couple on beach holding hands

New partners: personal financial planning

Have you been made a partner in the last two years or due to be appointed?

Location: Webinar
Start Date:

16/05/2019 12:30

End Date:

16/05/2019 12:30

Industries: Professional Practices
couple on beach holding hands

Becoming a partner may change your tax status and affect your finances. This webinar series will help you understand what the implications of becoming a partner are, demystify some of the key financial documents that you will now see as a partner and the importance of financial planning.

Part 3: Personal financial planning

This session explains the importance of planning for the future. We will cover the issues of making provisions for you and your loved ones in the event of death or serious illness, the tax benefits of making pension contributions, investing tax efficiently, and the importance of paying close attention to your investment strategy.

All sessions runs for 30 minutes.

Other sessions

 Part 1: Accounts and management information 

Wednesday 1 May 2019  - available on demand after the live date

This session explains how to familiarise yourself with elements of the statutory and partnership accounts such as the profit and loss account, balance sheet and partners' accounts. We will also cover what is meant by management information and demystify some of the terms that are used.

Part 2: Partners' personal tax

Wednesday 8 May 2019 - available on demand after the live date

This session looks at implications of the change in tax status after becoming a partner. We will cover what is meant by taxable profits and the basis on which partners are assessed to tax and when. We will also cover contributing capital and how firms reserve for tax on your behalf.


Who should attend

For those who have been made a partner in a professional firm in the last two years or due to be appointed.


There is no cost to attend this event, you can book all three sessions on the link below.

Register now