Tuesday, 26 February 2019

Changes to charity tax relief thresholds (1): gift aid

Charity fundraisers need be aware of two changes to tax relief thresholds that apply from 6 April 2019. Charities often encourage donations by giving a small reward to their donors. Where this is more than token value, this needs to be measured and assessed against value thresholds to make sure that gift aid can still be claimed.


Monday, 25 February 2019

Protecting your charity from internal fraud

Charity trustees tend to delegate management and the day-to-day running of the charity to its employees and management team. However, ultimately the responsibility lies with trustees, therefore they must make sure that the charity has systems and controls which are designed to mitigate the risk of fraud.


Friday, 22 February 2019

Insolvency Q&A part two: business owners/company directors

Welcome to part two of our five part insolvency blog covering the most frequently asked questions around insolvency and liquidation.


Thursday, 21 February 2019

Blog - Top 10 ways to protect the confidentiality of your business when marketing it for sale

Indeed, when marketing a business for sale, we will put our name in the NDA rather than our client’s name, and will not reveal the client’s name to the buyer until after the buyer has signed it.


Wednesday, 06 February 2019

Tax saving ideas

Now tax returns are hopefully out of the way, it’s an ideal opportunity to think about some potential tax saving ideas. 

Press Release

Wednesday, 06 February 2019

East Anglian manufacturin​g sector buoyant and confident about future growth

The latest MHA Manufacturing and Engineering Report confirms small and medium-sized enterprise (SME) manufacturers in the East Anglian region remain optimistic and confident about future growth, despite the uncertainty surrounding Brexit, rising production costs and skill shortages.


Thursday, 31 January 2019

Our 2019 Guide: Conflict as a catalyst for change within your charity

Welcome to 2019 and our new publication, ‘Using conflict as a catalyst for change: a guide for embracing, managing and mitigating conflict within your charity’. We think it’s an excellent document, and I hope you find it a useful tool to benchmark current practice and identify actions.


Wednesday, 30 January 2019

The new SRA Accounts Rules – are you ready?

The Solicitors Regulation Authority’s (SRA) proposals, under its ‘Looking to the Future’ reforms, include important changes to the Solicitors Accounts Rules (SAR). The date to apply these changes is likely to be April 2019.


Monday, 28 January 2019

HMRC ramp up tax investigations into the football industry

HMRC are currently investigating 171* professional football players, up 90% from just 90 football players under tax investigation in September 2017, as they look to crack down on the misuse of image rights payments, and increase revenues from the industry. 


Monday, 28 January 2019

Insolvency Q&A part one: general insolvency

Welcome to part one of our five part blog covering the most frequently asked questions around insolvency and liquidation. For further advice about any of the topics covered in our insolvency blogs or regarding a specific scenario, please contact our insolvency & recovery specialists.


Friday, 25 January 2019

Blog - Top 10 reasons why your management team might be able to afford your business

Just because they are working for you doesn’t mean they’ve revealed their true financial circumstances. Perhaps they have inherited money, have significant equity in their homes, or have simply saved and invested wisely over the years.


Wednesday, 16 January 2019

HMRC ramp up inheritance tax investigations – 5,400 families hit in 2017/18

HMRC have increased their investigations into inheritance tax (IHT) as they look to squeeze more from compliance activities in this area. 5,400* families were investigated by HMRC over their inheritance tax returns last year, up 5% from 5,100 in 2016/17.


Wednesday, 09 January 2019

Research and development tax relief – it’s not too late to claim

If your company is involved in research and development (R&D), the Government’s R&D tax credit incentive could provide a valuable source of tax relief. What exactly is R&D, why is the tax relief so beneficial and what costs qualify for this under-utilised tax relief?



Monday, 07 January 2019

New Year’s resolutions for your business

If you’re an entrepreneur, you could consider New Year’s resolutions for your business. Here are a few suggestions to think about.


Friday, 04 January 2019

Changes to capital allowances

On 1 January 2019, the Annual Investment Allowance (AIA), which is available for businesses to claim on their expenditure on plant and machinery, will temporarily increase from £200,000 to £1,000,000 for two calendar years.  We discuss how this change impacts businesses. 


Friday, 21 December 2018

Farm incomes down by 15%

Figures released on 14 December by the Department for Environment, Food and Rural Affairs (DEFRA) suggest that farm incomes for 2018 will be down by some £860m, a reduction of over 15%.


Thursday, 20 December 2018

Planning your estate: wills

Most people don’t like to think about their own mortality, but planning for the future is important to make sure your property, money and possessions are distributed the way you intend. Writing a legally valid will is an essential part of this, and can provide peace of mind for you and your loved ones.


Wednesday, 19 December 2018

Primary Care Support England (PCSE) poses problems for healthcare practices

Unfortunately, only a minority of healthcare practices have experienced a smooth and problem-free couple of years when it comes to the outsourced function of Primary Care Support England (PCSE). PCSE operates the collection of superannuation and initial processing of certificates (which has been outsourced to Capita).


Tuesday, 18 December 2018

How to grow your business using digital solutions

It’s safe to say that most business owners would like more time for themselves and more money from their business. It’s becoming apparent that most businesses can achieve this through the use of digital solutions software and the automation it provides.


Thursday, 13 December 2018

What to do when a charity trustee has a conflict of interest

All trustees have a legal duty to act only in the best interests of the charity. Trustees’ personal and professional connections can bring benefits to the work of a charity, often forming part of the reason why an individual was asked to join the trustee body. 


Wednesday, 12 December 2018

2018 autumn Budget – what this means for personal tax

This was Philip Hammond’s third Budget as Chancellor and the second autumn one. Unusually, it was presented on a Monday, apparently wishing to avoid any Halloween references had he held it later in the week. He also slipped in a few jokes, as has become his tradition.


Tuesday, 11 December 2018

Autumn Budget changes to Capital Gains Tax – what they might mean down on the farm

Among the more minor changes introduced in Autumn Budget 2018 were some proposed alterations to the capital gains tax (CGT) regime, which were labelled as “Private residence relief: reform of ancillary reliefs.” These have been seen primarily as a further attack on the private residential lettings market.


Tuesday, 04 December 2018

Blog - Top 10 reasons to be wary of some business brokers

Let’s face it, selling a business is often the most important deal a business owner will ever be involved with, so it’s vital to get the right support to achieve a successful outcome.


Monday, 03 December 2018

Increased Annual Investment Allowance for 2019: the stumbling blocks

For most farms and agriculture businesses, the key announcement of the 2018 Budget is the increase in Annual Investment Allowance (AIA). However, there’s always a catch or, in this case, a few of them, so plan carefully to avoid tripping over.

Press Release

Monday, 03 December 2018

MHA Larking Gowen national runners up in Workplace Wellbeing Award

We're proud to be named as national runner up for the British Chambers of Commerce Workplace Wellbeing Award. The 15th Annual Chamber Business Awards took place on 28 November 2018 at a gala dinner at Tobacco Dock in London.

Press Release

Friday, 30 November 2018

St Elizabeth Hospice fundraising target smashed

MHA Larking Gowen was one of nine ‘Early Bird Herd’ firms challenged to raise £3,500 by January 2019, as part of next year’s Elmer’s Big Parade Suffolk in aid of St Elizabeth Hospice. We can announce today that we’ve smashed that target, raising over £4,700, and well before the deadline.


Friday, 30 November 2018

Cash income from HMRC’s investigations falls – forcing more investigations

HMRC’s annual report shows that real cash collected from investigations has fallen from £10.34 billion in 2016/17 to £10.33 billion in 2017/18.

Press Release

Thursday, 29 November 2018

Almost £2000 raised for the East Anglian Air Ambulance

Staff at MHA Larking Gowen have raised almost £2000 for charity, at their Big Night Out 2018.  The money has been donated to East Anglian Air Ambulance, whose air crews, rapid response vehicles, and paramedics were called out 2,725 times last year.


Monday, 26 November 2018

Press release - Continued success for Corporate Finance team

MHA Larking Gowen Corporate Finance remain top of the league and have been ranked joint first in the latest report from Experian Mergers & Acquisitions (M&A). The team have advised on twelve deals for the East of England making them one of two firms ranked as the most active financial advisors in the East of England.


Saturday, 24 November 2018

Blog - Budget changes to Entrepreneurs’ Relief (“ER”) and Alphabet Shares

An unexpected announcement in the autumn Budget means that business owners who hold alphabet shares, which had previously qualified for Entrepreneurs’ Relief, may wish to look into new qualifying criteria, particularly when considering the sale of their business or shares.


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