Having years of experience helping solicitors, law firms and other legal professionals means we can offer exceptional services tailored to your requirements. We understand that spending time calculating your tax liabilities to comply with the regulations and SAR reporting required within the industry means time not spent earning profits.
Whether you are a legal profession acting as a sole trader, within a limited company or part of an limited liability partnership (LLP), our unique and specialist legal team have a wealth of sector knowledge and can provide specialised advice and services such as:
How can RWB help?
We provide advice and help our legal professionals with the following services:
- Preparation of annual statutory accounts
- Preparation of tax returns
- Monthly/quarterly management accounts
- Review to identify opportunities to increase profits
- SAR reporting
- Bookkeeping
- Payroll and auto-enrolment
- Cashflow forecasting
- Cash management including payment runs
- IHT planning
- Capital Gains Tax (CGT) on asset disposals and restructuring
- Stamp Duty Land Tax (SDLT)
- Trust and estate planning for both succession and retirement
- Assistance with acquisitions and disposals
- VAT compliance and advice
- Business structure review (sole trader/partnership or corporate structure)
- Finance review to obtain finance
- Annual strategic business and tax review
- Audit of statutory accounts (where applicable)
- Forensic accounting
How Xero can help you
As we have discussed on our Xero Online Accounting page, the benefits to cloud accounting are considerable, and we will tailor the best software solution unique to your business.
Specifically, for solicitors and law firms; Xero works hand-in-hand with following apps to increase the efficiency and profitability of your business, and we will advise on the best sequence tailored for you:
Leap
Xero Champion Partner
Delivering the best cloud-based accounting software solution for your business, RWB Chartered Accountants offers a unique combination of business accountancy expertise and cloud-based software experience.
RWB Chartered Accountants is the largest Xero Champion Partner in Nottinghamshire, delivering cloud-based online accounting software packages ideal for you and your business. Having this status gives our clients peace of mind that they will receive the expertise and support they need when implementing their business software.
Get in touch
Are you ready to talk to a Director?
Neil Coupland and Nick Bonnello manage all our legal professionals having a combined experience within the industry of over 50 years.