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Tax rises for partnerships may be on the way in next month’s Budget – and potentially big ones at that.
Many lawyers were left shocked after the news broke last week that the Government is considering adding the equivalent of employer’s national insurance onto partnerships.
So on the new episode of The Lawyer Podcast, we ask what that might mean for a range of firms, whether it is a good idea (or just good politics), what firms might do about it, and what friend of the show and former Clifford Chance head of tax Dan Neidle thinks…
You can read The Lawyer’s piece on the idea from 2022 here:
https://www.thelawyer.com/the-treasury-could-tax-commercial-law-firms-an-extra-1bn-and-theyd-barely-notice/
By The LawyerSend us a text
Tax rises for partnerships may be on the way in next month’s Budget – and potentially big ones at that.
Many lawyers were left shocked after the news broke last week that the Government is considering adding the equivalent of employer’s national insurance onto partnerships.
So on the new episode of The Lawyer Podcast, we ask what that might mean for a range of firms, whether it is a good idea (or just good politics), what firms might do about it, and what friend of the show and former Clifford Chance head of tax Dan Neidle thinks…
You can read The Lawyer’s piece on the idea from 2022 here:
https://www.thelawyer.com/the-treasury-could-tax-commercial-law-firms-an-extra-1bn-and-theyd-barely-notice/

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