This SQE1 revision guide covers the requirements of the SRA SQE1 2026 specification for business law and practice, which will be examined within the FLK1 assessments in January and July 2027. Designed specifically to help you prepare for the SQE1 assessment, it provides a clear, concise and highly focused overview of the subject. The book is divided into two parts: the first covers business law and practice, while the second explores the principles of taxation relevant to businesses and their stakeholders.

The book is clearly structured around the SRA specification and focuses only on the content you need to revise for the SQE1 assessment. It provides plenty of opportunities to test your functioning legal knowledge as defined in the SQE1 syllabus. Each chapter includes five practice questions, demonstrating how to apply the relevant legal principles to SQE-style single best answer multiple-choice questions.

Revise SQE Business Law and Practice is available as a print book, ebook and audiobook, and is suitable whether you are following an SQE preparation course, a self-study route or preparing to retake the SQE1 assessment.

"Revise SQE Business Law and Practice 2027" was written by Benjamin Jones.

Benjamin Jones is a senior lecturer in law and legal practice and a course leader at the University of South Wales. He has taught and led on a range of undergraduate, postgraduate and professional law courses for over eight years, and is a Fellow of the Higher Education Academy. In 2016 he was winner of the LawCareers.Net Law Lecturer of the Year award and has taught Business Law and Practice and Taxation throughout his teaching career.

Part One: Business law and practice

Starting a new business: types of business medium

Partnerships

Limited companies: part 1

Limited companies: part 2

Financing a business, financial records and accounting requirements

Part Two: Taxation of a business and its stakeholders

Trading profits and VAT

Income tax

Capital gains tax

Corporation tax