Nestor Accountancy Services Limited offers the services of professional advisers dedicated to dealing with the accountancy needs of those who have received personal injury damages. Our aim is to provide peace of mind to personal injury damages recipients and their professional advisers regarding ongoing obligations to HMRC and other institutions. Our core services are as follows:

Whether a professional or lay person, deputy, trustee or individual, tax matters can be daunting and time consuming, especially if it is not familiar territory. Nestor Accountancy Services will work closely with professional financial advisers to ensure tax bills are minimised, tax returns are completed accurately and submitted on time.

Office of the Public Guardian Annual Returns

When a claimant is unable to look after their own finances by reason of mental incapacity, a Deputy (formerly known as Receiver) is appointed. The Deputy is supervised by the Court of Protection, and in most cases is required to submit an account to the Court each year. A report from a property and affairs Deputy includes a record of money received and payments made on behalf of the individual lacking mental capacity. Nestor Accountancy Services works closely with both professional and lay Deputies to ensure accurate and timely submission of Deputyship accounts.

Trust Accounts

Some personal injury trusts require accounts to be kept by Trustees. Nestor Accountancy Services offers impartial advice to trustees on the requirement for accounts. In cases where accounts are required, we will ensure accurate records are maintained.

Family Care Payments

Many families opt to continue to care for their disabled relative post-settlement. Often, the family member(s) providing the care will receive care payments from the damages. Nestor Accountancy Services has the expertise to liaise with HMRC to ensure the care payments are paid free from tax and National Insurance, leading to significant tax savings.

To download our Menu of Services brochure incorporating our charges, please click here.