Practice Matters - Spring 2018 Edition
31 October 2018
We are pleased to share our latest issue of Practice Matters, a series of regular updates for finance and management teams in law firms and a summary of the key areas that we have been discussing with our clients over the last few months.
In this edition we cover:
• Market perspectives – Brexit, cyber security, SRA accounts rule changes, digital disruption and a view on the legal sector’s performance in the South West of England
• Partner matters – succession planning, our 2018/19 personal tax planning guide and the tax risks for buy-to-let investors
• Tax update – UK and global tax landscape updates including making tax digital, US tax reform, employment taxes and off-payroll workers
• Dates for your diary – our upcoming events and webinars.
The Chancellor’s Budget 2018
In addition to the updates covered in our Autumn edition of Practice Matters, the Chancellor has since delivered his Budget 2018 speech on the 31 October. He announced a number of measures and consultations, which included a reform of the off-payroll working rules (also known as IR35) and a delay of its extension to the private sector. If you think your business is affected, you can read more about this here.
We have produced a full analysis of the Budget and how it will impact on individuals and businesses, available on our Budget hub. We have also summarised the key changes for professional services firms to consider, that you can read here.