Blogs from Larking Gowen

This afternoon, Rishi Sanuk, the Chancellor of the Exchequer delivered his first Budget. There was lots on insightful content, of which our tax experts will give their thoughts on tomorrow during our budget Review Webinar, but I wanted to highlight an announcement that affects the medical sector about the annual allowance threshold. 

Following the introduction of the new Solicitors’ Accounts Rules (SAR) on 25 November 2019, there have been concerns about the requirement of law firms to comply with SAR Rule 10, which covers the operation of a client’s own account.

Running a shoot can be very enjoyable, although it does come with a number of pressures. Making sure that there’s enough healthy game and praying for the right weather conditions are just a couple of worries, and then there are the financial commitments, such as the Minimum Wage for casual beaters on shoots.

An Information Memorandum is a document shared with parties interested in buying your business. Typically, these parties have already signed a confidentiality agreement, and this is the first time that the identity of your business is revealed.

Now that Primary Care Networks (PCN) have been up and running for several months, I’m writing a series of blogs around this topic. Part 1: The Clinical Director.

A new round of Rural Development Programme for England (RDPE) grants was announced on 4 November.

Tax considerations can be vital in a business sale. The ability to structure a sale on a tax-efficient basis is central to maximising shareholder value. A review of the position in advance of marketing a business for sale may identify opportunities which can be capitalised on or risks which can be dealt with.

When you make payments on behalf of your customers, for goods or services received and used by them, you might be able to treat these payments as ‘disbursements’ for VAT purposes. 

Falling foul of the National Minimum Wage and Living Wage rules is all too easy, and for most employers, it’s an innocent oversight that will catch them out.

Land, of any sort, is difficult to value. As accountants, we often have to value assets of one sort or another, and there are various tools that we can use to do so. However, none of these tools is particularly helpful when we look at farmland.