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Blogs from Larking Gowen

Understanding PCNs: Structure, funding and accountability

Monday, 16 December 2024

Medical accountant, Jack Mulligan, looks in detail at the preparation of Primary Care Networks (PCNs) and the preparation of PCN accounts.

Employment (Allocation of Tips) Act 2023 and status

Friday, 22 November 2024

Our employment tax specialist, Tessa Brown, discusses the allocation of tips and how this affects self-employed workers.

Cash accounting for businesses and medical practices

Wednesday, 20 November 2024

There are several significant changes to how small businesses and partnerships can prepare their accounts. We discuss the benefits of cash accounting as well as the unique needs of medical practices.

Embracing the digital journey: Why you should migrate to online accounting software

Tuesday, 12 November 2024

In this blog, I highlight some of the key steps and things you need to consider if you’re thinking of changing from manual record-keeping to online accounting software. Even if you’re not planning to listen to our podcast series, you can still benefit from these insights which summarise our chat.

 

Need to fill National Insurance gaps to 2006? Now’s the time to act

Tuesday, 12 November 2024

Laura Whitmore, manager in our Business team, urges anyone with a gap in their National Insurance contributions to take advantage of HMRC’s option to fill the gaps ahead of the April 2025 deadline.

Charities and the October 2024 Budget

Friday, 1 November 2024

Partner in our Not for Profit team, Giles Kerkham, outlines how the Budget statement will affect the charity sector.

Changes to inheritance tax – what it means for your UK farming business

Friday, 1 November 2024

Bruce Masson, Partner in our Farms & Rural Business team, looks at the changes to inheritance tax that were outlined in the Budget statement, and highlights what this will mean to those with farming businesses.

Income tax: Basis Period Reform and the agriculture sector

Tuesday, 22 October 2024

Our Farms and Rural Business team dive into the Basis Period Reform and pull out what this might mean for those in the farming sector.

The Tipping Act is now live

Wednesday, 2 October 2024

The changes to the tips legislation have left businesses in the tourism, leisure and hospitality industry with questions. We summarise common questions and responses to help you.

Trust accounts in the UK and their benefits

Tuesday, 1 October 2024

We explore the key advantages of preparing trust accounts each year and how they contribute to the effective management of a trust.

UK pension contributions: Understanding the Annual Allowance and tapering

Monday, 30 September 2024

There’s a limit to the amount you can save in your pension pot. We explain how the Annual Allowance and tapering work and how these may affect your pension.

What happens where taxes overlap? And what is agricultural land?

Thursday, 19 September 2024

We discuss what you should bear in mind about overlapping taxes when an agricultural holding comes up for sale or passes under an inheritance.

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