Monday, 10 April 2017
LG Corporate Finance is delighted to announce that its manager, Jack Minns, has achieved the Corporate Finance Diploma. The team, who are specialists in helping clients buy, sell, value and fund SME businesses, forms part of East Anglia based firm of chartered accountants, MHA Larking Gowen.
Thursday, 06 April 2017
At MHA Larking Gowen we believe charities should have specialist advisors and dedicated charity accountants, which is why we have a specific team for the sector. At MHA Larking Gowen we make a point of taking time to understand our clients’ needs and help you plan for the future.
Tuesday, 04 April 2017
While business owners are experts in running their businesses, the sale or acquisition of a company is a complex, strategic, financial and legal process that should not be underestimated. For such a crucial financial transaction, it is always best pursued with highly skilled financial and legal professionals by your side.
Monday, 03 April 2017
There has been a significant change in the focus of the Charity Commission’s guidance on reserves (CC19 – revised in 2016). The new key messages include underlying steer towards keeping reserves to address risks of ‘unplanned closures’ and to plan for the maintenance of essential services.
Friday, 31 March 2017
There are proposed changes to the national insurance system which will impact on a number of people, and in particular those who have left the UK to work overseas. The proposal is that Class 2 national insurance contributions (NIC) will be abolished.
Thursday, 30 March 2017
MHA Larking Gowen assisted in the successful sale of a 100%interest in MGP Electrical, enabling the owners to enjoy a well-deserved retirement in the knowledge that their loyal employees’ jobs were preserved and their customers would continue to be serviced to the high level they had become accustomed to.
Tuesday, 28 March 2017
MHA Larking Gowen offers tailored packages for more than 160 NHS consultants; for those who run a private practice on a self-employed basis, as well as those who are employed. We can give you general business advice and help you with your personal tax arrangements.
Monday, 27 March 2017
MHA Larking Gowen celebrates with a fond farewell to two of MHA Larking Gowen's longest term Partners as they also announce a new chairman.
Thursday, 23 March 2017
Get to know our team better! Every few months we will bring you a snapshot of one of our team members. This month we feature Corporate Finance Partner, James Lay. James has been with MHA Larking Gowen for nearly 20 years – one of many long-standing figures within the firm.
Tuesday, 21 March 2017
Consider a charity which delivers services that are funded through a blend of contracts and grant income. To comply with the Charity Statement of Recommended Practice (SORP), the year end accounts need to recognise income from service contracts to the extent that the service had been delivered, whereas grant income would generally be recognised at the point that the grant was receivable.
Monday, 20 March 2017
The Government has confirmed that it will introduce legislation to exempt charities from all but the VAT requirements of Making Tax Digital. This is welcome and will protect smaller charities and those with limited digital capability.
Thursday, 16 March 2017
Our specialist team will support you throughout the process of converting to academy status and beyond. We will guide you through the complexities of forming a multi academy trust and, once established, we will offer ongoing support.
Tuesday, 14 March 2017
Running a Bed & Breakfast business from your farmhouse can introduce some diversified income into the family and make use of some unused bedrooms.
Such an enterprise can also be tax-efficient. A farmhouse Bed & Breakfast business qualifies for the rent-a-room allowance, which has increased to £7,500 per annum from 6 April 2016. The allowance is halved if you share the income with your partner or someone else.
Thursday, 09 March 2017
With the vast majority of measures already being announced, and with very few sector specific announcements, there were no real surprises for the Not for Profit (NFP) sector in the 2017 Spring Budget. Read more to find out what changes were made and how this will affect you.
Monday, 06 March 2017
The latest organisation to harness the power of the internet is HM Revenue & Customs (HMRC), who have spent several years and a significant amount of money on systems designed to identify those who may have paid too little tax. Leading up to the latest tax return filing deadline of 31 January 2017, the system was fully deployed for the first time.
Tuesday, 21 February 2017
From April 2017 taxpayers will be able to take advantage of two new allowances, aimed at reducing the burden (of both tax and administration) for those making small amounts of money. HM Revenue & Customs (HMRC) refer to this group of taxpayers as ‘micro-entrepreneurs’.
Tuesday, 21 February 2017
At MHA Larking Gowen we help new businesses start up and flourish by being there to support them and by providing practical business advice. We also help to arrange networking events for new businesses so that they get to meet with likeminded entrepreneurs and other businesses at the start of their journey in order to share experiences and advice.
Wednesday, 15 February 2017
Congratulations to Lauren Day, who has been awarded the ACCA (Association of Chartered Certified Accountants) Gold Medal for the highest global score attained over the final tier of five professional exams.
Friday, 10 February 2017
With MHA, we have created Keeping Your Charity on the Right Track, a 12 month programme to help you improve your organisational governance in a stepped and measured way. Each month’s article covers an area of charity governance for review and leads you through good practice.
Monday, 06 February 2017
We often hear that the banks are being stress tested to determine their ongoing viability. Do you just assume that this is ‘economics’ that goes way over our heads? Actually, we can apply similar principles to all types of business.
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