Ensure your group is not seen as a cartel
Working in a group can be a great way of increasing income, sharing costs and providing you with important support. Ian Tongue continues his monthly series for specialists at the start of their private practice career.
Groups can be simple cost-sharing arrangements or more complicated income-sharing ventures.
However, important changes following a Competition and Markets Authority (CMA) ruling and changes to the taxation of limited liability partnerships makes the waters increasingly choppy to navigate.
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