Insights

Blog

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).

Blog

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.

Blog

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. 

Blog

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.

Blog

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.

Blog

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.

Blog

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.

Blog

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.

News

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.

Blog

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.

Blog

Friday, 23 November 2018

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

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

Press Release

Friday, 23 November 2018

Larking Gowen proud sponsors of initiative celebrating 100 of Suffolk’s most inspirational women

MHA Larking Gowen has joined businesses across the region to support ‘Inspiring Women’ – an initiative by the East Anglian Daily Times to honour 100 inspirational Suffolk women, as part of celebrations marking 100 years of votes for women.

Blog

Friday, 16 November 2018

New pricing transparency rules for solicitors – are you ready?

New rules on pricing transparency for solicitors have been published, and come into effect on 6 December 2018. The rules have been put in place following recommendations from the Competition and Markets Authority. Firms that fail to meet the requirements could face disciplinary action.

Press Release

Friday, 09 November 2018

Funding boost for Norfolk community and charity sector

MHA Larking Gowen LLP is delighted with the announcement that Norfolk ProHelp has secured significant funding, as well as new sponsorship. Norfolk ProHelp provides free professional and strategic advice to charities and community interest groups throughout Norfolk.  Julie Grimmer, Partner at MHA Larking Gowen LLP, acts as voluntary Chair for the organisation.

Blog

Thursday, 08 November 2018

HMRC spend on tax investigations brings in even higher returns

New data shows that HMRC’s tax take has been bolstered by more successful investigations into individuals and SMEs. The investigation units that focus on those small businesses and individuals collected £16 extra in taxes for every £1 spent on their investigatory staff in 2016/17, up on the £15 collected the year before.

Blog

Thursday, 08 November 2018

A millennial's take on financial lingo

A recent accountancy survey highlighted that 60% of college and university students can’t explain terms like: ISA, bonds, shorting, hedge funds, index tracker fund and derivatives.

Press Release

Monday, 05 November 2018

Ipswich East member named Event Organiser of the Year

Rotarian John Button of the Ipswich East Rotary Club (pictured on the right in photo above) has received the award of Event Organiser of the Year from Community Action Suffolk. Community Action Suffolk champions community action in Suffolk by supporting the voluntary, community and social enterprise sector in its work

Blog

Monday, 05 November 2018

Tax tips

When it comes to personal tax, there are always issues that get us accountants excited (well relatively!). Three current hot topics are: Claiming for tax deduction of clothing, Making Tax Digital (MTD) and VAT campaign  reduce the VAT rate in the hospitality and tourism industries.

Blog

Friday, 02 November 2018

Autumn Budget Summary

The Chancellor delivered his Budget speech this week and what a speech it was! There were new taxes introduced, threshold amendments, brilliant-one liners and more. 

Blog

Thursday, 01 November 2018

Trust registration service – round two!

The trust registration service (TRS) last year caused all sorts of issues. So, we’re disappointed that the scope of the existing Trust Register is to be extended in 2020 by yet another EU directive.

Blog

Wednesday, 31 October 2018

Charity fundraising – what are a trustee’s responsibilities?

Fundraising is difficult, especially with more and more demand on donors’ income. However, there are opportunities; 70% of potential donors indicated they would be more inclined to give to a charity if they knew how their money was directly helping.

Blog

Wednesday, 31 October 2018

Preliminary thoughts on Budget 2018

Most of the immediate reaction to Phillip Hammond's 2018 Budget statement dwelt on the headline grabbing increase in personal allowances and the question of whether or not the Budget marked an end to austerity.

News

Tuesday, 30 October 2018

Autumn 2018 Budget Summary

How will the Budget affect you?

Download our Budget Summary and Tax Rates, which explain the important changes.

Blog

Tuesday, 30 October 2018

What does the Autumn Budget mean for the world of insolvency?

You may have read a Budget summary and have a good idea of the key policies that are set to affect the UK. However, less reported are the impending changes that will affect the insolvency landscape.

Blog

Monday, 29 October 2018

Solicitors Accounts Rules – overcoming problems

In my recent blog, Solicitors and SAR audits – common problems, I discussed some common problems I’d noticed in this year’s SAR audits. Here, I’ll discuss how to tackle other key issues.

Blog

Friday, 26 October 2018

Possible Budget changes - Capital Gains Tax Entrepreneurs’ Relief

Given the current political situation and the furore caused by the removal of the Business Asset Taper Relief (BATR) in 2008, it may be a surprise if Capital Gains Tax Entrepreneurs’ Relief (ER)  is abolished next week. However, don’t rule out some tinkering with the existing rules.

Blog

Wednesday, 24 October 2018

Making Tax Digital – delay for some VAT businesses

We previously reported that from 1 April 2019, VAT registered businesses with a turnover above the VAT registration threshold (currently £85,000) will be required to keep digital records, and submit their VAT returns via the Making Tax Digital for Businesses (MTDfB) system.

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