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Professional Practices

BUZZACOTT'S PROFESSIONAL PRACTICES TEAM are specialists with years of experience in working with mid-tier partnerships, advising the partners in firms of solicitors, patent attorneys, architects and chartered accountants.

We know what it takes to start a practice and make it grow.  We understand the business and tax needs and the burden of compliance. And we can inform the difficult decisions that come with change: when and how to finance, strategies for tax, the pros and cons of LLP conversion, succession planning – and the crucial task of managing growth in good times and preserving stability in bad.

News

Salaried partners – employed or not?
The case of Williamson & Soden Solicitors v Briars seems to cast some uncertainty on the employment position of certain salaried partners

Personal Tax – planning for 5th April
With four months to go before the end of the tax year there is plenty of time to consider all tax planning opportunities.

SRA Accounts Rules 2011 – written policies you should have in place
Outcomes-focused regulation places grater emphasis on firms setting their own written policies and procedures

Unlock your overlap relief?
Since the introduction of the 50% Additional Rate of income tax, there has been much greater discussion about unlocking relief

How safe is your iPad?
How safe is your data once it has left the secure environment of the office?