Professional Services
Industry Intelligence

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

Latest Updates

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?

Taxes in 2021 – are there rises ahead?

Boosting the economic recovery will be the Chancellor's first priority for the Budget on 3 March 2021. But with Government borrowing expected to exceed £500bn in this financial year, there is clearly a very big issue to solve.

What are the options?

Rethinking the office

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

What we’ve learnt so far

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

Professional Services Tax Webinars

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

Sign up here

HMRC moves to reassure umbrella companies over IR35 legislation changes

HMRC have issued a statement to provide reassurance to umbrella companies over IR35 legislation changes.

Read our article

M&A Market Review: Recruitment sector

Our 2020 M&A Recruitment Mid-Year Market Snapshot looks at deal activity and industry trends. Figures to date show a reduction in deal volumes, however historic trends continue including an increase in private equity deals and demand for tech-enabled recruitment solutions.

Read our snapshot

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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The Solicitors Regulation Authority (SRA) Maintains Pressure on Firms

What lessons can law firms learn from the recent FinCEN Files incident?

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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.

Read more

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

IR35 Private Sector Reforms have been postponed to April 2021. How will they affect your business?

Find out more

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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