Barclays has set aside £90 million to cover potential claims against its past motor finance business, according to its 2024 annual report. This comes after the lender tries to address the legal implications of existing litigation over secret commissions paid by motor finance lenders to car dealers. This follows the October 2024 Court of Appeal […]
As the summer approaches, law firm owners in the UK find themselves facing an important financial milestone—tax due in July. Amidst the complexities of running a successful law practice, managing tax obligations can be a daunting task. With the aim of providing valuable insights and assistance, this article, written from the perspective of The Practice Loan Company, a trusted partner specialising in unsecured business funding options for UK law firms, seeks to guide law firm owners through the intricacies of tax planning and highlight the importance of maintaining financial stability.
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