Milsted Langdon has continued to keep in touch with the Bar Council and we are currently keeping a close eye on the progress of the current debate on Alternative Business Structures. It is likely that, quite apart from any of the other changes that are being considered by the Legal Services Board, the time may soon come when individual barristers will, for the first time, be able to trade through an LLP or a limited company.
Incorporation would have far-reaching commercial and tax consequences for barristers. The Milsted Langdon Barristers’ Team is highly qualified to advise on these implications and they will ensure that the firm’s clients are well placed to benefit from any commercial or tax advantages that may arise from a change to the existing regulations.
To find out how our specialist accountants for barristers can help you, please contact us.