– see also Partnerships

Accounting for VAT

Generally

Special agreements

Agency disbursements

– see Disbursements

As advisers

Bad debt relief

Claim disputed

VAT-only invoices

Changes in rate of VAT

Continuous supplies of services

Counsel's fees

Decrease

Generally

Increase

Legal Aid

Payments and invoices before basic tax point

Provisions

Services spanning

Client accounts

Retained interest

Surpluses

Client accounts, interest on

Client balances: payments received for non-supplies

Commissions

Generally

Setting off, fees

Contentious business, tax point

Continuous supplies of services

Changes in rate of VAT

Tax point

Conveyancing file

Costs of raising capital

Counsel's fees

Accounting arrangement

Change in rate of VAT

Unpaid

Counsel's services outside scope of VAT

Credit notes

Generally

Validity, conditions

Disbursements

– see Disbursements

Disbursements, telegraphic transfer fees

Disclosure of documents, compliance with notice

Documents retained in custody of

Anton Pillar order

Notice served demanding production

Documents, legal professional privilege

Expenses of business

Examples

Generally

Input tax recovery

Fees

Counsels

Input tax

Oath fees

Payments as agent on behalf of client

Setting off commission

Tax point

Telegraphic transfer fees

– see Disbursements

Third parties costs

Inheritance tax

Obligation to disclose information

Trustees of maintenance funds

Input tax

Identity of recipient of supply

Services of consultant surveyors and valuers for negotiation of sub-letting premises

Solicitors Indemnity Fund contributions

Input tax recovery

Evidence

Generally

Interest on clients' accounts, treatment as interest or trading income

Invoices

Additional period of extension

Disbursements

Extension of 14-day rule

Generally

Interim

Issue outside extended period

Obligation to issue

Request for payment

Legal Aid

Changes in rate of VAT

Committee members

Tax point

Liability of supplies

Admission of partner not a supply

Generally

Outputs/income, examples

Negligently drafted sale contract, reliance on another

Non-contentious business, tax point

Office holders

Commissioners for Oaths

Ecclesiastical legal appointments

Generally

Judicial appointments

Legal Aid Committee members

Notary Public

Outputs, supplied by the business

Examples

Generally

Goods or services, determination

Time of supply

Value of supply

Ownership of property

Generally

Interest in property retained by outgoing partner

Nominee company

Ordinary partnership asset

Ownership by some partners and included in balance sheet

Ownership by some partners outside the partnership

Service company

Summary

Partial exemption

Exempt supplies

Generally

Partnership expenses

Partnerships, registration

Changes in partners of firm

Generally

Liability of partners

Pre- and post-registration expenses

Professional negligence

Tax avoidance scheme not working

Records

Registration

De-registration

Employed solicitors

Generally

Limited liability partnerships

Partnerships

Restriction on information, required from

Returns

Settlement of disputes

Acting for plaintiff: wording of settlement agreement to refer to VAT

Case law on out-of-court settlements if no legal proceedings have started

Generally

HMRC's view

Law Society guidance

Law Society meeting with HMRC about out-of-court settlements

Sharing office premises and staff

Generally

Secondment of staff

Service companies

Shared premises

Solicitors Indemnity Fund

Supplies through

Tax point

Advance payments for services

Continuous supplies of services

Fees for services

Goods

Importance

No invoice issued, liability to account for VAT

Services, generally

Special invoicing rule

– see Invoices

Special rules

Tax treatment

Third party costs, payment

Transactions in land, information

Transfer of a going concern

Generally

Special provision

Value of supply

Discounts for prompt payment

Generally