Professional Services
Industry Intelligence

Insights, updates and advice for those working in legal, recruitment, consultancy and property advisory firms

Latest Updates

What tax changes are coming on ‘tax day’?

On 23 March the government will publish tax consultations that may set the future direction of UK taxes.

Will the reforms raise taxes?

Budget 2021: Key highlights for professional services firms

We discuss the potential impacts in more detail and highlight other key changes for legal, consultancy, recruitment and property advisory firms to consider.

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48% of 2020 recruitment deals were in Q4 – what is driving the surge?

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Rethinking the office

What is the right balance for professional services firms in reconfiguring property space?

Our methodology

A good time to review your personal tax planning

As we come out of the COVID-19 pandemic the future for UK taxes contains much uncertainty, so there has never been a more important time to rethink your family’s or company’s tax efficient plans for the future. Our Personal Tax Planning guide 2020/21 has a wealth of practical ideas for individuals, partners and business leaders.

Personal Tax Planner

Changes to DAC6 obligations and replacement OECD rules

Following Brexit, the UK Government has drastically scaled back reporting of cross-border avoidance arrangements to the basic OECD standards for UK businesses.

What should your firm do now?

Professional Services Tax Webinars

Get expert analysis and advice on managing recent changes to International and UK tax.

Sign up here

Time to review your CJRS Process

HMRC are cracking down on fraudulent or error-based claims. For assurance and to limit risk, your firm may want to consider whether the process used to make claims is accurate.

CRJS Risk Review Tool

What lessons can the recruitment industry learn from previous recessions?

We hosted a virtual roundtable to discuss the ‘hear, now and near future’ for the recruitment industry.

Read our event highlights

Taking a fresh look at R&D tax claims for professionals services firms

Have you considered how R&D relief could be applied to your business?

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How ‘risky’ is the Legal Sector?

What are the new AML requirements for Firms in 2021 and how will they affect you?

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HMRC wins first mixed membership partnership case at tribunal

If your business operates through a partnership or LLP that has individual and non-individual members, learn about HMRC’s success in the first tier tribunal case of Walewski resulting in significant additional taxes for the tax payer.

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Law Firm Leadership Series

Now more than ever, leadership teams must have mental health and wellbeing for their workforce as a top priority. What positive steps are firms taking to support their people and welcome new talent within the legal profession?

Read our report

IR35 Private Sector Reforms

The Government has reconfirmed recently that the new IR35 Private Sector Reform will go ahead as planned from 6 April 2021. Whatever implementation phase your firm is at, BDO has two market leading tools to help you prepare and manage the impact on your business.

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Need advice?

Get in touch to discuss how our industry experts can help your business.

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Managing the impact of COVID-19

Useful information on government support for businesses and individuals and practical advice on business continuity and resilience.

How BDO can support you