It is no longer uncommon to see solicitors operating as either a limited company or an LLP, but choosing the right vehicle for a practice is not a straight forward matter; there are a range of important factors to consider to ensure you get it right.
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Latest News & Events
681,000 UK taxpayers forced to reschedule payments with HMRC
681,000 UK individuals and businesses are so far behind on their tax bills that they have been forced to reschedule their payments with HMRC, our research shows.
Restaurant insolvencies jump 25% in the last year alone
The number of restaurant businesses going insolvent has jumped 25% in the last year to 1,410* in 2018/19, up from 1,130 2017/18, our research shows.
Self-employed individuals owed £1.6 billion in late tax payments to HMRC last year – figure expected to rise even further
Self-employed individuals owed £1.6bn in late tax payments to HMRC last year*, with the figure expected to rise even further once more self-assessment returns for 2017/18 have been submitted.
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.