Property and Inheritance Tax – What You Should Know (IC)

Inheritance Tax is the tax paid on a person’s estate if it is worth more than £325,000 when they die. It is paid at a rate of 40 percent on anything above this threshold, but this rate can be reduced if 10 percent or more of the estate is left to charity.

Cybercrime issue is escalating, says SRA

Paul Philip, SRA Chief Executive, said: “Law firm client accounts are being targeted and solicitors and their clients are suffering disruption and potential loss. It is essential that firms understand the risks and take precautions to avoid falling victim to...

Have an exit strategy, advises the SRA

Law firms should ensure they have an exit strategy to close down their businesses in line with proper procedures, the Solicitors Regulation Authority (SRA) has advised after a series of related Solicitors Disciplinary Tribunal (SDT) hearings.