As we move from one tax year to another, it is a good time to check the information held within payroll to ensure it is up to date. MHA’s head of professional services Karen Hain presents a checklist for firms to consider.
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What a changing tax framework means for your business
Changes to National Insurance rates and basis periods are set to impact individuals and businesses alike – MHA’s SRA specialist director, Robert Blech, goes into the details.
Year end tax planning tips for you and your practice
Tax planning season has arrived, and law firms have a lot to think about before the end of the financial year. MHA’s head of professional services, Karen Hain, presents a guide to tax planning for 2022.
All accountants want for Christmas
MHA’s head of professional practices Karen Hain presents eight measures that law firms can take to make accounting season a little easier for those burdened with compliance work.
Preparing your law firm for a merger or acquisition
Law firms seeking an inorganic route to growth, resilience or future-readiness will need to build up their appeal as a prospect in a vibrant merger and acquisition landscape – according to Karen Hain at MHA.
New HMRC tax proposal could mean more complexity for LLPs and the self-employed
HMRC’s latest proposal to shift the taxation basis could make life much more complicated for partnerships, limited liability partnerships and self-employed individuals – says Kate Arnott at MHA
How to navigate Business Interruption Insurance and contingent assets
A Supreme Court ruling around covid-19 may have changed law firms’ insurance policies into assets that now need to be accounted for, says Kate Arnott at MHA
Steps to ensure firms have financial stability and agility
As we see the gradual relaxing of Covid-19 pandemic restrictions and move closer to the ‘new normal’, it’s perhaps time for professional services firms to take stock and revisit the strategic plans that may have been neglected over the past year. The most successful firms are those able to react quickly to events, relying on […]
What SME law firms need to consider for funding in the new normal
Funding has been a common theme that has arisen when speaking with clients over the last few months
Categorising partner pay post-pandemic
In 2014, legislation was introduced under which, in certain circumstances, a member of an LLP would be treated as employed for tax purposes. There has, in fact, been little evidence of HMRC seeking to test the application of those rules, within the context of professional partnerships. That, of course, does not mean the rules have […]