Umar Memon

A seasoned Chartered Accountant with over 30 years of experience, Umar is an expert at dealing with barrister's finances, from tax liabilities to financial planning.

Joined: 04/02/2019
Articles: 22

Barrister Tax

Introduction to Tax Planning for Barristers 2024

Introduction to Tax Planning for Barristers 2024 by Umar Memon Since 1948, Jack Ross Chartered Accountants has provided state-of-the-art barrister accounting services in Greater Manchester and beyond. We pride ourselves on our dedication to financial integrity and technological innovation. Whether…

Umar Memon
07/03/2024

Barrister Tax

Expert Financial Advice for Barristers: Jack Ross Explains

Expert Financial Strategies for Barristers Introduction to Financial Planning for Barristers Barristers face unique financial challenges. As primarily self-employed professionals, barristers must operate without the support structures available in traditional employment. Our article focuses on the importance of specialist financial…

Umar Memon
19/02/2024

Barrister Tax

Tax Benefits of Setting Up a Limited Company as a Barrister

Businessperson walking

Explore the tax benefits and considerations for barristers thinking of incorporating as a limited company.

Umar Memon
16/02/2024

Pensions

Tax Planning for Retirement as a Barrister

An old couple walking in nature

Discover essential tax planning and retirement strategies tailored for barristers. Learn how to secure your financial future with expert advice.

Umar Memon
14/02/2024

Barrister Tax

Tax Implications of Bad Debts for Barristers

Businesspeople looking over documents

Explore the tax implications of bad debts for barristers. Learn how to claim relief and manage financial liabilities effectively.

Umar Memon
12/02/2024

Legal Aid

Tax Implications of Legal Aid Work for Barristers

Law Library

Unlock the tax implications of legal aid work for UK barristers. Master your finances while serving the public good with this comprehensive guide.

Umar Memon
09/02/2024

Barrister Tax

Barristers: Cash Basis vs Earnings Basis Debate

Two signs showing arrows pointing in opposite directions

Explore the pros and cons of Cash vs Earnings Basis accounting for barristers to make informed financial decisions.

Umar Memon
07/02/2024

Barrister Tax

How to Change From Old Cash Basis to Earnings Basis

Cash

Learn how to transition from cash basis to earnings basis accounting for barristers. Understand HMRC rules and transitional adjustments.

Umar Memon
05/02/2024

VAT

Vehicle Expenses and Tax Allowances for Barristers

Cars on a motorway

Discover how self-employed barristers can maximise tax deductions on vehicle expenses. Learn the difference between 'Business Use' and 'Private Use'.

Umar Memon
02/02/2024

Chambers

VAT and Chambers Expenditure

A gavel

Explore the intricacies of VAT and its impact on barristers' chambers. Learn HMRC-approved methods for VAT apportionment and tips for compliance.

Umar Memon
31/01/2024