Insights

Larking Gowen is excited to sponsor the North Walsham RFC female U18 team. The rugby club set up their female club, the Valkyries, four years ago and today there are more than 50 girls on the books from the ages of 11 to 18 years.

Tessa Brown discusses the benefit-in-kind legislation around assets that a company makes available to its directors and employees for their private use.

James and Mark look back on their chat with Andy Nicol and Sue Liburd MBE, and how their conversation on diversity and inclusion is still just as relevant now as it was back in October 2020 on their Impromptu Business Chat series. It is, to date, their second most downloaded episode which further proves that this topic is still so pertinent, especially to business leaders.

Further to her recent blog, Cindy looks at the problem of UK resident beneficiaries often being unaware that distributions to them from offshore trusts are usually taxable in their hands in the UK, even if the trustees have paid tax on their income and gains in their home jurisdiction.

Public speaking is often cited as one of our biggest fears, feared more than death itself. But what if you can hone your skills and combat your fears? James & Mark chat to Andrew Brammer, global award-winning public speaker, who believes passionately in the power of public speaking, and the wider benefits that your new-found confidence can bring to all aspects of your life.

A number of UK law firms are changing their business structure. Ellis Lake discusses several reasons why this is the case and the pros and cons of different business structures, including tax reliefs.

Trust expert, Alison Day, looks at the requirements set out by the European Union’s Fifth Money Laundering Directive (5MLD) and urges trustees to heed the September deadline to register a trust.

Welcome to the first episode in our new series! This week, James & Mark examine our own perceptions of why things happen in our lives, whether we think we can control them, and how it informs our behaviour. With a focus on the well-known psychological theory ‘Locus of Control’ 

Larking Gowen and the Norfolk and Norwich Law Society teamed up to bring you an informative and topical legal webinar.

The spring 2022 edition of AISMA Doctor Newsline is now available. 

Many businesses aren’t aware that there’s a lucrative tax relief that could really help in these challenging times. Richard Proctor discusses what Research and Development tax relief is and who can claim it.

Cindy tells us about a case study where an offshore trust was subject to UK inheritance tax (IHT) where the trustees did not realise they were liable.

Jo investigates when it might be appropriate for a charity to refuse or return a donation and the process involved.

The latest tax data card is now available.

When it comes to succession planning, most choose to set up a trust.
However, depending on family circumstances, this may not be the most tax efficient method since the introduction of Family Investment Companies.

Laurie details some of the most important changes revealed in the latest Government agricultural funding and schemes announcement.

Ian refreshes our memories about informal tax payment arrangements when dealing with probate matters.

This edition of our bulletin is packed with information and we highlight the current issues that you should be aware of.

We bid a fond farewell to Partner, Chris Greeves. On 23 March, the firm hosted a retirement event at Fakenham Racecourse where clients, fellow partners past and present, and colleagues gathered to celebrate Chris’ 40 years in the business. 

Sterling Suffolk Limited has entered into administration. The company traded a glasshouse operation from its site at Blakenham Nursery, Bramford, Suffolk.

Alison Smith, senior manager in our Farms and Landed Estates team, drills down into the Spring Statement to reveal its impact on the agriculture sector.

Employment tax manager, Tessa Brown, pulls out the main points from the Chancellor's Spring Statement.

Nina suggests ten tax planning ideas you could consider, as tax year end approaches.

Like many, Larking Gowen is extremely saddened by the devastation and humanitarian disaster following the invasion of Ukraine.

Business advice experts, James Lay and Mark Curtis will be deep diving into thought-provoking and important topics in their new podcast series Leadership & Life Chat, YouTube trailer out now!

We welcome Gillian McGill as Director, to our Tax Advisory team.

The Charities Bill received Royal Assent on 24 February 2022 and has been brought into law as the Charities Act 2022.

With the new Health and Social Care Levy just around the corner, Emma discusses the impact on National Insurance contributions and how employees and employers can ease potential financial strain.

Will looks back on the first year of our business sale readiness diagnostic tool and discusses common challenges arising from the results as well as top tips for addressing these.

Kelly gives a run through of the announcements made recently on Stewardship and Environmental land management schemes (ELMS) developments.