IPO’s in Professional Services – a growing trend?

With strong institutional appetite to invest in the professional services space, we interviewed James Allen, Equity Research Analyst, from Liberum to find out what’s driving the interest in potential IPO’s.

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Pillar One and Pillar Two – implications for professional service partnerships

Pillar Two of the OECD’s Global anti-base erosion (GloBE) model rules could bring significant administrative burdens for international partnerships.

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Budget and Spring Statement, here’s what you need to know

The Budget did bring some additional details relating to basis period reform, including the expected impact to the exchequer and confirming the already announced implementation date in the 2023/24 tax year.

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People, property and the future of the office

Thinking on the use of the workplace is evolving. Greater flexible working means access to wider talent pools, but brings added cost of improving technology and concerns over training and maintaining culture. We discuss some of the complexities surrounding the decisions professional services leaders are being required to make.

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ESG and leading change in professional services

Join our discussions to explore how businesses can embark on long-term change and embed ESG into decision-making and behaviours.

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Basis period reform - Changing how business profits are taxed from 2023/24

What are the core reforms and what should you do next?

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Umbrella companies and non-payroll workers in your labour supply chain

How strong is your due diligence?

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Basis period change – a real can of worms!

Last month’s announcement that profit basis periods are going to change as soon as 2022/23 will impact sole traders and partnerships.

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NIC and corporation tax rises are coming but will other taxes rise?

The autumn Budget will take place on 27 October 2021 and there are some key questions that the Chancellor will have to face.

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How ‘risky’ is the Legal Sector?

The legal sector is under the spotlight for economic crime compliance. What are the new AML requirements for Firms in 2021 and how will they affect you?

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Global Risk Landscape 2021: Professional services in the spotlight

We explore how professional services firms have responded to the pandemic, accelerating digital transformation programmes and evolving working practices. We also discuss key risks keeping leaders awake at night in relation to innovation, people and technology.

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A good time to review your personal tax planning

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

Personal Tax Planner

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.

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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 you firm do now?

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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LLP tax returns and enquiries: Inverclyde case

An essential read for firms and advisers operating through LLP structures and in particular those with ongoing enquiries.

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VAT training for professional services firms

Training, together with up to date, documented, VAT accounting processes, can help reduce the scope for errors and help mitigate any penalties.

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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

Rethinking the office

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

What we’ve learnt so far

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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2020 Winter Economy Plan & Budget

All the key measures analysed from a professional services perspective, including a new emergency job support scheme, kick-start apprentices and Entrepreneurs Relief.

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What is on the horizon for professional services firms?

We discuss the actions we’ve seen professional services firms take in responding to COVID-19 – what’s working and what might shape the way we do business in the future?

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Managing the impact of COVID-19

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

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The Solicitors Regulatory Authority (SRA) accounts rule changes

The Solicitors Regulatory Authority (SRA), have been working to simplify the Accounts Rules. We discuss what key changes need to be factored into accounting systems and procedures.

Off payroll working and the impact on recruitment agencies

We discuss IR35 impacts on supply chains to contractors hired via recruitment agencies.

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IR35 in the private sector

IR35 Private Sector Reforms have been postponed to April 2021.

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How can NED's prepare for the non off-payroll rules?

Everything you need to know about IR35 in one place.

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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, read 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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On 26 January 2017, the Consultative Committee of Accountancy Bodies (CCAB) published the new LLP SORP (2017) which reflects the amendments to the LLP Regulations and the associated FRS 102 amendments.

Read the amendments

BDO Property Advisory Snapshot 2020

We surveyed Property Advisory leaders to explore market sentiment and to understand how they were looking to embrace news ways of working and opportunities to invest in technology.

Read our survey results

Domestic reverse charge VAT for construction services

HMRC has announced a delay to the domestic reverse charge for construction services - it will now come into force until 1 March 2021.

What action should you take?

The technology imperative: Digital disruption in the legal sector

What are the barriers to technology investment in the legal world and how can law firms overcome these?

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VAT treatment of disbursements

What action should law firms take?

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Tips for preparing the new Section 172 Statement

We look at this requirement more deeply and set out a framework to help draft a high quality statement.

Read our tips

Reform of Partnership taxation

We outline a summary of new rules for partnership taxation, published in the Finance Bill 2017-18.

Read our summary

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