My client is an LLP with 5 partners
We have a client who is wanting to restructure their business somewhat.
As we all know, lawyers like nothing better than a long-drawn out legal dispute. The case of Clyde & Co v Bates Van Winklehof has all the makings of a classic.
KPMG has announced a strategic partnership with cloud accounting application Xero, in which the Big Four firm will provide online accounting and tax services to small to medium sized businesses
Many accounting firms are likely to see their profits decline and some may even go bust when new tax rules for limited liability partnerships (LLPs) start in April, an expert has predicted.
Like most firms, you want to grow. This growth plan is a mixture of organic building and investing in hiring externally.
I have a problem with regards to the above topic and it's been drivng me crazy for the past couple of days, I would be grateful if anyone could spare a moment to help me.
I have a sole trader with a year end date of 31st July and he has now changed at his year end to a partnership with his wife.
The recent tribunal case of Mr Vaines v HMRC (TC02965) dealt with whether a deduction from trading profits was allowed under the ‘wholly and exclusively’ principles, for an out of court settlement