Blogs from Larking Gowen

From April 2026, employers must keep detailed holiday pay records for six years. Senior Payroll Manager, Dannielle Chapman, explains what’s required and how to prepare your processes now.

A practical guide from Assistant Manager, Jo Benton, for community pharmacy owners on using key performance indicators (KPIs) to monitor financial performance, optimise revenue streams, and stay in control amid ongoing NHS funding uncertainty.

Manager in our medical accounting team, Jamie Butcher, discusses the options you can take if you're considering retiring from the NHS. It's important you understand all of your options before making the decision.

Choosing the best accounting software depends on your business needs, but cloud-based solutions are usually the right fit for small businesses. With MTD in place, now is the time to go digital. With the right support, it’s easier than you might think.

If you accessed your pension before April 2024 without taking the full tax-free lump sum, a Transitional Tax-Free Amount Certificate (TTFAC) could allow you to access more tax-free cash. Director, Jan McLean, explains how the new rules work and what to consider before making further pension decisions.

When transitioning from P11D reporting to payrolling benefits in kind, there’s often an overlap that leads to double taxation. Senior Payroll Manager, Dannielle Chapman, explains why this occurs, what steps employers need to take, and how to manage the changes.

An overview of the key changes introduced under SFI26, including eligibility, application windows and funding limits. Manager, Andrew Whiting, highlights what farmers need to know to prepare and apply successfully.

VAT Director, Gillian McGill, explains what adjustments you may need to make, this impacts VAT registrations that generate exempt income and that undertake non-business activities.

Grant funding may no longer be treated as outside the scope of VAT following the Colchester Institute ruling. Instead, it could be seen as payment for services, which may affect VAT reliefs and recovery for colleges and other organisations.

Making Tax Digital for Income Tax is approaching, and medical professionals need to be prepared. This blog outlines MTD-compliant software options and what to consider when choosing the right solution for your needs.

Legally, the partners are the partnership and, unless the partnership is set up as an LLP, the partners are jointly and severally liable.

Recent updates to Making Tax Digital for Income Tax confirm penalties for missed deadlines, making it clear that landlords and self-employed individuals must continue to meet their obligations, even during periods such as maternity leave. Understanding these changes now will help you prepare effectively and stay compliant.