Six UK top 50 firms affected by the changes had cash balances of under £20 million in their most recent accounts, Law.com International analysis has found.
April 12, 2023 at 06:16 AM
6 minute read
Reporter
When HMRC changes to how partners pay tax come into effect next year, law firms are aware they could be landed with a hefty tax bill.
Many firms are faced with the prospect of effectively paying two years worth of tax in one financial year.
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