Legal News

Clock is ticking – new SRA transparency rules are just weeks away

Posted in Legal | Posted on 31 Oct, 2018

Law firms have just a matter of weeks to publish price and service information for individuals and small businesses, with the Solicitors Regulation Authority (SRA) regulations due to come into force in…

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Making Tax Digital for VAT pilot launched by HMRC

Posted in Legal | Posted on 31 Oct, 2018

HM Revenue & Customs (HMRC) has opened a pilot scheme for Making Tax Digital (MTD) for VAT – the first phase of the Government’s digital tax reporting overhaul. From 1 April 2019, VAT-registered…

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Property investments once again hit by new tax rules

Posted in Legal | Posted on 31 Oct, 2018

What happens when thoughts turn to planning for retirement?

Posted in Legal | Posted on 31 Oct, 2018

At a time when life expectancy is rising and healthcare is forever evolving, many Britons are living for 20 to 30 years after they retire, which is why making adequate preparations for retirement is now…

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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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