Does HMRC's notion of significant influence match the reality within law firms?
13 December 2013
Ian Jeffery discusses the HMRC's publication of its proposals relating to the treatment of salaried members within UK limited liability partnerships in his blog for Managing Partner Magazine.
"Now, I’m not a tax lawyer, nor do I wish to cross swords with Her Majesty’s representatives, but this test did prompt some more general thoughts on the nature of influence (and its racier cousin, power) within professional services firms. Three ways of thinking about this question have particularly interested me over the years."
You can read the blog post on the Managing Partner website here.