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Thursday, 16 May 2019

Plan ahead to reduce your inheritance tax – your will

No one likes to be reminded of the need to plan ahead with its specific implications but it’s the key to reducing the impacts of inheritance tax (IHT). The old adage that it’s ‘never too soon but often too late’ comes to mind but with expert advice, planning and guidance you can make sure your assets are protected and the family isn’t left with an excessive inheritance tax bill.

Blog

Tuesday, 14 May 2019

Have you reported your ‘employment related shares’ transactions?

Most shares or options acquired by employees or directors in a company that is, or is connected to, their employer are ‘employment related securities’ (ERS).

News

Friday, 10 May 2019

Larking Gowen reaches finals of the national awards

The shortlist for the annual Best Practice Awards has been announced today 10 May 2019 by work life balance charity Working Families

Larking Gowen has been named as a finalist in the “Best Flexible Working Initiative” award category of the Working Families’ Best Practice Awards. 

News

Friday, 03 May 2019

Business Challenge winners “on the up”!

The 2019 winners of the Larking Gowen City of Norwich Half Marathon Business Challenge have been presented with their first place cup on location with the East Anglian Air Ambulance. 

News

Friday, 03 May 2019

Latest insolvency statistics

The latest quarterly Insolvency Statistics were released on 30 April 2019. This is the first time that these statistics have been produced separately for Company Insolvencies and Personal Insolvency.

Blog

Friday, 26 April 2019

BLOG - Top 10 things to consider when valuing a business

Top 10 things to consider when valuing a business. If you’d like to explore the potential sale of your business, please get in touch.

Blog

Thursday, 25 April 2019

Insolvency Q&A part three: individuals/sole traders

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

Blog

Wednesday, 24 April 2019

Inheritance tax – protecting the family assets

Inheritance tax (IHT) is a tax that will affect many, with potentially devastating consequences. Inheritance tax is frequently talked about and still much misunderstood.

News

Tuesday, 02 April 2019

Larking Gowen sponsors Flight for Youth campaign

Larking Gowen is proud to support Norwich-based charity, The Benjamin Foundation, with its Flight for Youth campaign. The charity is celebrating 25 years helping young people, in Norfolk and Suffolk, facing homelessness and other challenges.  

Blog

Wednesday, 27 March 2019

Is your farm fit for the future?

The future for UK agriculture has been set out in the Agriculture Bill, which should pass into law later this spring. Michael Gove has referred to it as “The Fourth Agricultural Revolution” and has set out a timescale, at the end of which the UK will be farming without subsidies. 

News

Monday, 25 March 2019

Larking Gowen announces the appointment of two new partners

Lee Green, Director of Insolvency and Recovery, and Bruce Masson, Director in the firm’s long-established Farm and Landed Estates team, are to become partners, with effect from 1 April.

Blog

Monday, 25 March 2019

Solicitors year end tax planning – part 2

In part 1 of the blog, we examined three ways a solicitors firm can plan to reduce its tax liability. In this blog, and with the tax year end looming, we examine three tax-mitigating opportunities available for individual solicitors.

Blog

Wednesday, 20 March 2019

Upcoming changes to non-resident capital gains tax

The Government has passed legislation to extend the non-resident capital gains tax and non-resident corporate tax on gains net to all UK land and property, from 6 April 2019. 

News

Wednesday, 20 March 2019

Larking Gowen awarded top level status for both Xero and QuickBooks

A leading regional accountancy and business advisory firm has been awarded Platinum Partner status by cloud accounting platform Xero.  Larking Gowen, which has offices throughout Norfolk and Suffolk, now has Platinum status for both Xero and QuickBooks, which was awarded last year.

Blog

Tuesday, 19 March 2019

Solicitors year end tax planning part 1

For many solicitors firms, the end of the business year is fast drawing to a close. If results are looking better than previous years, you may be starting to think about the tax implications of a better year. We would urge solicitors firms to make plans now to mitigate these liabilities, and in this blog we discuss three key points that solicitors firms should consider before the year end.

Blog

Monday, 18 March 2019

Blog - Top 10 ways to find buyers when selling a business

If there are obvious potential buyers for your business for sale then by all means approach them. However, quite understandably, many selling a business are uncomfortable contacting buyers themselves and revealing their intentions to sell their business.

News

Wednesday, 13 March 2019

Mayday keeps it local in management buyout

The senior management team of one of the region's largest office supply companies has successfully completed a buyout of the business. Mayday Office Equipment Services, based in Norwich, has been taken over by Operations Director Karen Aldred, Commercial Director Jamie Mulhall and Sales Director Adam Northcut.

Blog

Wednesday, 13 March 2019

Your apprenticeship levy fund – Use it or lose it!

Since April 2017, employers with a pay bill of £3 million and over have been required to contribute 0.5% into their apprenticeship levy fund. Two years on, the uptake and spending of these apprenticeship levy funds has been far lower than expected, so much so that the Government is reducing the co-investment cost for small employers.

News

Thursday, 07 March 2019

Meet Jade Dye, the artist behind Larking Gowen’s Eleanor the Adventurer

Larking Gowen has commissioned an adventurous Elmer from artist Jade Dye, for this summer’s Elmer’s Big Parade Suffolk campaign in aid of St Elizabeth Hospice. “My design is inspired by my love of Fantasy art,” explains Jade Dye, who works as a web developer at the University of Suffolk

Blog

Friday, 01 March 2019

Changes to charity tax relief thresholds (2): Trading

Charities with total turnover above £200,000 can undertake non-primary purpose trading of income up to £50,000 and benefit from tax exemption (trading towards their primary charitable purpose can be at any level).

Blog

Tuesday, 26 February 2019

Beware the fraudsters – Part 3

In my previous blogs I discussed CEO fraud and vishing as two types of scams which your legal practice could fall into the trap of. In this update I look at a further scheme that legal firms should be aware of.

Blog

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.

Blog

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.

Blog

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.

Blog

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.

Blog

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. 

Blog

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. 

Blog

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.

Blog

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.

Blog

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.

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