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  • Who we help

    Our range of services are tailored to suit each business type

    If you're just starting out with a new business venture or if you already have an established business, we can help.

    Our accountants are very experienced in helping new businesses grow and also using their accounting expertise to help established organisations. We also have a history of working with contractors and freelancers, helping them through the year with business accounting and advice. Review some of our case studies here

    No matter the size of your business; an individual sole trader or a limited company with employees, we have an accounting service just for you.

  • What we help with

    For all your tax and accounting affairs, we have it covered.

    Let our accountants take care of your business accounting, giving you more time to concentrate on growing and running your business.

    We provide all of the services necessary to handle the accounting and taxation requirements for your business. Our accounting services include: Bookkeeping, Payroll, Tax Returns, VAT and Accounts Production. All the services you will ever need under one roof.

    We also provide unlimited business accounting support throughout the year, you will always have access to your dedicated accountant whenever you need it.

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Are legal costs tax deductible?

Starting a business may incur a number of legal costs, like drawing up a lease, agents or surveyor fees. There are a number of legal costs associated with owning a business which may include fees incurred during the acquisition of property or assets, or business advice from an accountant. Some legal fees are deductible from profits, while others will be treated as capital allowances.

Most expenses which are incurred are deductible as long as they are ‘wholly and exclusively’ for the business. If an expense is used for both business and private use, like a telephone bill, the bill must be apportioned so that only the business use is claimed for.

The legal costs involved with the buying of property or equipment are included in the asset’s purchase price and therefore, treated as capital allowances. The capital allowance rules will apply with allowances being reclaimed over the lifetime of the asset. The legal costs for any disputes with HMRC are not deductible, and this includes fines or penalties received. If a legal fee directly relates to the operation of a business, and is ordinary and necessary, it may be deducted as a business expense.

The fees which are incurred for the preparation and submission of company accounts are deductible as they are necessary for the business. The legal fees which are incurred when drawing up a new lease are not deductible as they refer to the capital of a business. Legal fees are a complex issue which is why professional advice should be sought.

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