United Kingdom
The partnership model was looking antiquated even before the UK chancellor’s expected tax raid on LLPs was revealed. An additional tax burden may finally kill it off
    
    
      
        
    
      
    
    
    
  Overall revenues and average profit per partner also increased in the UK, the ‘big four’ firm revealed 
    
    
      
        
    
      
    
    
    
  Sector-specific business taxes, private equity tax treatment reform and changes to the taxation of non-residents are all on the cards for the UK, authors from Herbert Smith Freehills Kramer predict
    
    
      
        
    
      
    
    
    
  The UK’s Labour government has an unpopular prime minister, an unpopular chancellor and not a lot of good options as it prepares to deliver its autumn Budget
    
    
      
        
    
      
    
    
    
  
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