Business Law and Practice provides a detailed guide to the forms of business most commonly encountered in practice, examining how they must be run in accordance with the statutory and common law applicable to them. It explains these businesses relationships with outsiders and gives an overview of their possible tax liabilities. As such, the book provides a comprehensive and practical introduction to advising businesses, whatever their type. The book reflects the law in force as at 1 March 2020 (insolvency and taxation at 1 May 2020). Recent case law and legislative changes are covered. Recent practical examples and statistics are also provided.