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Smaller law firms “face battle to keep junior partners” as HMRC deadline looms
Thursday, 3 July 2014Smaller 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
HMRC to press ahead with LLP tax changes on 6 April but offers some concessions
Monday, 24 February 2014Controversial 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
Solicitors warned over “harsh” impact of impending LLP tax changes
Monday, 27 January 2014The effects of the planned changes to the taxation of LLPs will be “far harsher than originally expected” and could put a significant strain on finances come April, solicitors have been warned.
Tags: LLPs, partnership tax reform
Posted in Finance, Latest news
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Keeping the conversation going beyond Pride Month
As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.
Third-party managed accounts: Your key questions answered
The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.
Understanding vicarious trauma in the legal workplace
Vicarious trauma can happen to anyone who works with clients who have experienced trauma such as domestic or other violence, child abuse, sexual assault, torture or being a refugee.
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