³ÉÈËÓ°Òô

Advising solicitors and barristers ― overview

Produced by
Owner-Managed Businesses
Guidance

Advising solicitors and barristers ― overview

Produced by
Owner-Managed Businesses
Guidance
imgtext

This guidance note provides an overview of tax and accounting issues specific to solicitors in practice as sole practitioners, as partners in a partnership or as members of a limited liability partnership (LLP) and to barristers in practice as sole practitioners. In Scotland, the equivalent to a barrister is an advocate. As nothing turns on the differences between the two, the references

Access this article and thousands of others like it
free for 7 days with a trial of Tolley+™ Guidance.

Powered by

Popular Articles

SEIS and EIS ― overview

SEIS and EIS ― overviewThe seed enterprise investment scheme (SEIS) and enterprise investment scheme (EIS) are very similar schemes which offer substantial tax incentives to investors in companies which qualify. The tax incentives for SEIS and EIS investments are intended to encourage investment in

14 Jul 2020 13:31 | Produced by Tolley Read more Read more

UK VAT invoice requirements

UK VAT invoice requirementsThis guidance note provides details of the information that must be shown on a valid tax invoice. Businesses supplying goods and services that are liable to the standard or reduced rate of VAT are required to issue a tax invoice to another VAT registered person.If the

14 Jul 2020 13:46 | Produced by Tolley Read more Read more

Temporary differences

Temporary differencesCalculation of temporary differencesThe temporary difference arising in respect of an asset or liability is calculated by comparing the carrying value of that asset or liability with its tax base.IAS 12 uses the concept of taxable or deductible temporary differences. Whether a

14 Jul 2020 13:49 | Produced by Tolley in association with Malcolm Greenbaum Read more Read more