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By Hydeam Sulton

5th October 2022

Compensation and Early Termination Payments - Where we are now?

Hydeam Sulton Tax Partner - Head of VAT and Indirect Tax at Armstrong Watson explores the impact on the legal sector of HMRC’s change of policy on compensation and early termination payments.

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By Armstrong Watson

9th September 2022

With more power, comes more responsibility - the new fining powers of the SRA

Towards the end of 2021 and into the start of 2022, the Solicitors Regulatory Authority (SRA) held a consultation on proposals to increase their fining powers. 

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By Andy Poole

25th February 2022

Legal Sector Pulse Survey Results January 2022

These were among the findings of the second of a recently launched quarterly legal sector survey undertaken by law firm accountants, business and financial advisers Armstrong Watson and partaken by 70 senior legal sector professionals. 

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professional office supplies

By Andy Poole

8th February 2022

An interview with product suppliers and solutions

Andy Poole interviews Des McKeown and Adrian McKenna of POS Group – product suppliers and solutions providers to the legal sector

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Calculating tax on event gains

By Graham Poles

1st February 2022

Chargeable Event Gains – Possible Tax Repayment for your law firm estate clients

Significant chargeable gains can often arise when an individual dies and the gains are crystalised, therefore, you may have a number of estates that may have overpaid income tax in the year of death of the individual.

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tax calculator strategy

By Justin Rourke

18th January 2022

A potential tax efficient strategy for business owners

A clear tax efficiency strategy used by one of our clients allowing them to invest and protect themselves from IHT.

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By Andy Poole

7th January 2022

Starting up a new law firm - a new guide from Law Firm Ambition

Law Firm Ambition is a website that “makes it easier to grow your law firm”. It is a collaboration between seven leading suppliers to the legal services sector. Together, we are providing a library of constantly updated tips and advice, including FAQs, checklists, and articles. We also collaborate on podcasts and webinars.

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Grow interest plant

By Armstrong Watson

4th January 2022

Would you like to boost the interest earned on your client money?

It is no secret that interest rates on client and office accounts have fallen to historic lows. Many law firms are now receiving 0.01% on client monies and will feel a valued income source has all but disappeared. To make matters worse, as reported by the FT Adviser in February 2021, the Bank of England has written to UK banks giving them 6 months to prepare for negative interest rates

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By Andy Poole

8th December 2021

Legal Sector Pulse Survey Results, November 2021

In common with other sectors, the legal profession has had an ‘interesting’ time in the past 18 months and there is likely to be a great deal of flux still to come. It is with this in mind that we have recognised that a quarterly legal sector ‘pulse’ survey would help law firms with their strategic planning.

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Resignation box of things

By Armstrong Watson

7th December 2021

Recruiting and Retaining Talent

After an extremely challenging 2021, businesses moving into 2022 are faced with yet more professional challenges; how do they recruit into their teams, or as the media have coined it, how do they survive “The Great Resignation”?

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