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Tax savings “outweigh complexity” of moving from partnership to limited company
Thursday, 21 October 2010Solicitors’ firms put off becoming limited companies by the complexity of conversion from partnerships are missing out on “very substantial” tax savings, according to one former firm that incorporated successfully three years ago.
Tags: LLP, partnerships, tax
Posted in Finance, News, Solicitors
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The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.

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