Professional Practices publications
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Newsletters
This issue tries to simplify the rather complicated area of the implications of UITF40 on calculating profits and tax liabilities of professional practices. We provide guidance on how to deal with HMRC aspect enquiries. Plus an update on the Government response to Clementi and the Pre-Budget Report pensions u-turn.
We look at changes to trust rules and to SAR, as well as the practical implications of Application Note G. We also consider how teamwork can add value to your practice.
In this issue we look at the impact of the Clementi report on the legal profession. We flag an urgent decision that’s needed on SIPPs. Plus there’s information for smaller practices thinking about the Flat Rate VAT Scheme and for larger practices on incorporation and establishing a LLP.
Other Resources