MHA Chiks is a specialist accountant for barristers and we offer a wide range of comprehensive accounting solutions for the sector.
Our dedicated Professional Practices team work closely with barristers to ensure that all accounting and taxation functions are considered and applied correctly. We understand our barrister clients have busy schedules and offer a range of services to ensure they are confident all allowable expenses will be claimed for.
Making Tax Digital (MTD) goes live from 1 April 2019 and this will be a significant change to how you approach your accounting requirements. MHA Chiks have developed a bespoke service for their Barrister clients known as “Bar+” which uses a cloud based account package, Quickbooks Online. This software will ensure that you are compliant with Making Tax Digital.
Bar+ is a new style of accounting for forward thinking Barristers. It blends trusted business advice with the very best in cloud-based accounting software, QuickBooks Online. Some of its core features being:
- Ability to capture receipts on the go so you never forget to claim an expense
- Manage your VAT
- Access to apps to enable you to personalise your reports
- Review profitability quarterly
The software is also Making Tax Digital compliant, which will be enforced in the near future for all businesses, including practicing Barristers. This new government legislation will require Barristers to interact with HMRC regularly and digitally so that they can collect and process information affecting tax as close to real time as possible.
As we are specialists in this sector with a dedicated team with over 50 years of combined experience, we also recognise the time pressures Barristers face and the importance of your tax compliance. We have a prominent presence across the North West region but with our move to cloud accounting, we now provide our clients with excellent service online to meet with the demands of modern business.
We therefore aim to make the accounting aspect of your lives as seamless as possible and with this in mind, we have developed various different Bar+ packages from simple pupillage requirements to an all-encompassing service. Please click here to download our Bar+ brochure.
We also have our in-house specialist financial planners who can offer you tailored advise on pensions and savings.
Quickbooks Online software is cloud based which means you can access your financial information from wherever you have internet access. The software works on PC’s, laptops, tablets, iPhones, android phones, iPads and even the Apple Watch.
Quickbooks Online can save hours of bookkeeping for even the smallest of businesses, which is one of the reasons why we have developed MHA Chiks Bar+.