Insights

Press Release

Thursday, 19 April 2018

Independent Survey shows East Anglia’s tourism industry shines brightly, against a backdrop of rising costs and longer hours for owners can it be sustained?

Some 300 tourism businesses completed the Tourism and Leisure Business Survey, co-ordinated by MHA Larking Gowen - Chartered Accountants and Business Advisors. The survey enables voices from Norfolk, Suffolk and Essex’s tourism sector to be heard. Read the results here

Blog

Friday, 13 April 2018

Blog - Top 10 common mistakes when selling a business

It’s not unusual for buyers to identify specific sellers and make offers. This is known as an off-market approach. It is often flattering for a seller, who may have not been thinking about a sale but is intrigued to explore it further.

Blog

Thursday, 05 April 2018

The future of UK farming

In February the Government published a consultation document entitled “Health and harmony: the future for food, farming and the environment in a Green Brexit.” The document runs to 64 pages and sets out possible options for the future of UK farming over the next generation. It should be regarded as compulsory reading (The NFU have produced a more manageable 14-page summary).

Blog

Thursday, 05 April 2018

Spring statement 2018

At this time of year, we accountants are usually getting excited by the annual Budget, poring over the small print to make sure our clients aren’t paying too much tax, and hurriedly trying to put things in place before 5 April.

Press Release

Wednesday, 04 April 2018

MHA Larking Gowen join the early bird herd

Chartered accountants MHA Larking Gowen have announced that they have joined Elmer’s Big Parade. The trail of 50 large and 100 small Elmers will hope to raise vital funds for St Elizabeth Hospice and arrives in Ipswich in 2019.

News

Tuesday, 03 April 2018

MHA Larking Gowen LLP

LLP’s have been around for some time now so it begs the question why MHA Larking Gowen has chosen now to convert?

There are three main reasons, read more to find out why. 

Blog

Tuesday, 03 April 2018

Employment tax changes – what employers need to know

As one tax tear ends and another begins, there are employment tax issues that employers need to be thinking about. My previous blog covered reporting requirements for employment related securities. In this blog, I’ll look at some changes in legislation.

Blog

Thursday, 29 March 2018

Are you happy to pay more tax?

I’m guessing that most people’s answer to this is no. However, if you don’t plan to receive your income in the most tax efficient manner, you may well end up paying more.

Whilst time is short to get things changed prior to 5 April 2018, a review now may save tax in 2018/2019.

Blog

Thursday, 29 March 2018

Employment related securities – what do employers need to report?

In the lead-up to 5 April each year there are plenty of employment tax issues to be thinking about, both in relation to reporting requirements for the tax year now ending as well as the legislative changes going forward. One area that employers need to consider is that of employment related securities.

Blog

Wednesday, 28 March 2018

Should our charity consider collaborative working?

As many charities are facing increasing pressure on their traditional sources of income they need to be innovative in either finding new sources of income or different ways to operate more efficiently. Read our blog to see how working with other charities could help.

Press Release

Wednesday, 28 March 2018

MHA Larking Gowen shortlisted for Tolley’s Taxation Award 2018 ‘Best Tax practice in a regional firm’ category

MHA Larking Gowen are delighted to announce that their Tax Advisory Group have today been shortlisted for an award in the category of Best Tax Practice in a regional firm at this year’s national Tolley’s Taxation Awards.

Blog

Thursday, 22 March 2018

VAT in the motor trade – consignment stocks

VAT is an increasingly complex tax, particularly in the motor trade where mistakes can be costly due to the high unit values involved. HMRC continue to target motor dealers using specially trained officers, so it’s always worth reviewing your VAT accounting.

Blog

Friday, 16 March 2018

BLOG - Professional clerking in the academy sector

With the spotlight on governance it’s easy to overlook the clerk, who can be a vital resource, supporting the effective functioning of the governing body. The voluntary nature of governance makes the role all the more important as it provides a vital link to administrative, organisational and advisory support; contributing to the efficiency, effectiveness, productivity and compliance of the governing body.

Blog

Thursday, 15 March 2018

Blog - IT sector deal activity at its peak

Information technology (IT) continues to be one of the fastest growing industries in the world. It affects every other industry as most good businesses rely on IT to function smoothly and efficiently.

Blog

Friday, 09 March 2018

Why is reputation important for a charity?

By now, everyone will have seen the reports about Oxfam, and the resulting damage to its reputation. Donations to Oxfam have certainly been hit but it appears that donations to charities in general may fall as the public’s mistrust of charities increases.  

Blog

Tuesday, 06 March 2018

Spring clean your finances

With Christmas a distant memory, and January and February out of the way, we can look forward to spring with renewed optimism. The depressing dark days are behind us and we’ve got over ‘Blue Monday’. What else can we do to brighten the outlook? What do you need to start thinking about in terms of tax affairs?

Blog

Monday, 26 February 2018

Financing options for legal firms

Is your firm’s cash under strain? Are you hoping to invest in improvements but don’t have the ready cash? Do you have a retirement looming? What are your options?

News

Wednesday, 21 February 2018

Time is running out to be a part of the 2018 tourism survey

We are looking for feedback from hundreds of tourism, leisure and hospitality businesses across Norfolk, Suffolk and Essex.

Blog

Thursday, 15 February 2018

Should charities ever refuse or return a donation?

With charities under increasing public scrutiny, there is added pressure to be seen to be ‘doing the right thing’ by potential donors. The recent high-profile allegations against the Presidents Club have resulted in some charities returning donations received from the Presidents Club Charitable Trust.   The Charity Commission has issued a news story on this area called Returning Money to Charities.

Blog

Friday, 09 February 2018

Clarified guidance for museums and galleries exhibition tax relief

The Museums and Galleries Exhibition tax relief (MGETR) is now law and fully in effect. HMRC have updated their guidance so we also know more about how it works.

Blog

Thursday, 08 February 2018

Important information for farmers

New small grants government initiative announced for farmers – claim window 7 February – 14 March 2018

Blog

Tuesday, 06 February 2018

Internal financial controls for charities

Trustees have a duty to safeguard charity assets and to make sure resources are used wisely. A good system of internal financial controls is key to this. Sound internal financial controls can reduce the risk of loss through theft, fraud, bad decisions or error.

Blog

Friday, 02 February 2018

The future is bright for business sales

The results have just been released for the levels of business sales in 2017 and, despite a national 5.5% downturn in the number of completed deals, 2017 proved to be another busy year for the Corporate Finance team at MHA Larking Gowen.  

Blog

Thursday, 01 February 2018

Charity subsidiary profits

Changes to accounting rules – will your charity need a deed of covenant?

Charities with subsidiary companies need to understand changes to accounting rules that were announced by the Financial Reporting Council in December 2017. They may have to create a deed of covenant to allow the accounts to show the gift of that year’s profits from subsidiary to the parent charity.

Press Release

Monday, 22 January 2018

Tourism, hospitality and leisure business survey 2018 launched

We are pleased to announce that our 12th annual Tourism and Leisure Business Survey is live.  

Now in its 12th year, the annual tourism and leisure business survey asks all business from the tourism, hospitality and leisure sector to join forces and take part.

 

News

Monday, 22 January 2018

EAT Food and Drink Awards 2018

The EAT Suffolk Food & Drink Awards 2018 are now open for entries! We're proud sponsors of the 'Best Independent Food & Drink Retailer' category. Awards are open for entries until midnight 4 March visit www.suffolkfada.co.uk for more information.

Blog

Friday, 19 January 2018

Finding new trustees

Recognising the work The Charity Commission is undertaking to upskill both trustees and increased standards and governance throughout the sector, we have focused our 2018 publication on trustees.

With MHA we have created 11 Key Steps for Trustees, 1 Giant Leap for Your Charity. Each month we will look at a different issue, month 1 focuses on the recruitment of trustees.

Blog

Thursday, 18 January 2018

Strategic planning for law firms (and others) – 2018-style

How can professional firms manage change? Read our blog and access a simple self-assessment matrix to see if your organisation is ready to face change.

Blog

Tuesday, 16 January 2018

Carillion liquidation could trigger further insolvencies

The UK construction giant Carillion was placed into compulsory liquidation on 15 January 2018, threatening the jobs of more than 43,000 employees worldwide. Could this affect your business?

Blog

Monday, 15 January 2018

Rebranding your business

The aim of a rebrand is to breathe new life into a business or product, but it has to be done with a real focus on strategy.

What is a brand and how can you create a new brand? What unique challenges do small businesses face in developing or updating a brand?

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