Insights

Successes

Thursday, 30 March 2017

Case study - MGP Electrical - Business Sale

MHA Larking Gowen assisted in the successful sale of a 100%interest in MGP Electrical, enabling the owners to enjoy a well-deserved retirement in the knowledge that their loyal employees’ jobs were preserved and their customers would continue to be serviced to the high level they had become accustomed to.

Successes

Thursday, 30 March 2017

Case study - Funeral Planning Services Ltd - Business Sale

Assisting the Directors of Funeral Planning Services Limited in the sale of the business goodwill, trade and assets to Ecclesiastical Planning Services Limited

Blog

Wednesday, 29 March 2017

Dividend Surprise

There has been much commentary in the last week or so concerning the reduction in the Dividend Allowance. This follows the Chancellor’s surprise announcement in the Spring Budget that this would be reduced to £2,000 from April 2018.

Brochure

Tuesday, 28 March 2017

Services to hospital doctors

MHA Larking Gowen offers tailored packages for more than 160 NHS consultants; for those who run a private practice on a self-employed basis, as well as those who are employed. We can give you general business advice and help you with your personal tax arrangements.

Brochure

Tuesday, 28 March 2017

Services to GP practices

MHA Larking Gowen’s comprehensive medical accounting, administration and advice services allow health professionals more time to spend on their patients.

Press Release

Monday, 27 March 2017

Larking Gowen celebrates with a fond farewell to two of Larking Gowen’s longest term Partners as they also announce a new chairman

MHA Larking Gowen celebrates with a fond farewell to two of MHA Larking Gowen's longest term Partners as they also announce a new chairman.

News

Thursday, 23 March 2017

Meet the Team - James Lay MHA Larking Gowen Corporate Finance Partner

Get to know our team better! Every few months we will bring you a snapshot of one of our team members. This month we feature Corporate Finance Partner, James Lay. James has been with MHA Larking Gowen for nearly 20 years – one of many long-standing figures within the firm.

Blog

Wednesday, 22 March 2017

Tying the knot with your business

Glenn Matthews has been working with new businesses for the best part of five years at MHA Larking Gowen, and having married last year, it struck him how similar the two things can be.

Blog

Tuesday, 21 March 2017

Charities’ management accounts: what do they need to show?

Consider a charity which delivers services that are funded through a blend of contracts and grant income. To comply with the Charity Statement of Recommended Practice (SORP), the year end accounts need to recognise income from service contracts to the extent that the service had been delivered, whereas grant income would generally be recognised at the point that the grant was receivable.

Blog

Monday, 20 March 2017

Making Tax Digital – charities exempt but trading subsidiaries will be affected

The Government has confirmed that it will introduce legislation to exempt charities from all but the VAT requirements of Making Tax Digital. This is welcome and will protect smaller charities and those with limited digital capability.

Brochure

Thursday, 16 March 2017

Services to academies and free schools

Our specialist team will support you throughout the process of converting to academy status and beyond. We will guide you through the complexities of forming a multi academy trust and, once established, we will offer ongoing support.

Blog

Tuesday, 14 March 2017

Farmhouse Bed & Breakfast – Increased rent-a-room allowance

Running a Bed & Breakfast business from your farmhouse can introduce some diversified income into the family and make use of some unused bedrooms.

Such an enterprise can also be tax-efficient. A farmhouse Bed & Breakfast business qualifies for the rent-a-room allowance, which has increased to £7,500 per annum from 6 April 2016. The allowance is halved if you share the income with your partner or someone else.

Blog

Thursday, 09 March 2017

Budget 2017 – What it means for the Not for Profit Sector

With the vast majority of measures already being announced, and with very few sector specific announcements, there were no real surprises for the Not for Profit (NFP) sector in the 2017 Spring Budget. Read more to find out what changes were made and how this will affect you. 

Blog

Monday, 06 March 2017

Big Brother is watching you

The latest organisation to harness the power of the internet is HM Revenue & Customs (HMRC), who have spent several years and a significant amount of money on systems designed to identify those who may have paid too little tax. Leading up to the latest tax return filing deadline of 31 January 2017, the system was fully deployed for the first time.

Blog

Friday, 03 March 2017

New ‘Transactions in Land’ legislation

After months of waiting and a lot of speculation, HMRC have finally published their guidance on property development tax and the new ‘transactions in land’ legislation that was introduced in the Finance Act 2016.

Successes

Saturday, 25 February 2017

Case study - Mainguard Associates Limited

Mainguard Associates Limited provides informed, driven interim leadership and management support for a variety of large scale construction projects including high profile projects such as HS2.

Blog

Tuesday, 21 February 2017

New tax allowances for micro-entrepreneurs

From April 2017 taxpayers will be able to take advantage of two new allowances, aimed at reducing the burden (of both tax and administration) for those making small amounts of money. HM Revenue & Customs (HMRC) refer to this group of taxpayers as ‘micro-entrepreneurs’.

Blog

Tuesday, 21 February 2017

Helping new businesses to network

At MHA Larking Gowen we help new businesses start up and flourish by being there to support them and by providing practical business advice. We also help to arrange networking events for new businesses so that they get to meet with likeminded entrepreneurs and other businesses at the start of their journey in order to share experiences and advice.

Blog

Monday, 20 February 2017

Blog - Helpful tips when buying a business

Some of you will be well versed in the process of buying a business, but even the most experienced acquirer can still need a helping hand from a third party to offer a more independent and objective view.

Press Release

Wednesday, 15 February 2017

Larking Gowen accountant finishes top of global class of 5,000

Congratulations to Lauren Day, who has been awarded the ACCA (Association of Chartered Certified Accountants) Gold Medal for the highest global score attained over the final tier of five professional exams.

Blog

Friday, 10 February 2017

How effective is finance reporting to your charity board?

With MHA, we have created Keeping Your Charity on the Right Track, a 12 month programme to help you improve your organisational governance in a stepped and measured way.  Each month’s article covers an area of charity governance for review and leads you through good practice.

Blog

Monday, 06 February 2017

Why should you stress test your business?

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.

Blog

Friday, 03 February 2017

How effective is your charity board?

To be effective, charity board members must fully understand their role. This includes what they should be involved in, where the boundaries are and when they should delegate to allow management the space to run the organisation.

Blog

Wednesday, 01 February 2017

Employment FAQs

With the end of the tax year on the horizon, employers are starting to think about the year-end reporting requirements (and if not, perhaps should be) so I thought this the ideal time to share some FAQs.

Blog

Tuesday, 24 January 2017

Blog - Picking your management team

When contemplating the sale of your company, an area that will add value is a solid second tier management team. This is essential not only for the purpose of a sale but also for the smooth-running of a growing company. 

Blog

Wednesday, 18 January 2017

HMRC’s database increases risk of tax investigation

Over 80% of all tax investigations undertaken by HMRC now follow potential leads generated by its £45 million database system, Connect, according to recent reports. The new reliance on automated systems to identify targets means that taxpayers could face an increased risk of investigation, simply for having their name thrown up by HMRC algorithms.

Blog

Friday, 13 January 2017

VAT on search fees

When acting for a potential buyer in respect of a property purchase, it is normal for a solicitor to engage with a third party to conduct searches. These will determine whether any restrictions apply over the property, and provide other relevant information of interest to the buyer.

Blog

Friday, 13 January 2017

Making Tax Digital for motor dealers

As we enter another new year, thoughts turn to what the future will hold. For HM Revenue & Customs (HMRC) the future is a digital revolution to fundamentally change the way that tax information is collected. These changes are being referred to ‘Making Tax Digital’ (MTD).

News

Friday, 13 January 2017

Blog - Corporate business transactions on the rise in East Anglia

According to a report released this week, the value of business transactions in the East of England rose significantly from £26.2bn in 2015 to £40bn in 2016. The level of merger and acquisition activity in the UK has held up well despite a turbulent year, according to the new figures announced by Experian MarketIQ(1).

Press Release

Thursday, 12 January 2017

MHA Larking Gowen and Macmillan take a look back at what they have achieved through the Larking Gowen Half Marathon series

MHA Larking Gowen’s sponsorship of the City of Norwich Half Marathon and the Ipswich Half Marathon has led to a collaboration between the East Anglian accountancy firm and Macmillan cancer research.

Newsletter

Sign up to receive the latest news from MHA Larking Gowen