The news items and other information on this site do not purport to be comprehensive or to give legal or professional advice. cpm21 does not provide legal advice. Whilst every effort has been made to ensure accuracy, neither cpm21, its owners, employees, associates, collaborators, agents or trainers can be held liable for any errors or omissions or inaccuracies contained within each communication, on its website, or in articles, tweets, posts or blogs on social networking sites. Readers should not act upon (or refrain from acting upon) information provided without first taking further specialist or professional advice. cpm21.

By Tom Horrocks

Can I see your Fraud Prevention Policy asks PI Insurer

Professional indemnity insurers are starting to ask: “what are your firm’s fraud prevention policies and procedures?” before offering a quote.  When the annual cost of fraud to the UK economy moves from £Millions to £Billions, and the SRA lists cybercrime and social engineering as one of its ‘priority risks’, then your ability to avoid becoming a victim of fraud, as well as claims in negligence, becomes important to your insurer.     

By Clay Shaw Butler Chartered Accountants & Business Consultants

The New HMRC Approach - Which Limited Liabilities Partnerships (LLP) members will be deemed employees?


Since their introduction at the turn of the century, LLPs have become progressively more widespread as a vehicle for carrying on a variety of businesses. The LLP is a unique entity as it combines limited liability for its members with the tax treatment of a traditional partnership. Currently individual members of an LLP are deemed to be self-employed and are taxed as such on their respective profit shares rather than as an employee and subject to the PAYE system.