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Thursday, 22 August 2019

NEWS - Larking Gowen Ranks Joint First in Mergers & Acquisitions League Table

Published recently, the Experian Mergers & Acquisitions (M&A) report for H1 2019 ranked Larking Gowen’s Corporate Transactions team joint top by deal volume in the region, with the firm advising on ten deals in the East of England.

Blog

Tuesday, 06 August 2019

Countryside Productivity Small Grants Scheme closes 3 September

The second round of the Countryside Productivity Small Grants Scheme, administered by the Rural Payments Agency (RPA), opened for applications on 9 July 2019. 

Blog

Monday, 05 August 2019

A new deal for tourism

Despite Brexit and the process of electing a new Prime Minister, the Government does seem to be getting some useful business done, although perhaps a bit under the radar. An example is the UK’s first ever tourism sector deal.

Blog

Wednesday, 31 July 2019

The challenges of VAT in motor retail

Motor retail is one of the more challenging sectors to operate in from a VAT perspective.

News

Wednesday, 31 July 2019

Latest quarterly Insolvency Statistics

The latest quarterly Insolvency Statistics were released on 30 July 2019 by the Insolvency Service.

Blog

Wednesday, 31 July 2019

VAT recovery on investment management costs, not just an issue for charities.

In a long running battle, the University of Cambridge has challenged the way HM Revenue & Customs’ recovers VAT on investment funds of donations and endowments.  The University claimed that they should be able to claim back a proportion of the VAT because the investment returns were used to support wider business activities.

Blog

Thursday, 25 July 2019

The Tax Gap is increasing – what does this mean for you?

HMRC’s latest statistics reveal that taxpayers underpaid £7.4bn in tax last year, up 10% from £6.7bn in 2016/17. This represents 21% of the total UK Tax Gap last year (£35bn), which is an increase from 20% in 2016/17 (£33bn).

Blog

Wednesday, 17 July 2019

IR35 and workers who provide their services through companies etc

Whilst much noise has, and continues to be made about the proposed changes to IR35, which will take effect in relation to services provided to medium and large businesses in the private sector from April 2020 (draft legislation was issued last week), it largely falls on deaf ears within government.

News

Monday, 15 July 2019

Accountancy firm brings life-saving equipment to the community

East Anglian-based accountancy and business advisory firm Larking Gowen is extending its company wellbeing programme to reach beyond the doors of its offices.

Blog

Thursday, 11 July 2019

New pricing transparency rules for solicitors – are you complying?

New rules on pricing transparency for solicitors came into force on 6 December 2018. The rules require solicitors to publish their pricing and service information on their websites about certain legal services. 

Blog

Thursday, 11 July 2019

Saving inheritance tax by gifting: Potentially Exempt Transfers

The rules about PETs are a bit more complicated but, in summary, to be free of inheritance tax you need to survive the gift by at least seven years; although what’s known as taper relief arises after year three.

Blog

Wednesday, 10 July 2019

Capital Gains Tax reporting: another crackdown on buy-to-let landlords?

Last month we looked at the example of Mrs Lambert, who sold her residence and realised a capital gain. At present her tax bill is £1,400 but HMRC are consulting on changes to a valuable relief that would see her tax charge increase to £14,700 if she sells the property on or after 6 April 2020

Blog

Friday, 05 July 2019

Inheritance tax and pension changes for women

How can you mitigate potential inheritance tax liabilities? Do the recent pension changes for women affect you?

Blog

Friday, 28 June 2019

Trust Registration – The Latest Developments

Have you ever heard the saying, “Put not your trust in money but put your money in trust”? Actually, this advice is urging nineteenth century heiresses to protect their wealth, which would otherwise pass to their husbands, when they married

Blog

Friday, 28 June 2019

Save inheritance tax by making gifts

In my recent inheritance tax blog I commented on the need for a valid will. A will directs the distribution of your estate, but how can you save inheritance tax?

News

Monday, 24 June 2019

Larking Gowen win national award for flexible working initiative

Larking Gowen named national winners of the Working Families Best Practice Award for Best Flexible Working, the award establishes the East Anglian-based accountancy and business advisory group at the forefront of new thinking on the relationship between employers, employees, and their work. 

News

Friday, 21 June 2019

Hundreds of students learn about farming and food production at LEAF Education GCSE Activity Day

Larking Gowen exhibited in the #FarmMyFood event which took place on Friday 21 June at Elveden Estate. Our agricultural experts were there today giving the young teenagers an insight into agricultural accountancy and what the team here at Larking Gowen do to help our agricultural clients. 

Blog

Wednesday, 19 June 2019

Insolvency Q&A part five: creditors

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

News

Monday, 17 June 2019

European award for business advisory specialist

Larking Gowen, Corporate Finance Partner, James Lay, has been named as High Achiever 2019 for the European Region, at last week’s Mindshop annual conference, for his work advising businesses on maximising their potential.

Blog

Friday, 07 June 2019

Do you have offshore assets?

We are living in changing times in the tax world. Following the reporting of several high profile cases in the press, tax planning that was once considered unexceptional is now seen as morally unacceptable tax avoidance. The spotlight has turned on those with offshore assets so, if this applies to you or you are either non-resident or non-domiciled and have an interest in an offshore trust, read on.

Blog

Thursday, 06 June 2019

BLOG - Top 10 differences between the sale of company shares v business assets

If a business is operated through a limited company, there are two different approaches for a sale. Either the shares of the company are sold by the shareholders (referred to as a “share sale”), or the company sells its trade and assets, and the shareholders are left to liquidate the company and distribute the proceeds between themselves (referred to as an “asset sale”)

Blog

Wednesday, 05 June 2019

Tourism, Leisure and Hospitality Business Survey results

The results of Larking Gowen’s fourteenth Tourism, Leisure and Hospitality Business Survey have just been published. High on the list of challenges was the weather in 2018! The weather played a big part in the trading results for a lot of tourism, leisure and hospitality businesses in the eastern region. 

Webinar

Tuesday, 04 June 2019

How to sell your business for maximum value

Larking Gowen Corporate Transactions and Leathes Prior invite you to a joint seminar. The seminar is aimed at business owners considering their future exit strategy.

Blog

Wednesday, 29 May 2019

Changes to residence relief and letting relief

In a recent blog I highlighted how the Government is trying to crack down on tax relief for buy-to-let landlords. Now I’ll consider how the proposed new property tax changes regarding residence relief and letting relief will affect some property owners.

Blog

Tuesday, 28 May 2019

Insolvency Q&A part four: employees

Welcome to part four of our five part insolvency blog covering the most frequently asked questions around insolvency and liquidation. Part four will cover the most frequently asked insolvency questions by employees.

Blog

Tuesday, 28 May 2019

Does your farm qualify for research and development tax relief?

With the Agriculture Bill making its way through parliament, the transition towards farmers being paid for ‘public goods’ is well underway. 

Blog

Monday, 27 May 2019

Making Tax Digital (MTD) and electronic invoicing

Hopefully most of you will know that Making Tax Digital (MTD) came into effect from 1 April 2019, meaning that all VAT registered businesses trading over the VAT registration threshold of £85,000 will now need to submit their VAT returns using a MTD compliant software. 

Blog

Friday, 24 May 2019

Are ‘trivial’ benefits from employers exempt from tax and NIC?

In the lead-up to the 2018/19 P11D filing deadline of 6 July 2019, I thought it would be helpful to employers if I recap the exemption available for trivial benefits and what the criteria are.

Blog

Wednesday, 22 May 2019

All change for agricultural tenancies?

Yet another aspect of the Government's view for the future of the farming industry was unveiled in April with the issue of a consultation paper on proposed changes to the legislation governing agricultural tenancies.

News

Monday, 20 May 2019

New Director for Tax Department at Larking Gowen

Dominic Carter has joined Larking Gowen as Tax Director, to head up the tax team at the firm’s Ipswich office and support the tax advisory offering across the firm.

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