Rated 5.0 on Google Fixed fees agreed in writing Xero and QuickBooks certified ACCA qualified, AAT licensed Luton office, clients across the UK

Accountants for solicitors: a first quarter plan for pay and tax

Accountants for solicitors help practice companies and consultants plan salary, dividends, personal tax and corporation tax before year end.

The question is whether anyone has checked how you pay yourself since incorporation. Fiscal Umbrella reviews the whole position, then handles accounts, payroll and deadlines around that decision.

Limited company practicePay structure never reviewed

Fiscal Umbrella is a Luton accountancy and tax practice for solicitors operating through growing limited companies. Fasih Khan, ACCA qualified, handles accounts, corporation tax, payroll and director tax planning for one fixed fee agreed in writing.

5.0
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I was stuck with my R&D claim, but Fiscal Umbrella helped me navigate it smoothly. They're professional, efficient, and truly know their stuff.… Cartel Media
  • Fasih Khan ACCA
  • Fixed fees in writing
  • Luton office
  • UK-wide remote

What changes once your pay is reviewed

01

Choose salary and dividends before year end

Base each withdrawal on the company and personal tax position instead of last year’s routine.

02

Check whether payroll is missing an allowance

Review who is employed and whether the current payroll keeps employment allowance out of reach.

03

Make hires with tax already allowed for

See the likely corporation and personal tax position before committing company cash.

Which pay decisions are still waiting for advice?

Small decisions around dividends, payroll and hiring can change how much cash remains available.

  • Dividends

    “I took the usual dividend, then found the personal tax was higher than I had set aside.”

    The withdrawal was decided before anyone checked the year-end position. That can leave personal tax competing with practice costs.

  • Hire

    “I kept myself as the only person on payroll because nobody discussed employing my spouse.”

    That can leave employment allowance out of reach and keep an old salary and dividend mix in place.

  • Tax bill

    “The corporation tax amount arrived after I had already committed the cash to a new solicitor.”

    The hire then competes with a bill that should have been discussed earlier.

  • Day 90

    What changes once the advice is in the room?

    The dividend is planned before year end. Payroll matches the agreed salary. Corporation tax and personal tax are discussed before cash leaves the company.

Quick check · no email

If your accountant can’t explain your VAT treatment, forecast your tax bill before it lands, and reply this week, you have the wrong accountant

Answer these questions based on what your current accountant already covers.

Question 1 of 3

Could they tell you this week whether your current VAT treatment is right?

What changes beyond the year-end filing?

A filing service can meet deadlines while leaving pay decisions untouched.

A year-end filing service

Accounts and returns are prepared after the year closes.

Payroll follows the setup already in place.

The tax bill appears when the work is finished.

Questions outside the filing scope may wait.

Advice throughout the year

Salary and dividends are reviewed before year end.

Employment allowance is checked against payroll.

Tax is discussed before cash is committed.

Fasih considers each question in the context of your company.

Has your practice company covered these decisions?

Each yes should point to a real conversation or completed check.

  • 01

    Is your salary reviewed before each year end?

    Yes means payroll follows a current decision.

  • 02

    Is your salary and dividend mix reviewed together?

    Yes means personal and company tax are considered at the same time.

  • 03

    Has anyone checked employment allowance against your payroll?

    Yes means the single director issue has been considered.

  • 04

    Is corporation tax discussed before the payment date?

    Yes means cash can be reserved before other commitments.

  • 05

    Is the director’s personal tax included in the plan?

    Yes means dividends are considered alongside the eventual bill.

  • 06

    Are payroll and auto-enrolment deadlines handled?

    Yes means employees are paid through a maintained process.

  • 07

    Does your accountant deal with HMRC correspondence?

    Yes means letters reach the person handling the return.

  • 08

    Is every included service written into the proposal?

    Yes means the scope and fixed fee are agreed before work starts.

What we handle around your practice income

The accounts and payroll support the decisions made during the year.

Accounts

Year end handled around decisions

Accounts, corporation tax and director Self Assessment are prepared with the pay review in view.

Pay

Salary and dividends reviewed in time

How you take money from the company is checked before year end.

Payroll

Payroll reflects the people you employ

Payroll, auto-enrolment and employment allowance are handled around the actual team.

All Who we work with →

Entry 01

What a payroll check can uncover

The person on payroll can affect both employment allowance and the wider pay plan.

Figure£10,500most single-director companies miss
Found byA payroll check of who was employed and how the director was paid.
ResultAdding a family member to payroll put the allowance back in reach and prompted a salary and dividend review.
AlsoThe same check can expose a salary and dividend mix that has remained unchanged since incorporation.
Found by
Result

What clients say

I was stuck with my R&D claim, but Fiscal Umbrella helped me navigate it smoothly. They're professional, efficient, and truly know their stuff. Highly recommended
Cartel Media · Google review · a year ago
Excellent service! The team is professional, responsive, and always helpful. My payments are always on time, and they make everything easy to understand. Highly recommend Fiscal Umbrella Accountants!
faisal jalal · Google review · a year ago
The team at Fiscal Umbrella has been amazing—professional, efficient, and always supportive. I trust them completely with my finances. Highly recommend!
Muskan Mattu · Google review · a year ago

How the first quarter puts pay right

Each stage answers a decision before the new routine settles in.

Before day one

The missed decisions are identified

Answer a few quick questions, receive a personalised recommendation and, if there is a fit, arrange the free review.

Day 30

Your company files start moving

Fiscal Umbrella contacts your current accountant and checks accounts, payroll, HMRC access and upcoming deadlines.

Day 60

Your pay plan is agreed

Salary, dividends, employment allowance and personal tax are reviewed against how the practice company operates.

Day 90

Tax decisions happen before deadlines

Payroll follows the agreed plan, filings are scheduled and tax is discussed before company cash is committed.

Who this process fits, and where it stops

Sole traders, partnerships and LLPs fall outside this service.

Companies that need to defer fees until trading improves aren’t a fit.

Directors must provide information and use recommended bookkeeping or payroll software.

Firms choosing an accountant solely on price won’t suit this way of working.

If those points are covered, the free set-up review checks the rest before any switch.

What solicitors ask before changing accountant

What does the monthly fee for accountants for solicitors include?

Your monthly fee can cover year-end accounts, corporation tax, payroll, bookkeeping, VAT and the director’s Self Assessment. The exact scope depends on your practice company. Fiscal Umbrella reviews how you pay yourself, then sets out every included service in a fixed fee proposal before work starts.

Can we speak to Fiscal Umbrella if we already have an accountant?

You can use the free pay and tax review before deciding whether to change. Fasih checks your salary, dividends, employment allowance and year-end position. If there is a fit, you receive a fixed fee proposal in writing. Nothing moves until you accept it.

Do we have to change our accounting software?

Fiscal Umbrella supports Xero and QuickBooks, with Hubdoc or Dext where suitable. A change is only suggested when your current setup cannot support accurate bookkeeping, payroll or filings. The reason is explained first, and setup and training can be included in the written scope.

What happens with our current accountant when we switch?

Fiscal Umbrella contacts your current accountant, requests the company files and handles professional clearance. Payroll, accounts and filing dates are checked during the handover so work continues. Your old accountant may need authority from you before releasing information, and Fasih will tell you what is needed.

Can a solicitor’s company claim employment allowance?

A company with only its director on payroll cannot claim the £10,500 employment allowance. Adding a family member to payroll can put it back in reach. Eligibility depends on the payroll setup and the work being done, so the position should be checked before anyone is added.

Do accountants for solicitors need to be near our office?

Fiscal Umbrella is based in Luton and works remotely by default using Zoom, Teams, phone and WhatsApp. Face-to-face meetings are available by appointment in Luton. The service suits directors who are comfortable working online and providing company information when requested.