Insights

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. 

Press Release

Wednesday, 20 March 2019

MHA 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. MHA 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

How does a charity balance the needs of today with the demands of tomorrow?

Welcome to month three of our publication, ‘Using Conflict as a Catalyst for Change’, a guide to help you embrace, manage and mitigate conflict within your charity. This month we focus on conflict in a charity between the needs of today with the demands of tomorrow.

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.

Press Release

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.

Blog

Tuesday, 12 March 2019

Being proactive as a business in 2019

So, we filed our 2018 tax return in January, considered some useful tax planning in February, and while we wait and see what happens with Brexit, let’s focus on being proactive in our business in 2019.

Press Release

Thursday, 07 March 2019

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

MHA 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

Thursday, 28 February 2019

Are grain stores eligible for tax relief?

The question of tax relief on grain stores has puzzled practitioners for some years. The Structures and Buildings Allowance may now be available for new buildings but relief is limited to 2% a year. 

Press Release

Wednesday, 27 February 2019

Tourism, Leisure and Hospitality Business Survey 2019 – NOW OPEN

We are pleased to announce that our 13th annual Tourism and Leisure Business Survey is live.  

Now in its 13th year, the annual tourism and leisure business survey asks all businesses from the tourism, hospitality and leisure sector to join forces and take part.

 

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. 

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.

Blog

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.

Blog

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.

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.

Blog

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?

 

Blog

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.

Blog

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. 

Blog

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%.

Blog

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.

Newsletter

Sign up to receive the latest news from MHA Larking Gowen