At Stephenson Smart we have been providing accountancy for professional services for over 100 years. Supporting our clients in East Anglia with an expert, knowledgeable and professional approach.

Businesses in the professional services sector that we support include medical practices, legal practices, estate agents, architects, and consultants. As a professional services firm ourselves, we fully understand the challenges and considerations of our sector. Our experience and knowledge, alongside our professionalism and qualifications, mean we are ideally placed to support you and your business, with advisors in Norfolk and Cambridgeshire.

Whether you are a partnership, limited liability partnership (LLP), or limited company we have the expertise and experience to ensure a personal and professional service.

The benefits of using an accountant:

  • Saving you time to focus on running your business.
  • Specialist knowledge to ensure accurate reporting.
  • Expert advice on tax planning and compliance.
  • Support with governance and remuneration planning.
Professional Services

The accountancy service we provide is:

PROFESSIONAL

Our teams are fully qualified and experienced in your sector, to provide you with an efficient and personal service.

COMPLIANT

As chartered accountants we are aware of your filing requirements to both HMRC and Companies House and are qualified to ensure they are fulfilled.

SUPPORTIVE

The advice and support we can offer you and your business can help you have the confidence to make key decisions.

As part of our accountancy service, we can provide:

  • Full accountancy service, including end of year financial statements.
  • Accurate and timely bookkeeping.
  • Accurate and timely payroll.
  • VAT advice and support.
  • An understanding of the tax allowances and tax efficiencies available to your sector.

We are members of the Institute of Chartered Accountants, making us fully qualified to be your trusted business accountant.

We can look after some of the administrative tasks that have to be done, such as payroll and bookkeeping, leaving you time to focus on developing and managing your business. We can also provide professional and informed advice tailored to professional services businesses.

FAQS

We can support you with a full accountancy service, including end of year financial statements, bookkeeping, payroll, VAT advice and support, tax planning and advice on digital accounting platforms as well as advice on structure and tax planning.
There are many accounting software packages available that are HMRC compliant and reliable, such as Sage, Xero, and QuickBooks. We can advise and offer training for these software packages, the one we recommend would depend on what would best suit you and your business.

Latest Insights

  • Spring Budget 2024: What it means for you and your business

    30th April 2024

    Spring Budget 2024: What it means for you and your business

    The headline from the Spring Budget, presented to parliament by the Chancellor on 6 March 2024, was, once again, the cut to National Insurance rates.  However, there were many other announcements made that may have an impact on you and ...

  • Advisory fuel rates company car by Chris Goad, Partner, Stephenson Smart

    6th December 2023

    Advisory fuel rates for company cars

    Advisory fuel rates company car - an overview by Partner, Chris Goad: New company car advisory fuel rates have been published and took effect from 1 December 2023. The guidance states: ‘you can use the previous rates for up to one month ...

  • Autumn Statement 2023: Henry Pettitt

    23rd November 2023

    Autumn Statement 2023: what does it mean for you?

    The headline from the Autumn Statement 2023, presented to parliament by the Chancellor on 22 November, was the cut to National Insurance rates.  However, there were many other announcements made that may have an impact on you and your business. ...

  • Spring Budget 2024: What it means for you and your business

    30th April 2024

    Spring Budget 2024: What it means for you and your business

    The headline from the Spring Budget, presented to parliament by the Chancellor on 6 March 2024, was, once again, the cut to National Insurance rates.  However, there were many other announcements made that may have an impact on you and ...

  • Advisory fuel rates company car by Chris Goad, Partner, Stephenson Smart

    6th December 2023

    Advisory fuel rates for company cars

    Advisory fuel rates company car - an overview by Partner, Chris Goad: New company car advisory fuel rates have been published and took effect from 1 December 2023. The guidance states: ‘you can use the previous rates for up to one month ...