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Come Join Us!

Come Join Us!

Membership of Tees Valley Law Society offers opportunities whether you are a qualified solicitor or other legal professional, or you are in the early stages of training.

Members are offered discounted rates for all of our training events, which are held locally and at the end of the working day to ensure the least disruption to you, your firm and your clients. We hold regular networking and social events where members can come together informally to discuss issues within the profession, but more importantly to share ideas.

Membership of TVLS is about offering support whether formally through involvement of the Council or more informally by sharing ideas about best practice with other firms. By becoming a member of TVLS there are opportunities to become involved in the running of the Society, whether through membership of Council or Committees or in a more informal role.

The application process is quick and simple and membership is great value. Join us today.

Plant And Machinery Lease Accounting Changes

Plant And Machinery Lease Accounting Changes

The Law Society's Tax Law Committee has responded to HMRC's consultation on proposed legislative changes around the IFRS16 accounting standard. The proposed changes aim to ensure that the IFRS16 leasing rules continue to work as originally intended, particularly in relation to plant or machinery. The Law Society's response to the consultation can be viewed here.

HMRC have also sought views on ways to ensure the corporate interest restriction rules work as intended following the introduction of IFRS16. The Law Society's Tax Law Committee's response can be viewed here.