Insights

Now lockdown is gradually easing, what advice is there for businesses to help them move forward? This blog highlights some specific links to our COVID-19 Hub on our website containing some very practical business advice.

The Chancellor has announced a temporary VAT rate of 5% which will apply to food and non-alcoholic drinks from restaurants, pubs, bars, cafés and to hot takeaway food. The measure will also apply to supplies of accommodation and admission to attractions across the UK. The reduced rate came into effect from Wednesday 15 July 2020 and will continue until 12 January 2021. We highlight some practical steps a business can take immediately to prepare.

More than two thirds of legal firms will review their business processes and well over half are planning a major change in strategy following the COVID-19 pandemic.

Business Advisory experts James and Mark are back! Listen as they bounce around some impromptu views and ideas.

The launch of the New to Partnership payment scheme was deferred due to the Coronavirus pandemic, but the NHS has now released the latest guidance.

On Wednesday 8 July 2020, the chancellor announced the introduction of the Job Retention Bonus.

Brexit and our departure from the EU and the CAP provide us with a unique opportunity to redesign agricultural policies to meet our environmental ambitions, while supporting our farming sector. Will DEFRA's new ELM scheme be a success? What are the risks and opportunities?

The next stage of the Governments economic recovery plan has begun with Boris Johnsons “Build, build, build” speech and Chancellor, Rishi Sunak 'Plan For Jobs'. Click here to view an infographic of the key points from the announcement.

It has been a theme of every statement made by the Government (and particularly the Chancellor) throughout the pandemic, that there are winners and losers (or those who lose and those who really lose, given there can be no real winners).

Towards the end of May 2020, whilst still in the midst of the COVID-19 lockdown period, MHA undertook a survey of the legal sector focusing on the impact of coronavirus, how this is affecting law firms, and the influence on future plans. 

The next stage of the Government's recovery plan has begun with Boris Johnson's “Build, build, build” speech and the confirmation that Chancellor, Rishi Sunak, will be delivering an economic update on 8 July. 

MHA Larking Gowen helps legal practices manage the financial side of their business. We have a substantial client base in the legal sector and represent more East Anglian lawyers than any other firm.

Watch back on our joint webinar with Durrants for Virtual drinks at the Royal Norfolk Show. The virtual drinks reception celebrated what would have been the first day of the Royal Norfolk Show.

Business Advisory experts James and Mark are back! Listen as they bounce around some impromptu views and ideas.

The phrase “if anything should happen to me…” is a very common euphemism. Frankly, the first word should be “when” not “if”. COVID-19 has concentrated the minds of many on their own mortality and may be a timely reminder that will planning is really something which, by definition, cannot be put off forever.

The MHA Construction & Real Estate specialist team works closely together to ensure our clients in the sector are supported during these challenging times.

Watch back on our tourism webinar, offering genuine insight from businesses with information to help roadmap the future and what it means for the tourism sector. 

Survey findings highlight an estimated 1.9bn income loss in the region due to COVID-19. A new survey on the impact of COVID-19 for the Tourism, Leisure and hospitality sector indicates the significant financial consequences of lockdown and the ongoing impact it is having.

In early June a group of key tourism figures felt that there was a gap in the data being collected by surveys in the local area. We therefore produced a survey requesting rarely shared, highly sensitive and confidential information.

Due to the current situation with COVID-19, we have seen a number of our clients opting back into the NHS Pension Scheme. This is primarily because of the enhanced death in service benefits that active members receive, morbid as it may sound.

In my previous article I discussed the The Agriculture Bill, its keys elements and the rejected amendments. The Agriculture Bill is the biggest piece of legislation for the farming and agribusiness industry for a generation.

As the reports surface of the UK economy contracting by over 20% in a single quarter, with over 600,000 job losses already and the furlough scheme soon to end, you’d be forgiven for having a conservative outlook on business right now.

We understand that you are an individual with unique circumstances and requirements. Our team of private client specialists are highly knowledgeable and experienced, and we’ll take the initiative to make sure you get the most from your wealth.

Under the original furlough scheme, it was not permissible for employees to carry out any work while on furlough (with certain exceptions for training).

MHA Larking Gowen are pleased to announce two new appointments in their Ipswich office. Graham Mummery has been appointed as a new Corporate Partner and joined the team on the 15 June.  James Nichols was appointed as Senior Manager and joined on the 8 June. 

The initial Coronavirus Job Retention Scheme was announced by Chancellor Rishi Sunak on 20 March and closes to new entrants on 30 June 2020. Thereafter, it is restricted to employees who have been previously furloughed. Claims under the initial scheme cannot overlap 30 June. All claims from 1 July must be made for calendar months.

Your options will depend on your circumstances and will be specific. There is a range of personal options available, as detailed in this brochure.

MHA undertook a survey into the legal sector focusing on the impact of COVID-19, and how this is affecting law firms. The results report on eight key areas including fee income, business strategy now and for the future, and working practices now and going forward.