Operational management is the backbone of any successful legal practice, ensuring efficiency and productivity in daily operations. This topic offers insights into streamlining processes, optimising resources, and implementing effective systems to enhance your firm's performance.
The following Pensions news provides comprehensive and up to date legal information on Employers expect budget reform on pension salary sacrifice
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...
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
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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