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Professional Partnerships

Professional practices face many pressures from new regulations, increasing competition and clients demanding more for less. With so many changes sweeping the professional services sector, getting the right advice when you need it, from advisers who understand your business and sector, can make the difference between success and failure.

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Why haysmacintyre?

Our partners have real experience of running a business with some of our team holding management board positions so we understand the challenges you face.

We can help you strengthen your financial position and your reputation, by controlling your costs and risks and making sure you take advantage of new opportunities. As well as benefiting from our technical knowledge, it can also be hugely useful to have the insight from other experienced managing partners of a growing firm.

Our clients include solicitors, barristers, surveyors and architects, and we have worked with many of them for a long time as their trusted advisers. They value our openness and proactive service and are happy to recommend us. In fact, much of our business comes from referrals.

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Whether you need support in dealing with the day-to-day running of your partnership, such as accounts, cash flow and tax advice, or expertise on specific issues, such as acquisitions and mergers or succession planning, we will be very pleased to help.

We can tailor our advice to meet the needs of your practice and your partners. Our services include:

  • Audit and accounting
  • Tax compliance including partnership tax and VAT
  • Solicitors’ Accounts Rules reviews
  • Remuneration strategies to reward and incentivise staff
  • Performance improvement and benchmarking
  • LLP status
  • Taxation planning and investigations
  • Personal tax planning and wealth management
  • Business valuations
  • Mergers and acquisitions
  • Business structures, including limited liability partnerships; incorporation and partnership re-structuring
  • Succession planning

Brexit series round-up

To help our valued clients through a turbulent start to the year, we launched haysmacintyre’s post-Brexit series featuring insights from our team of specialists and industry experts

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COVID-19

Please visit our dedicated COVID-19 page on the range of financial, tax and accounting measures being introduced with our related thoughts/insights on helping businesses during this time.

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Corporate and Private Client eNews

The latest edition of our eNews is now available to download by clicking on the button below and visiting our publications page.

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I have used haysmacintyre for a number of years both on compliance and advisory assignments and have always found them to be responsive to any queries and happy to go that extra mile to think round the issue and come up with a solution.

Director, Owner

Corporate Organisation
Insights
Private Client

Making Tax Digital for Income Tax

HMRC has confirmed that Making Tax Digital (MTD) will apply from April 2023. Unincorporated businesses with trading and/or rental income exceeding £10,000 per year will be required to keep their accounting records electronically and file quarterly updates with HMRC. In addition, a final end of period submission will be required, after the end of the tax year. It is estimated that four million businesses will be affected.

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Insights
Private Client

Working from home allowances for partners

At the outset of the COVID-19 pandemic, HMRC announced the extension of the working from home allowance for employees, and made it easier to claim where staff have been required to work from home as a result of the various lockdowns.

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Insights
Private Client

COVID-19: Individuals and Partnerships summary page

This article was last updated on 5 November at 13:20. This is haysmacintyre’s dedicated summary page for individuals and partnerships on the range of financial, tax and accounting measures being introduced to support finances in the light of the current COVID-19 pandemic. Navigating through the personal finance environment has never been more difficult. This page summarises the […]

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