Professional Firms

As an expert in your field, you’re meticulous, astute and proactive. And you need your adviser to be the same, which is why so many professional firms choose to work with us. Whether you’re a sole practitioner, medium or large sized firm, or an international group, we’ve got your professional needs covered.

We have at our fingertips the key business developments that directly affect you and your firm because we deal with them every day. Structuring, incorporating, accounting, finance, tax planning, HR, compliance…it’s all in a day’s work for us.

Our services to professional firms include:

  • Audit, accounting and tax compliance including outsourcing services
  • Succession planning and key employee remuneration
  • Performance improvement and benchmarking
  • Structuring including LLP status and incorporation together with tax planning
  • Strategic and business advisory
  • Personal tax planning and wealth management
  • Business valuations

Explore our services

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Architects

The UK architecture sector is a global success story.  Architecture directly contributes £5 billion to the UK economy, including nearly £500 million of revenue from international work.

The last few years have been strong for many practices after an extended downturn following the global financial crisis. However, the architectural sector remains vulnerable to wider market fluctuations and the uncertainty surrounding Brexit continues to leave practice heads contemplating the future.

Clearly, the quality of design and meeting the client’s brief will sit at the core of a successful practice whatever the wider business environment. But that success is also dependent on many other factors – the quality of your staff, client service, financial stability, clear leadership and strategy, agility and flexibility. So making the right commercial and technological decisions in changing circumstances is vital.

Effective practices know the mechanics of their business and understand the importance of having a clear strategy for the future. This is where we can help. We spend time getting to know your business and your goals, and then we work closely with you to help you achieve them. We do the hard work to free you up to focus on what you do best.

Our regular ‘Professional Firms Insight’ publication highlights the key business, accounting, personal finance, tax, HR and compliance developments that directly affect professional firms. The team also regularly contribute to relevant sector publications such as Building Design. We are actively engaged in the sector, regularly running events for our clients and contacts to meet each other as well as those in the wider property sector. Nurturing a strong network can generate valuable opportunities and is worth investing in.

What we can offer you

Our specialist Professional Firms team offers a comprehensive range of services, tailored to each client’s requirements. The specialist team are highly experienced in the issues that many practices face and will be ideally placed to provide the services that align to the goals for your practice. These include:

  • Audit, accounting and tax compliance
  • Performance improvement and benchmarking
  • Team structuring and remuneration
  • Assessing and improving employee engagement
  • Succession planning
  • Taxation planning and investigations
  • LLP/Company status
  • Mergers and acquisitions
  • Capital structure
  • Partner reward
  • R&D tax credits
  • Personal tax planning and wealth management
  • Key strategic advice including business development workshops
  • Management information review.

Law Firms

With lawyers facing an array of challenges in the current business environment it is particularly important that you have advisers who not only understand the issues you face but also have in-depth experience of working in the legal sector. As one of the leading firms specialising in advising law firms, we are ideally placed to help you deal with those issues. Our clients range from sole traders and medium sized LLPs and partnerships right up to a magic circle firm. Through our in-house publication ‘Professional Firms Insight’ we regularly highlight the key business, accounting, personal finance, tax, HR and compliance developments that directly affect professional firms.

What we can offer you
Our specialist Professional Firms team offer a comprehensive range of services, each tailored to your requirements. These include:

Property Agents

Our recent Property Poll shows a marked decrease in confidence in the outlook for the sector over the next 12 months among property professionals. It isn’t difficult to pinpoint a few macroeconomic factors which might be influencing this: the failure of the ‘Strong and Stable’ Tory election gamble, continuing uncertainty around Brexit and the potential for rising interest rates, to name but a few. In terms of our own direct experience, some of our commercial property clients are reporting a hardening of lease terms in favour of tenants, but there is still a large appetite from investors with cash to spend. Equally, those in the residential development sector are looking at potentially retaining stock for private rental, perhaps reflecting the softening in residential property prices.

What we can offer you

Our specialist Professional Firms team can offer you a comprehensive range of services, each tailored to your requirements. These include:

  • Business funding
  • Team structuring and remuneration
  • Succession planning and restructuring
  • RICS client money regulations
  • Audit, accounting and tax compliance
  • Corporate taxation planning and investigations
  • Personal tax planning and wealth management
  • Client account audits for RICS, ARMA, NAEA, and ARLA rules

Property & Construction Professionals

Our recent Property Poll shows a marked decrease in confidence in the outlook for the sector over the next 12 months among property professionals. It isn’t difficult to pinpoint a few macroeconomic factors which might be influencing this: the failure of the ‘Strong and Stable’ Tory election gamble, continuing uncertainty around Brexit and the potential for rising interest rates, to name but a few. In terms of our own direct experience, some of our commercial property clients are reporting a hardening of lease terms in favour of tenants, but there is still a large appetite from investors with cash to spend. Equally, those in the residential development sector are looking at potentially retaining stock for private rental, perhaps reflecting the softening in residential property prices.

It therefore remains important to have advisers who not only understand the issues that property and construction professionals face but also have in-depth experience of working in the sector. As one of the leading firms specialising in advising property and construction professionals, we are ideally placed to help you deal with those challenges. In fact, through our in-house publication ‘Professional Firms Insight’ we regularly highlight the key business, accounting, personal finance, tax, HR and compliance developments that directly affect professional firms.

What Moore Kingston Smith can offer you

Our specialist Professional Firms team offer a comprehensive range of services, each tailored to your requirements. These include:

  • Audit, accounting and tax compliance
  • Performance improvement and benchmarking
  • Team structuring and remuneration
  • Assessing and improving employee engagement
  • Succession planning
  • Taxation planning and investigations
  • LLP/Company status
  • Mergers and acquisitions
  • Capital structure
  • Partner reward
  • R&D tax credits
  • Personal tax planning and wealth management
  • Key strategic advice including business development workshops
  • Management information review.

Recruitment Consultants

The recruitment sector has faced significant challenges since the start of the recession in 2008, including the initial contraction of the jobs market and increased regulation across a wide range of sectors. The recruitment sector itself has proved resilient and according to latest industry figures 2014/15 has now seen total revenue significantly surpass the pre-recession industry peak.

The impact of Brexit is yet to be fully quantified, however the recruitment industry will clearly have a key role to play as the UK renegotiates its position in the world. Whilst there will no doubt be challenges associated with this period of uncertainty, it is our view that a positive and proactive approach will present businesses with an opportunity to stay ahead of regulatory changes and react quickly to changes in market conditions.

Through our in-house publication ‘Professional Firms Insight’ we regularly highlight the key business, accounting, personal finance, tax, HR and compliance developments that directly affect professional firms. With the right advice, you will be in a better position to take advantage of the opportunities that are now being presented.

Our specialist Recruitment Sector team can offer you a comprehensive range of services, each tailored to your requirements. These include:

  • Business funding
  • Team structuring and remuneration
  • Succession planning and restructuring
  • Audit, accounting and tax compliance
  • Corporate taxation planning and investigations
  • Personal tax planning and wealth management

Lead Contact

John Staniforth

Partner
+44 (0)20 7566 3644
Email: John Staniforth

Meet our team
Contact us

“Moore Kingston Smith provides an excellent service. Their knowledge and expertise of the sector means that we are always kept abreast of changes in the marketplace along with UK regulations. They are not simply accountants, they are business advisers and this was apparent from the beginning when they were instructed to help us set up our first international office.”


Deborah Matthews
Sullivan and Worcester LLP