Steve Roberts is a tax director at Armstrong Watson and is part of Armstrong Watson’s legal sector team. The legal sector team advises law firms throughout the UK on strategic, structural and other business improvement issues as well as providing efficient accounting, tax and SRA accounts rules services. Further information can be found at: www.armstrongwatson.co.uk/legalsector. The Law Society has exclusively endorsed Armstrong Watson for the provision of accountancy services to law firms.
There were many changes in this summer budget, with possibly the biggest impact on firms that operate their practice through a limited company, writes Steve Roberts, tax director at Armstrong Watson, as he spells out how the budget announcements impact on small law firms.