*/
As we ease out of lockdown and begin the recovery process it is an ideal time for barristers to review their finances and strategically plan for future growth.
Many barristers may have depleted tax reserves or utilised much of their overdraft facility to fund their practices during the pandemic. With the 31 July tax bill deadline fast approaching, it makes sense to consider the benefits of funding which could augment cash flow and offer peace of mind in one easy step.
Vector Professions Finance are here to help with our ever-popular aged debt funding facility for your short and longer term funding requirements.
On reviewing your finances, it may be pertinent to consider funding tax and reducing/clearing your overdraft over a longer term to further enhance cash flow by ensuring manageable and affordable monthly instalments.
Many of our clients will be consolidating any late payments, their July and estimated January 2022 tax bills into a longer term facility (up to 60 months) with the knowledge that their future tax obligations have been planned for in advance. With this in mind, and funds in place, barristers can concentrate on their cases without worrying about financial issues.
If previous/current tax bills and reduced fees during the pandemic have been funded by an overdraft many barristers will look to refinance the overdraft via our aged debt loan product. This increases headroom for contingency planning. This option has proved to be increasingly popular as many banks have recently raised their overdraft interest rates.
With over 25 years’ experience with the Bar and endorsed by the Bar Council for over ten years, we understand the complexities with which barristers are faced. Our mission is to provide fast track flexible funding with a quick and easy application process with minimal information required. We only usually require a completed online form together with confirmation from the clerks system of gross receipts and aged debt.
As we ease out of lockdown and begin the recovery process it is an ideal time for barristers to review their finances and strategically plan for future growth.
Many barristers may have depleted tax reserves or utilised much of their overdraft facility to fund their practices during the pandemic. With the 31 July tax bill deadline fast approaching, it makes sense to consider the benefits of funding which could augment cash flow and offer peace of mind in one easy step.
Vector Professions Finance are here to help with our ever-popular aged debt funding facility for your short and longer term funding requirements.
On reviewing your finances, it may be pertinent to consider funding tax and reducing/clearing your overdraft over a longer term to further enhance cash flow by ensuring manageable and affordable monthly instalments.
Many of our clients will be consolidating any late payments, their July and estimated January 2022 tax bills into a longer term facility (up to 60 months) with the knowledge that their future tax obligations have been planned for in advance. With this in mind, and funds in place, barristers can concentrate on their cases without worrying about financial issues.
If previous/current tax bills and reduced fees during the pandemic have been funded by an overdraft many barristers will look to refinance the overdraft via our aged debt loan product. This increases headroom for contingency planning. This option has proved to be increasingly popular as many banks have recently raised their overdraft interest rates.
With over 25 years’ experience with the Bar and endorsed by the Bar Council for over ten years, we understand the complexities with which barristers are faced. Our mission is to provide fast track flexible funding with a quick and easy application process with minimal information required. We only usually require a completed online form together with confirmation from the clerks system of gross receipts and aged debt.
Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
Giovanni D’Avola explores the issue of over-citation of unreported cases and the ‘added value’ elements of a law report
Louise Crush explores the key points and opportunities for tax efficiency
Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
Is now the time to review your financial position, having reached a career milestone? asks Louise Crush
If you were to host a dinner party with 10 guests, and you asked them to explain what financial planning is and how it differs to financial advice, you’d receive 10 different answers. The variety of answers highlights the ongoing need to clarify and promote the value of financial planning.
Most of us like to think we would risk our career in order to meet our ethical obligations, so why have so many lawyers failed to hold the line? asks Flora Page
If your current practice environment is bringing you down, seek a new one. However daunting the change, it will be worth it, says Anon Barrister
Creating advocacy opportunities for juniors is now the expectation but not always easy to put into effect. Tom Mitcheson KC distils developing best practice from the Patents Court initiative already bearing fruit
National courts are now running the bulk of the world’s war crimes cases and corporate prosecutions are part of this growing trend, reports Chris Stephen
Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
