Barrister Accountant – Accountant for Barristers – Barrister tax returns
Specialist in accountancy and tax for Barristers
- T: 0116 298 2425
- E: enquiries@barristeraccountantuk.co.uk
Accountants Who Understand Chambers, Brief Fees and the Bar
We are an independent firm of Chartered Accountants specialising in accountancy and tax for self-employed barristers, from pupillage through tenancy to silk. We understand fee notes, clerks’ commission, chambers rent and the irregular timing of brief fee income, so your accounts are built around how the Bar actually gets paid.
Testimonials - What our clients have to say about our service
Request A Call Back
Accountants for Barristers - Support from pupillage to silk
- We specialise in accounting and tax services for Barristers working on a self employed set up.
- All client relationships and advisory services are led by the firm’s Director
- All work is completed on time, and we are easy to reach when you need us.
Barrister Accountant - Fixed-fee pricing
Paid monthly, quarterly or annually
We typically work on a fixed-fee basis, with the flexibility to pay either as a one-off annual payment, monthly or quarterly.
Self employed - Monthly Fees
– Income up to £20,000: £25 + VAT per month
– Income: £20,001 to £50,000: £33 + VAT per month
– Income: £50,001 to £90,000: £35 + VAT per month
– Income: £90,001 to £150,000: £40 + VAT per month
– Income: £150,001 to £225,000: £50 + VAT per month
– Income: £225,001 to £300,000: From £60 + VAT per month
– Income: Over £300,001: From £65 + VAT per month
– Quarterly VAT return submission: From £50 + VAT per month
– Quarterly MTD income tax submission: From £30 + VAT per month
What’s included:
✓ Summary annual trading accounts
✓ Self assessment tax return
✓ Tax planning and advice
✓ Accountancy and tax query support
✓ Quarterly VAT return submission – optional if required
✓ Quarterly MTD income tax submission – optional if required
Get in touch to find out more / sign up
Call us: 0116 298 2425
E-mail us: enquiries@barristeraccountantuk.co.uk
Self employed - Annual Fees
– Income up to £20,000: £300 + VAT per annum
– Income: £20,001 to £50,000: £390 + VAT per annum
– Income: £50,001 to £90,000: £420 + VAT per annum
– Income: £90,001 to £150,000: £480 + VAT per annum
– Income: £150,001 to £225,000: £600 + VAT per annum
– Income: £225,001 to £300,000: £720 + VAT per annum
– Income: Over £300,001: From £780 + VAT per annum
– Quarterly VAT return submission: From £600 + VAT per annum
– Quarterly MTD income tax submission: From £360 + VAT per annum
What’s included:
✓ Summary annual trading accounts
✓ Self assessment tax return
✓ Tax planning and advice
✓ Accountancy and tax query support
✓ Quarterly VAT return submission – optional if required
✓ Quarterly MTD income tax submission – optional if required
Get in touch to find out more / sign up
Call us: 0116 298 2425
E-mail us: enquiries@barristeraccountantuk.co.uk
We offer comprehensive accounting and tax services to Barristers and Pupils.
We prepare a summary set of trading accounts in the correct statutory format each year, reconciled against your fee notes and chambers statements rather than a simple bank feed. This gives you a clear, accurate picture of your income after clerks’ commission and chambers rent, and forms the basis for your tax return and any mortgage or lending applications.
We calculate your Self Assessment liability, advise on planning opportunities and file your return with HMRC well ahead of the 31 January deadline. Where a limited company is involved, we also prepare and file the corresponding corporation tax return.
We provide you with an easy system to record your income and expenses so that you can keep an eye on your earnings and profits on a regular basis.
We advise on the right time to register for VAT as your practice grows, and on reclaiming VAT on chambers rent and contribution, robes, legal research, wig and gown costs, and CPD. We can manage the entire process of preparing and submitting your quarterly VAT returns to HMRC, so nothing is missed and deadlines are always met.
Making Tax Digital for Income Tax requires mandated self-employed individuals to submit quarterly digital updates to HMRC. We help you get your practice ready for digital record-keeping and handle the quarterly submissions on your behalf once you’re within scope, so the change in process doesn’t fall on you.
Where you employ staff, a practice manager, PA or clerk of your own, we process payroll on a monthly basis, with payslips emailed directly to your staff. We submit the required RTI reports to HMRC as we go and prepare year-end P60s.
We provide professional tax planning advice based on your individual and, where relevant, your company circumstances. Whether you’re a junior tenant building up a practice or a silk with a well-established one. Every recommendation is tailored specifically to you and how your chambers and fee income actually work, rather than a generic, one-size-fits-all approach.
For Barristers who want to manage their bookkeeping digitally between court and chambers, we provide advice on accounting software and cloud-based solutions. We help you choose a system that fits the pace of practice at the Bar and keeps your records organised and accessible from wherever you’re working.
If you are considering trading through a limited company, for example for Direct or Public Access work alongside your traditional practice, we can register the company on your behalf and make sure the process is handled correctly from the outset, including advice on whether the structure actually suits your circumstances at the Bar.
Latest Barrister accountant resources
While VAT can appear complex, breaking it down into simple concepts makes it much more manageable. This guide will help you grasp the essential aspects of VAT, giving you the clarity you need to navigate your tax obligations with confidence.
