Latest News

8th December 2021

Legal Sector Pulse Survey Results, November 2021

In common with other sectors, the legal profession has had an ‘interesting’ time in the past 18 months and there is likely to be a great deal of flux still to come. It is with this in mind that we have recognised that a quarterly legal sector ‘pulse’ survey would help law firms with their strategic planning.

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By David Taylor

18th November 2021

Dividend, National Insurance and Corporation Tax increases – time to act?

The introduction of increased rates of National Insurance Contributions, dividends and Corporation Tax over the next couple of years may give cause for owners and directors of businesses to consider their remuneration package and whether this is still appropriate.

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By Graham Poles

11th November 2021

Unincorporated businesses affected by tax reform should start to prepare

Businesses facing an increase in their tax bills next year can breathe a sigh of relief now that the Government has pushed back its plan to alter the basis period for one year.

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By Tom Blandford

11th November 2021

2022: Could it be a year of drama for the legal sector?

As we come to the end of 2021, which for many of us has felt like one long slog since the first lockdown of 2020, here I provide a quick state of the market review and look forward to what 2022 might bring.

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By Armstrong Watson

29th October 2021

Benefits of Electric Cars

Introducing electric cars into a business or organisation is no longer just about social responsibility. There are a number of benefits to driving an electric car, including some serious financial incentives such as electric car benefit in kind. There are also other considerations you need to make too. The main points to consider are listed below.

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By Armstrong Watson

2nd October 2021

Topical tax points for law firms

Read some topical tax points including whether you should claim Child Benefit as a high earner and whether an expenditure should be included in partnership expenses or claimed on personal tax returns?

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By Rosy Rourke

27th September 2021

Forthcoming increase in corporation tax rates - what are my options?

The Spring Budget of 2021 announced that the rate of Corporation Tax (CT) will increase from 19% to 25% with effect from 1 April 2023 for large companies. How does this affect law firms?

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By Richard Andrew

28th July 2021

What are the proposed tax changes for the self-employed, sole traders and partnerships?

Unincorporated businesses could see significant changes to the way they are taxed following the launch of a consultation by the Government – which could lead to some facing higher tax bills than expected.

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By James Marlow

28th July 2021

Scams are getting more sophisticated (and common) so beware…

Unfortunately, we are continuing to hear of more people falling victim to scams during the pandemic. These can take many different forms with some about pensions or other high-return investment opportunities. Scammers can be sophisticated, opportunistic, appear authentic, using Covid-19 as an opportunity to persuade people to disclose personal or financial information either online or verbally, and whilst they may be likely to target the vulnerable, anyone can be affected or taken in.

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