The Inland Revenue taxes barristers in private practice, some may start suing for the Fees
February 11, 1999 at 03:40 AM
1 minute read
The original version of this story was published on Legalweek
The date, 5 April, 1999 will be a shock for barristers in private practice.
From then on, the Inland Revenue intends to tax them on an ‘earnings basis’, instead of the old ‘cash basis’. So far, guidance has not emerged from the Inland Revenue, although draft guidelines are available.
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