Loss of Earnings Reports - Call 0113 387 5670 or Click Here
We offer forensic accounting expertise on an Expert or Agency basis to assess the Claimant's loss of earnings. Our experience can add real value in complex scenarios relating to all elements of loss for employed and self employed claims. Our approach is robust and thorough, acting on both a Single or Joint basis if required.
There can often be a myriad of different factors and scenarios to consider when assessing a Claimant's financial losses.
Self Employed Loss of Earnings Claims
Quantifying self employed Claimant losses is complex and our team fully understand the different nuances of such cases, for example, if the Claimant operates as a sole trader, limited company or partnership.
We assist in a wide range of scenarios, which often interlink, such as:
- Where pre and post accident / negligence trading patterns vary.
- If the case involves a new start / growing business or there is limited trading history.
- Where there has been a change in the nature of the business post accident / negligence, for example, the business has incurred additional working costs.
- Complex corporate structures, for example, holding and trading companies.
- Loss of Profit.
- Loss of Opportunity / Loss of Chance scenarios.
We are happy to assist in the process of gathering all relevant information to substantiate the loss to the Claimant and their business, including accounting and sales records, details of lost contracts and expenses incurred, profit and loss accounts, tax returns and any collaboratory witness evidence.
Our team is happy to liaise directly with Claimants and deals with cases involving business owners, limited company directors, those in partnerships, trade / skilled workers and consultants.
Employed Loss of Earnings Claims
In cases involving employed Claimants we assist when earnings are more difficult to interpret, such as:
- High earning individuals.
- Public sector workers and those with Defined Benefit pension schemes.
- Claimants with variable earnings, for example, involving commissions, bonuses and overtime.
- Scenarios involving taxable benefits, such as company cars, private health insurance etc.
- Lengthy period of absence.
- Impacts on career progression.
- Ill health retirement.
We have considerable experience of assisting in employed cases particularly employees in NHS, Police / Fire service, Armed Forces, Local Authority and Education.
One key element in assessing cases for employed Claimants is in relation to pension loss which, since the introduction of Auto Enrollment, has become more complex. Click here for information on how we can assist you in Loss of Pension cases.