The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The New Year has kicked off with major headaches for finance teams across the UK, as they start in earnest to wrestle with HMRC’s national insurance contributions (NIC)-related early Christmas present.
In case you missed it, late last year HMRC unveiled its proposals for changes to the partnership tax regime, a move aimed at dealing with the so-called ‘disguised salary’ of fixed-share LLP members and clamping down on what it views as tax avoidance measures used – legally – by LLPs.
The changes it is suggesting have the power to make most, if not every, LLP examine its profit-sharing arrangements and, in theory at least, completely restructure them. Oh, and they have three months to do it. Nice.
The first two firms to confirm that they are reviewing the way they define fixed-share partners as a result of HMRC’s proposed changes are DWF and Weightmans.