The SRA Board retained the requirement of law firms to commission an accountant’s report following the negative feedback obtained in the recent consultation on proposed changes to their reporting accounting requirements.
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Latest News & Events
UK faces tax burden 76% higher than major emerging economies
The UK has a tax burden of 38% of Gross Domestic Product (GDP), 76% higher than the average rate for the major emerging BRIC economies (21.8%), our research shows.
The UK government’s tax take is also 36 percent higher than the global average (28.2%) in the study and was ranked 7th in the study.
Value of daily shares trading in AIM listed companies rises by 64% in 2017
Companies listed on the UK’s junior market have seen the liquidity of their shares rise by 64% over the last twelve months*, as the Alternative Investment Market (AIM) benefits from strong equity growth across the globe.
Scotland lags 80% behind rest of the UK for new business creation
Scotland is lagging behind the rest of the UK in terms of the number of new businesses created, and is home to all five of worst performing areas out of the 362 UK areas studied on this criterion, our research shows.
VAT questions our legal and professional clients ask us
There are a number of common questions our legal and professional clients ask us regarding VAT and, in this fact sheet, we have provided the answers to some of these questions.
Amateur Guidance for Amateur Sports Clubs
14 May 2015
Following publication of our blog ‘community amateur sports clubbed’ we contacted our local MP and asked that he pass on our disquiet about the absence of any written promise of a waiver from deregistration charges to HMRC.
Our round up of the latest tax changes affecting solicitors
17 April 2015
Our summary of the the items in the recent Finance Bill, which appear to have more significance for solicitors with regards to both your professional and personal life.