- Thursday, 3 July 2014
Smaller law firms are struggling to retain their junior partners in advance of tough new capital requirements set out by HM Revenue & Customs in its crackdown on fixed-share partners avoiding PAYE tax, an executive search firm has claimed.
Tags: HMRC, limited liability partnership, LLP, partnership tax reform, tax
Posted in Finance, hrtraining, Latest news
- Monday, 24 February 2014
Controversial changes to the taxation of LLPs will go ahead on 6 April, HM Revenue & Customs announced late last week, but has made some small concessions in response to the concerns of lawyers and others – including giving more time to contribute capital.
Tags: LLPs, partnership tax reform
Posted in Finance, Latest news
If 2020 taught us anything, it is that lawyers will not disappear any time soon. Still, paper will gradually disappear in favour of digital tools, investment in technology and better ways of working.
Over the Christmas break while relaxing, I decided it would be a perfect time to catch up on a few stories from the legal sector to see how the profession was coping.