Oct 21, 2025
Policy
The £2bn lawyer tax – should Rachel Reeves tax LLPs?
Doctors, lawyers, accountants, fund managers, and other high earning professionals are often members of partnerships and LLPs. They’re not employees – and so there’s no 15% employer national insurance. This creates a big tax saving. The Times is reporting that Rachel Reeves is considering changing this – and that it could raise £2bn. UPDATE evening […]
