Key services to practices
Business structure advice
Governance/management structure
Working capital requirements and funding options
Remuneration planning - tax efficient extraction of profit
Monitoring practice performance
Improving profitability
Statutory audit of annual accounts
For the legal sector completion of SAR assurance reports and providing advice on SARs
Tax priorities for partners:
New to partnership
Retiring partners
Pension contributions and planning
Tax planning and other sources of income
Basis period reform planning
It is important that Partners and Directors of professional practices are dealt with in a highly professional and informed manner.
At Lovewell Blake we understand that what makes your business succeed is the same that you demand from your adviser. We pride ourselves in delivering much more than the basic compliance services you would expect.
Personalised advice from highly skilled professionals, experienced in your sector, is what sets our specialist team apart.
Whether you are structured as a group of limited companies, LLP or traditional partnership, we have the expertise to be your trusted adviser.
Our accounting and tax teams are also complemented by our financial planning company Lovewell Blake Financial Planning who can work with you on strategies for personal wealth planning, pensions and tax efficient investment strategies.
We work with:
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Legal practices
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Accountancy practices
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Architects
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Project management and more
Accountants for Professional Practices Articles
Solicitors Accounts Rules Update
Key partners and staff
Gary Flatt
Partner
Mark Proctor
Partner
Shaun Mary
Partner
Jordan Guymer
Manager
Rob Geary
VAT ConsultantRelated news

‘Basis period’ reforms will impact on most legal practices
The long-delayed HMRC reforms which will see sole traders, partnerships and LLPs assessed for tax on a ‘tax year basis’ are finally due to come into effect in April 2024 – but those practices whose current accounting year-end does not coincide with the tax year need to start thinking about how they are going to cope with the change sooner rather than later.