Professional services

Accountancy and advice for specialist consultants, contractors and freelancers

Medical, legal, engineering and IT professionals

See how we can help you and your business

Birmingham has a thriving professional sector and is home to thousands of specialists who run their own practices or supply expertise and experience to others on a freelance basis. Though they work across many sectors, from manufacturing to software design, they often face the same challenges when it comes to managing their accounts. From bookkeeping to tax returns, it’s all about time.

Let’s face it – would you rather spend an hour struggling with your own paperwork, or be working on a lucrative client project? Applying professional skill requires headspace and focus. Every bit of financial housekeeping you’re obliged to do yourself is a distraction.

From hands-on support with bookkeeping, payroll, accounting and tax returns to advice on business structures, growth strategy and long-term planning, we can help.

For professional practices and agencies, we offer everything from a fully-outsourced finance function to targeted project accounting. It’s about increasing your firm’s capacity, improving its efficiency and productivity, and, of course, minimising its tax liability. Are you claiming all the tax reliefs to which you might be entitled, such as research and development (R&D) credits? Are you using cloud software as effectively as possible?

Partnership and sole practitioners, meanwhile, will benefit from an approach which takes into account the blurred lines between professional and personal. If you need advice on exit strategies and retirement planning, or just want your personal income tax self-assessment done and dusted, get in touch. We can also advise on the shifting landscape of IR35.

Accounting and business advice for professionals

  • Bookkeeping, payroll and accounts
  • Tax returns – corporate and personal
  • Planning, forecasting and strategy
  • Advice on IR35
  • Exit and retirement planning
See how we can help you and your business

What our clients say

Discover more about how we’ve helped Midlands-based businesses like yours achieve their goals and overcome obstacles in their path with our collection of testimonials. We hope you’ll see yourself reflected in these stories. You’ll also get a sense of the work we do quietly, in the background, to reduce the burden and lift up those who’ve chosen Thames Williams as their accountancy and business advice partner.
Running a small family business during the pandemic can be tough to say the least. Kunal at Thames Williams has really supported us through this turbulent time, giving us the right advice, the right resources, at the right time and the right price. Not only keeping our heads above water, but to grow gradually.

Every great business starts with great support. I recommend Thames Williams.
David Kam
Coffee Tales