Law Firm Finance
Follow Simon for practical commentary and professional insight on law firm finance.
← Back to contributors
Verified ContributorChronicle Law Member
Simon Palmer
Director at Professional Practice Loans / Smart Funding Solutions
Law Firm FinanceTax and VAT FundingPartner CapitalPractice AcquisitionsCash Flow
Director at Professional Practice Loans / Smart Funding Solutions.
Simon Palmer is director of Smart Funding Solutions, a whole of market commercial finance broker in Chester that arranges VAT and tax funding for law firms and partners. He also runs Professional Practice Loans, which helps solicitors and other professional firms fund partner capital, tax bills and practice purchases.
Smart Funding Solutions is a trading style of Smart Funding Solutions Limited (FRN: 972740) who are Appointed Representatives of White Rose Finance Group Ltd (FRN: 630772) who are directly authorised by the Financial Conduct Authority.
Simon Palmer’s profile brings together professional experience, specialist subjects and published Chronicle Law contributions.
Tax and VAT Funding
Follow Simon for practical commentary and professional insight on tax and vat funding.
Partner Capital
Follow Simon for practical commentary and professional insight on partner capital.
Practice Acquisitions
Follow Simon for practical commentary and professional insight on practice acquisitions.
Cash Flow
Follow Simon for practical commentary and professional insight on cash flow.
From Simon’s Chronicle Law profile.
BUSINESS MANAGEMENT · 5 MIN READ
Funding partners' tax bills and the VAT quarter without draining the firm
Every law firm partner knows the rhythm. January brings the balancing payment and the first payment on account, July brings the second, and the VAT quarter comes round four times a year whether or not clients have paid their bills. In a good year the firm's cash copes. In a year when fees are tied up in work in progress, or a large matter settles later than planned, the same dates can push partners into their savings or push the firm further into its overdraft than anyone would like.
Read the article →PUBLIC CONTRIBUTOR PROFILE
Expertise is public. Membership remains personal.
Contributor profiles display approved professional information and published work. Saved content, CPD records, benefits and account activity remain private within My Chronicle.