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Terms of Business

6. Commission and Other Benefits

6.1  We may receive commission or other benefits for introductions to other professionals or in respect of transactions which We will arrange for You.
6.1.1  If this happens and We retain such commissions:
6.1.1.1  We will notify You, in writing, within 3 months of receipt of such commission, of the amount and terms of payment and receipt of any such commissions or benefits. You consent to such commission or other benefits being retained by Us without Us being required to account to You for any such amounts. The Fees You would otherwise pay will not be reduced by the amount of commissions.
6.1.1.2  See our likely table of commissions that may be received by Us and the likely amounts. These are examples only and may not cover all receipts in the future.
6.1.2  If this happens and a fiduciary relationship exists:
6.1.2.1  the fees You would otherwise pay will be reduced by the amount of the commissions or other benefits We actually receive and, We will, where applicable, apply the HMRC concession that allows VAT to be calculated on the net fee after deduction of that commission or other benefit.