VAT registrations, returns, compliance requirements, and ongoing support.