Master financial strategy and take control of your firm's fiscal health. This guide offers invaluable insights into efficient budgeting, financial forecasting, and resource allocation. Equip yourself with the tools to enhance profitability and maintain sustainable growth. Dive into practical advice to streamline your financial processes and elevate your firm's financial performance.
The following Employment news provides comprehensive and up to date legal information on Employment Rights Act 2025 commencement regulations update
The following Share Incentives news provides comprehensive and up to date legal information on Budget 2025—salary sacrifice reforms
The following Pensions news provides comprehensive and up to date legal information on Bill to limit NIC relief passes Second Reading in Commons despite opposition
The following Employment news provides comprehensive and up to date legal information on Employment Rights Act 2025—what is changing, and when?
What is pro bono?Many lawyers recognise it is a privilege to be able to provide legal advice and representation and be a part of the legal system....
Corporate social responsibility—CSR—regulatory requirementsThis Practice Note considers regulatory requirements relating to corporate social...
The importance of good time recordingThis Practice Note is intended for law firms. It explains why time recording is so important. It also explores...
How to read and understand the financial accounts of a law firmThis Practice Note provides information about how to read and understand the financial...
The importance of good time recordingThis Practice Note is intended for law firms. It explains why time recording is so important. It also explores best practice around time recording and considers the impact on write-offs if more time is captured.Why do law firms need to record time?The primary
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
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