Insights

Blog

Tuesday, 07 August 2018

HMRC’s crackdown on card payments

HMRC have been targeting restaurant and takeaway businesses as they believe they are more likely than most to under-declare income. 

News

Monday, 06 August 2018

Insolvency in numbers - individual insolvencies reach a six year high

The Insolvency Service have released the latest data on company and individual insolvency numbers in England & Wales. The statistics cover the period from April to June 2018 (Q2 2018).

Blog

Monday, 06 August 2018

Blog - Top 10 tips to maximise the value of your business

Place yourself in a buyer’s shoes; what aspects of your business really stand out and make it attractive for them to buy? It could be such things as intellectual property, product or service benefits, locations, brand and reputation, price point, market knowledge and customer service levels.

Press Release

Friday, 03 August 2018

Recognition for local accountants in Rural Business Awards

East Anglian accountants and business advisors, MHA Larking Gowen, has been shortlisted in the Best Rural Professional Services category of the Rural Business Awards for the eastern region.

News

Wednesday, 01 August 2018

Big news in the motor sector this week

HMRC have issued Brief 7 (2018) confirming the VAT position when contributions are made by motor dealers towards the price of a customer’s car.

Blog

Tuesday, 24 July 2018

Preparing for a new world in agriculture

Following the conclusion of the “Health and Harmony” consultation the Government will, amongst other minor issues on its agenda, “introduce an Agriculture Bill that breaks from the CAP, providing the United Kingdom with the ability to set out a domestic policy that will stand the test of time.”

Blog

Monday, 23 July 2018

No compromise on legal action for business, warns HMRC

HM Revenue & Customs’ (HMRC) Executive Chairman Edward Troup has warned taxpayers that HMRC will not compromise when taking legal action against them.

Press Release

Friday, 20 July 2018

Press release - MHA Larking Gowen Ranks Joint First in Mergers & Acquisitions League Table

The Experian Mergers & Acquisitions (M&A) report for the first 6 months of 2018 ranked MHA Larking Gowen’s Corporate Finance team joint first in the region.

Blog

Wednesday, 11 July 2018

Is it too soon for lawyers to consider Making Tax Digital for VAT?

If you’re compulsorily VAT registered, from 1 April 2019, your business must comply with new Making Tax Digital for VAT rules or potentially face fines of up to 15% of your annual VAT bill under the default surcharge regime.

Read on to find out what you should be doing now to prepare for the transition.

 

Blog

Wednesday, 11 July 2018

Blog - Domiciliary care sector sees unexpected growth

Recent research demonstrated an above average level of new care agencies opening their doors for business. This unprecedented level of “fresh blood” to the sector is positive news amongst the doom and gloom we have seen recently in the media. Research indicates the county of Hertfordshire alone saw a staggering 68% increase in the number of new providers to the area within the last 6-12 months.

Successes

Wednesday, 11 July 2018

Case study - Onestream Limited

MHA Larking Gowen assisted Digital Phone Company, East Anglia’s longest established and largest independent phone retailer with the sale of Onestream, the company’s business-to-business operations.

Blog

Tuesday, 10 July 2018

Changes to the tax relief on mortgage interest for landlords

From April 2017, there were significant changes to the tax relief you can get for mortgage interest on property lettings.

What are the changes and how will they affect landlords? Read our blog to find out.

Blog

Monday, 09 July 2018

Charity campaigning, lobbying and political activity

There are some charities that have always embraced campaigning as an important aspect of their work. Others have just started such activities more recently. At a time of funding austerity, campaigning can be a highly effective way for a charity to achieve its charitable aims and protect the rights of their beneficiaries.

Press Release

Saturday, 07 July 2018

MHA Larking Gowen Proud Sponsor of Famous Norwich Road Race

The 23rd Lord Mayor’s 5K City Centre Classic Road Race took place in Norwich this weekend, with a record-breaking number of participants. Sponsored for the first time by chartered accountants, MHA Larking Gowen, the race was set up in 1996, and has a reputation as one of the toughest on the UK race circuit, attracting top athletes from the county, and around the UK.

Blog

Friday, 06 July 2018

The tax consequences of farm diversification

In our recent blog we looked at some of the ways farmers could diversify, such as property rental, tourism activities or contract or organic farming.

This blog will explain some of the possible tax implications of these common diversification methods.

Blog

Thursday, 05 July 2018

Making Tax Digital – what are the implications for you?

I’m sure you’ve all heard of the Government’s plans for Making Tax Digital (MTD) but do you know the implications for you? I suspect that many small businesses are painfully unaware of how MTD might impact on their business administration in the foreseeable future.

Successes

Thursday, 05 July 2018

Case study - M.P. (Eastern) Limited - Business Sale

M.P. (Eastern) Limited provides anodising and electroplating services to a variety of industries including oil & gas, aerospace & defence, automotive, packaging machinery and general engineering industries throughout the UK and internationally.

Press Release

Thursday, 21 June 2018

Graduation success for MHA Larking Gowen employees

One of MHA Larking Gowen’s core values, ‘Passion for our people’, is the driving force behind the MHA Larking Gowen Leadership Development Programme, which saw participants graduate on Wednesday 20 June. 

Press Release

Thursday, 21 June 2018

AISMA appoints two new board members

The Association of Independent Specialist Medical Accountants (AISMA), the national network of accountancy firms specialising in the healthcare sector, has appointed Jim Duggan and Lizzy Lloyd to its executive board.

Blog

Thursday, 21 June 2018

Total Income From Farming 2017 – good news or bad?

Figures released by DEFRA at the beginning of May showed that Total Income from Farming (TIFF) in the UK is estimated at £5.7 billion. 

Blog

Thursday, 21 June 2018

Offshore tax evasion: HMRC close the net!

HMRC are introducing a new legal ‘requirement to correct’ undeclared UK tax liabilities on offshore matters or transfers by 30 September 2018.  If you have something to declare to HMRC then don’t wait.  Act on it now by either getting in contact with us, or getting in contact with HMRC directly. 

Blog

Tuesday, 19 June 2018

What are the tax implications for trading charities?

Charities are associated with giving, but most also actively trade. Charities have no general exemption from tax and pay some taxes at the same rate as businesses. However, there are specific measures that reduce the burden, especially for tax on profits (corporation tax).

How can charities make sure that the right structures are in place to achieve efficient tax compliance?

Blog

Monday, 18 June 2018

How to avoid late filing penalties on capital gains tax

Capital gains tax (CGT) gets reported on your self-assessment tax return for the year. The filing deadline and due date for payment is 31 January following the end of the tax year. So, with the deadline following standard self-assessment procedures, why are so many non-residents being hit with late filing penalties?

News

Monday, 18 June 2018

Meet the team - Richard Proctor

Meet the team, Richard proctor. Find out more here.

Blog

Wednesday, 13 June 2018

Blog - Private paying clients supporting the future success of the care sector

Residential care homes and domiciliary care providers both take some of the pressure off the NHS by offering much more complex care solutions across a wider acuity spectrum

News

Tuesday, 12 June 2018

More high street misery

2018 is proving a very costly year for some major high street shops and brands. The papers reported yesterday that “Poundworld” have entered Administration putting some 350+ stores and over 5000 jobs at risk.

Blog

Wednesday, 06 June 2018

Cryptocurrency

Are you confused and befuddled by the talk of cryptocurrencies? I must say that I am/was definitely confused by the concept, but I have no doubt that the whole idea will develop over the coming years and it will be as normal as Pounds and Euro’s.

News

Thursday, 31 May 2018

Manufacturing and Engineering Newsletter – The Engine

The Engine Issue 1 has articles containing information on: becoming the Manufacturing Employer of Choice, Research & Development Tax incentives, succession issues for family owned businesses, company cars and the affect of Brexit on manufacturers that retail directly to customers.

Blog

Tuesday, 29 May 2018

Beware the fraudsters – Part 2

In my previous blog I discussed how a legal firm could fall foul to CEO fraud through information fraudsters can find on social media sites. In this update I’m going to look at another scheme that members in a legal firm can be tricked into.

Blog

Friday, 25 May 2018

Farmers – ever thought about diversifying?

It’s a question I’m sure many farmers ask themselves at some point … should I consider doing something different? If you love farming then I’m sure the answer is a quick and confident no, but should it be?

Newsletter

Sign up to receive the latest news from MHA Larking Gowen