Practice-ready accounting
Trusted by London law firms
What Our Legal Accounting Service Includes
Legal practices carry compliance obligations most businesses don’t client money handling under the SRA Accounts Rules sits alongside the usual bookkeeping, VAT and payroll requirements. As specialist law firm accountants in London, we work within that framework as standard, not as an add-on, providing accounting support tailored to the needs of solicitors and legal practices.
SRA-Compliant Bookkeeping
Client and office account transactions recorded and reconciled correctly.
Three-Way Reconciliations
Client bank reconciliation prepared to the frequency the SRA Accounts Rules require.
Practice Management Accounts
Clear reporting on fee income, work in progress and overheads.
VAT & Partner Tax
VAT partial exemption reviewed, and partner drawings and tax reserves managed.
Payroll & Compliance
PAYE for staff, and annual accounts and Corporation Tax or partnership returns filed on time.
SRA ACCOUNTS RULES
SRA Accounts Rules Compliance & Client Account Management
Client money must be kept entirely separate from the firm’s own funds under the SRA Accounts Rules 2019, with a three-way reconciliation comparing the bank statement, cash book and client matter listing signed off by the Compliance Officer for Finance and Administration (COFA) or a manager at least once every five weeks.
As specialist law firm accountants in London, we prepare and review these reconciliations and help firms clear residual balances promptly once a matter concludes. Rule 2.5 requires client money to be returned as soon as there is no longer a proper reason to hold it an area that frequently features in SRA accountants’ reports.
Client Account Compliance
Practice Financial Reporting
PRACTICE BOOKKEEPING
Practice Bookkeeping & Management Accounts
Beyond client account compliance, our law firm accountants in London keep the firm’s own office account bookkeeping current and produce management accounts that show fee income by department, work in progress, and overhead trends giving partners a clear view of how the practice is actually performing, not simply whether the year-end accounts balance.
Learn more about our Annual Filing services.
VAT, PAYROLL & PARTNER TAX
VAT, Payroll & Partner Tax for Law Firms
Legal services are generally standard-rated for VAT, but disbursements and certain cross-border advice can complicate the position, so we review partial exemption where it applies. For partnerships and LLPs, we manage partner drawings, tax reserve planning and the profit allocation that feeds each partner’s Self Assessment, alongside payroll for employed staff and Corporation Tax for incorporated practices.
Partner Tax & VAT
Why Choose Ezeebooks as Your Law Firm Accountant
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Quote Turnaround
How We Work With Legal Practices
1
Get In Touch
Free consultation to review your practice structure, client account set-up and current compliance position.
2
Set-Up
Bookkeeping and reconciliation processes aligned to the SRA Accounts Rules.
3
Ongoing Support
Reconciliations, management accounts and filings delivered on a fixed monthly cycle.
Law Firm Accounting — Frequently Asked Questions
Yes. We prepare bookkeeping and reconciliations in line with the SRA Accounts Rules 2019, including keeping client and office account money separate.
The SRA Accounts Rules require a three-way client bank reconciliation to be prepared and signed off by the COFA or a manager at least once every five weeks.
Under Rule 2.5 of the SRA Accounts Rules, client money must be returned promptly once there’s no longer a proper reason to hold it. We help firms identify and clear these balances before they become a reporting issue.
Yes. Most legal services are standard-rated, though we review partial exemption where disbursements or specific advice types apply.
Yes. We manage partner drawings, profit allocation and tax reserve planning to keep each partner’s personal tax position on track.
Yes. All engagements are covered by confidentiality agreements and NDAs, alongside secure cloud-based systems and encrypted storage.
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