Insights

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.

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.

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. It involves applying systems to identify potential problems, however extreme or unlikely, and then devising strategies to minimise or alleviate their effect

To be effective, charity board members must fully understand their role. This includes what they should be involved in, where the boundaries are and when they should delegate to allow management the space to run the organisation.

With the end of the tax year on the horizon, employers are starting to think about the year-end reporting requirements (and if not, perhaps should be) so I thought this the ideal time to share some FAQs.

Over 80% of all tax investigations undertaken by HMRC now follow potential leads generated by its £45 million database system, Connect, according to recent reports. The new reliance on automated systems to identify targets means that taxpayers could face an increased risk of investigation, simply for having their name thrown up by HMRC algorithms.

When acting for a potential buyer in respect of a property purchase, it is normal for a solicitor to engage with a third party to conduct searches. These will determine whether any restrictions apply over the property, and provide other relevant information of interest to the buyer.

As we enter another new year, thoughts turn to what the future will hold. For HM Revenue & Customs (HMRC) the future is a digital revolution to fundamentally change the way that tax information is collected. These changes are being referred to ‘Making Tax Digital’ (MTD).

Larking Gowen’s sponsorship of the City of Norwich Half Marathon and the Ipswich Half Marathon has led to a collaboration between the East Anglian accountancy firm and Macmillan cancer research.  Macmillan has been the official charity partner at these events since 2010 and Helen Glenholmes, Macmillan fundraising manager for East Suffolk and Waveney, is looking back at their achievements.

Larking Gowen is celebrating as receptionist, Sharon Moore, from its Fakenham office, has reached a milestone in raising money for the Cystic Fibrosis Trust. Sharon has spent the last 16 years raising money for the Trust and has hit her target of raising £50,000 – four years early! Sharon, who started supporting the charity when her cousin who was born with the disease turned 18, has no plans to stop fundraising.

Larking Gowen Corporate Finance have been awarded Best East Anglian Deal Makers 2016 in the Acquisition International Magazine 2016 M&A Awards.