Legal News

Legal tech start-up raises millions in first funding round

Posted in Legal | Posted on 24 Sep, 2018

A legal tech start-up has raised £7.5 million in a Series A funding round, reports reveal. Apperio, a UK-based tech firm which aims to help companies change the way they spend their legal budget, received…

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Law Society publishes growth warning should the UK “crash out” of EU

Posted in Legal | Posted on 24 Sep, 2018

Legal businesses should prepare to take a hit in their growth should the UK “crash out” of the EU, the Law Society has warned. In a new report, the regulator said almost £3 billion could be “stripped”…

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Law firms in breach of Accounts Rules by failing to carry out proper due diligence

Posted in Legal | Posted on 24 Sep, 2018

A legal regulator has warned law firms about a new wave of fraud costing the sector millions of pounds each year. The Solicitors Regulation Authority (SRA), which published the report, urged solicitors…

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What happens if my clients don’t have management accounts?

Posted in Legal | Posted on 24 Sep, 2018

Management accounts are vital for providing a business’ owners with a detailed breakdown of exactly how their organisation is performing. This enables them to set targets, foresee problems and shape…

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New regulatory changes unveiled by the SRA

Posted in Legal | Posted on 28 Aug, 2018

The Solicitors Regulation Authority (SRA) has published details of a raft of new regulatory changes which aim to make legal services “more accessible to the public”. Among the changes being introduced,…

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What happens if I have a client with a capital gain?

Posted in Legal | Posted on 28 Aug, 2018

Self-employed business owners and individuals who choose to dispose of anything that might be considered an ‘appreciating asset’ – such as commercial premises or a buy-to-let property – need to…

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Small businesses say the Government should simplify business rates

Posted in Legal | Posted on 3 Aug, 2018

A survey has revealed strong support from the UK’s small business community for measures to simplify business rates. A total of 71 per cent of small businesses questioned said business rates should be…

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Employers face hefty legal penalties for pension and wage errors

Posted in Legal | Posted on 3 Aug, 2018

The Pensions Regulator (TPR) has announced that employers could have their businesses’ assets seized to pay their debts if they fail to pay workplace pension fines. TPR has powers to fine employers…

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Gifts out of income and their benefits to beneficiaries

Posted in Legal | Posted on 3 Aug, 2018

Giving away surplus income as a gift to family members is often promoted as an excellent way of planning for the future and as a way of reducing liabilities on a person’s estate. But how do the rules…

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Making Tax Digital – have you considered how it will affect you and your clients?

Posted in Legal | Posted on 19 Jun, 2018

New rules, which come into effect next year, mean that some businesses will need a digital accountancy package in order to make VAT returns to HM Revenue & Customs (HMRC), under a policy which is likely…

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