Sentences with phrase «liability partnership facing»

Solicitor Partner v Solicitors LLP Represented a solicitors limited liability partnership facing high - value and bitterly - contested claims from a partner involving serious allegations of financial and regulatory impropriety against the LLP, whistleblowing and expulsion from the partnership.

Not exact matches

The Chartered Institute of Taxation (CIOT) has expressed disappointment at today's announcement that Disincorporation Relief will not be extended beyond its current March 2018 expiry date.1 The relief was created to address the problems faced by some small businesses that have chosen to be a limited company in the past and want to return to a simpler legal form, be it a sole trader or a partnership or a limited liability partnership.2 While there has been a very low take up of Disincorporation Relief since it was introduced in 2013 (fewer than 50 claims had been made as of March 2016) the CIOT has suggested3 that the relief might be more popular if it was broader.4 John Cullinane, CIOT Tax Policy Director, said: «It's a shame the Government are letting this relief lapse.

The applicants complained to the European Court of Human Rights, under Art 1 of the First Protocol to the Convention in conjunction with Art 14, that when one of them died, the survivor would face a significant liability to inheritance tax, which would not be faced by the survivor of a marriage or a civil partnership.

On the face of it, 2015 - 16 limited liability partnership accounts for the UK's top 50 law firms show a positive headline, with revenues increasing on average 3.7 % (compared with a prior year increase of 1.8 %).