At Larking Gowen we have over 300 employees across nine locations and ensuring their mental wellbeing is a very important part of our core values.
We are training managers to support staff and identify any issues that may arise in their day- to-day lives that affect their wellbeing. All of our staff have access to a confidential, free, 24 hour support helpline covering many different services including mental health issues, family issues, gambling, financial pressures, stress, and housing, to mention just a few.
We have seen some unusual political times over the last few years and these have produced uncertainties for the many small businesses that are the lifeblood of the UK economy. I have written recently about Making Tax Digital (MTD) and how this would have a significant impact for these small businesses, including those with rented properties.
Larking Gowen has been running a trilogy of business breakfasts on the theme of ‘How to make business fun, fulfilling and financially rewarding in 2017’. In June we presented part 2: ‘Invest in yourself’, and I thought that I would share some of the presentation with you.
Start by asking yourself some questions:
Focus on what you want to achieve; sometimes it is just not painful enough to make that change and remember, if there is no will, there will be no way!
Are you pulled by a dream or pushed by circumstances?
Have you identified your values?
What would you like to be remembered for?
What makes life worthwhile?
Stephen R Covey said: “If I really want to improve my situation, I can work on the one thing I have control over – myself.
February marked the 75th anniversary of American troops arriving in the UK during the Second World War. The arrival of thousands of American personnel to the east of England changed the region forever. By 1943 there were more than 100,000 US airman based in Britain, mainly in East Anglia.
For this reason, Larking Gowen decided to hold its 2017 Tourism Survey Seminar in Suffolk, at The Swan in Lavenham.
Making Tax Digital for Business (MTDfB) is a key part in the Government’s plan to modernise the tax system – it is the biggest change in tax administration in decades.
It will affect every business in the UK, including those with rental income, and will change the way that businesses keep their accounting records, report profits and interact with HM Revenue & Customs (HMRC).
Much has changed since last year’s Budget, when we were anticipating the EU Referendum and very few people would have predicted that Donald Trump would become US President. We might also have anticipated that George Osborne would still be controlling the purse strings, and that ‘Remain’ had won the day in the Referendum.
Big Brother is watching, and I am not referring to the Channel 5 programme! The term originated from a warning that appears on posters throughout Oceania, the fictional dictatorship described by George Orwell in his book ‘Nineteen Eighty-Four’. Now, in 2017, the tools are available to allow all sorts of organisations to correlate information about us.
We often hear that the banks are being stress tested to determine their ongoing viability. Do you just assume that this is ‘economics’ that goes way over our heads? Actually, we can apply similar principles to all types of business. It involves applying systems to identify potential problems, however extreme or unlikely, and then devising strategies to minimise or alleviate their effect.
The Autumn Statement was not the most exciting from a tax perspective, but it was interesting for a number of reasons.
The Chancellor finished his first statement with an unexpected announcement; since the days of Gordon Brown there have been two showpiece performances, the March Budget, concentrating on tax, and the Autumn Statement, concentrating on spending.
Major changes are being made to the way in which all taxpayers interact with HM Revenue and Customs (HMRC). The Government is referring to these changes as “Making Tax Digital” (MTD), and they are proposing a staged introduction to the new rules, starting for many in April 2018.
Larking Gowen has prepared and submitted a comprehensive response to HMRC’s consultations on Making Tax Digital with regard to how it impacts our clients and suggesting matters to improve implementation for businesses.