Insights

This Webinar will be of interest to COFAs, Cashiers and Partners with a specific interest in client money matters. MHA Larking Gowen will provide a brief overview of the changes to the Solicitors Accounts Rules, which come into effect in November 2019, and offer practical advice on using these new rules to your advantage.

Laurie Hill discusses UK farming subsidies, and compares the tough economic pressures facing farmers in the UK to the difficulties faced by New Zealand farmers when they lost their subsidies in the 1980s. 

It was worrying to read recently that Lloyds Bank has discovered thousands of customers’ wills stored in its ‘safe custody’ service, which was closed to new customers in 2011. This situation is a good reminder to anyone making a will or who already has a will.  Read on for advice on avoiding the pitfalls.

Amidst all the furore surrounding Brexit and the consequences for agriculture and owners of farmland, it’s easy to concentrate on the day-to-day news whilst overlooking some of the reports that don’t immediately hit the headlines, such as inheritance tax reliefs.

Sajid Javid had intended to deliver his first Budget on 6 November 2019, but, with a general election now looming, this has been delayed, probably into the new year. If he does get the opportunity to deliver his post-Brexit Budget, he will set out the plan to shape the economy for the future and trigger the start of our infrastructure revolution.

Published recently, the Experian Mergers & Acquisitions (M&A) report for Q3 of 2019 ranked MHA Larking Gowen’s Corporate Finance team joint second by deal volume in the region, with the firm advising on 14 deals in the East of England.

Are you thinking about selling your business? Read this great article from James Lay Corporate Finance Partner at MHA Larking Gowen giving you some top tips to plan for the sale

Long-established Clacton-on-Sea builders' merchants, J E Fuller, has been bought by the independent regional firm Huws Gray Ridgeons. The firm was established, on its current site near the town's railway, in 1954 and outgoing director, Peter Fuller, has worked there since 1956.

Partner Andrew Kelsall comments on the latest Insolvency statistics for the quarter July – September 2019 were released by the Insolvency Service.

From April 2020, the holiday pay reference period will increase from 12 to 52 weeks. This is to make sure that the calculation of holiday pay for employees in various roles is equal and fair.

Most landowners know exactly what the family owns, including the finer details of boundaries, tenancies and history. However, they may be less clear about exactly who owns which property and what’s on the business balance sheet. It’s not uncommon for someone to think they own land, when in fact it’s still held in the names of grandparents’ executors, or for them to think it’s owned jointly with a spouse when that’s not the case.

The Autumn edition of the AISMA medical newsline has just been published. This edition talks about retaining your CQC status, an update on the pension tax pill; fraud protection; the challenges with sharing staff across Primary Care Networks and much more. 

Our recent blogs have discussed the new SRA rules, to be implemented from 25 November. As the date is creeping ever closer, let’s consider them once again.

MHA Larking Gowen are proud to announce that we’ve been shortlisted as one of four finalists in the category of “Best Employer” in the Norfolk Business Awards hosted by the Eastern Daily Press.

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.

We are running a Manufacturing & Engineering Survey which will help to compile a nationwide picture of what the sectors think. This is our seventh annual survey and although none of us have access to a crystal ball, your views in the here and now will help our specialist advisers gauge where the sector is.

Following a rebrand in 2019 MHA Larking Gowen found themselves with an excess of old branded canvas bags. As the bags are great quality, rather than leave them to waste, MHA Larking Gowen are pleased to announce that two local charities have benefited from the donation. 

The UK construction industry has experienced a further year of slowdown in sales, turnover and profits, pointing to a sustained downward trend, according to the latest UK Construction Sector Report from MHA, the UK-wide group of accountancy and business advisory firms of which MHA Larking Gowen is a member.

With the continued uncertainty surrounding Brexit, we’ve spoken to businesses with a wide range of approaches towards no-deal Brexit planning. As a result, we’ve outlined a number of simple and no-lose steps that businesses can take to make sure they have an idea of the potential impact of Brexit from a VAT and duty perspective.

We’re now well into the new regime for Making Tax Digital for VAT registered businesses over £85,000 (the current registration limit). The problems and chaos predicted didn’t come to much and HMRC even relaxed some of the rules for filing VAT. 

NHS Pensions have advised that the 2019 Total Reward Statements and Annual Benefit Statements are now available to download.

In my series of inheritance tax (IHT) blogs I’ve raised awareness of things you should consider. Effective tax planning can reduce an IHT bill by thousands of pounds. Now I’ll share our top tips to help you beat the inheritance tax levy.

Following on from Richard’s previous blog, what do the new Solicitors Regulation Authority (SRA) Accounts Rules mean for you in practice?

Welcome to month nine of our publication, Using Conflict as a Catalyst for Change – A Guide for Embracing, Managing and Mitigating Conflict Within Your Charity. This month we focus on conflicts between treasurers and finance directors or equivalent.

On Friday 6 September, HMRC issued Revenue and Customs Brief 10 (2019) announcing that the introduction of the Domestic Reverse Charge for construction services will be delayed for a period of 12 months, until 1 October 2020.

With just weeks to go to the introduction, HMRC have now responded to the concerns raised by industry representatives around the impact of the new measures.

An MBO, or management buy-out, occurs when a business is sold to its existing management team. A trade sale is when a business is sold to another, often competing, business. In this blog I explain some key benefits of an MBO.

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

Whilst we will always try to help you rescue your business, sometimes formal insolvency is unavoidable. This brochure will explain more about corporate insolvency. 

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

On Budget day, all eyes are typically focused on potential tax increases, the state of play of UK finances and whether there will be a rabbit pulled from the hat which shocks and surprises us all.