Blogs from Larking Gowen

Charities need reserves, but can they hold too much? Director, Chris Yeates, explores why trustees should review their reserves policies and how over-accumulation can reduce impact, raise concerns, or attract regulatory attention.

A new government scheme lets individuals and businesses repay wrongly claimed COVID-19 support without penalty before December 2025. Partner, Lee Green, explains what’s covered, the risks of not acting, and how Larking Gowen can help with voluntary repayments or insolvency concerns.

Chris Yeates discusses the Government’s confirmed increases to key charity financial thresholds, including a rise in the audit threshold. The changes, effective from 30 September 2026, aim to ease the regulatory burden on smaller charities.

Director, Chris Yeates outlines the key steps involved in forming a charity, from defining your purpose and choosing a legal structure. Chris also highlights common pitfalls and practical advice to help ensure your charity is set up for long-term success.

Director, James Rix, explains what a holding company is, when and how to set one up, and the main advantages. It outlines why many businesses consider this structure to protect assets, plan for succession, and prepare for growth, sale or investment.

Senior Manager, George Crowe, explains the benefits of being in the NHS Pension Scheme, including defined benefits, tax relief, and death in service support. It also outlines the consequences of opting out, such as reduced pension growth, lost benefits, and tax implications. A useful guide for NHS professionals making decisions about their pension.

Director, Ben Greves, explains the importance of tax due diligence in UK mergers, acquisitions, and investment deals. Highlighting the risks of non-compliance, how due diligence supports better deal structuring, and the benefits it brings to both buyers and sellers.

Jo Benton talks you through why financial forecasting is essential for pharmacists and locums. Learn what to include, how to build a forecast, and how it can help you plan for the future.

New HMRC and Insolvency Service powers give directors more responsibility than ever. Lee Green, Partner in our Insolvency and Recovery team, discusses what’s changed and how to protect yourself if your business is in financial difficulty.

A practical look at common Gift Aid mistakes that can lead to rejected claims or lost income for charities. Partner, Andrew Robinson overs eligibility conditions, documentation requirements, and key pitfalls like auctions, raffles and sponsored events.

Senior Payroll Manager, Dannielle Chapman, explains what the Apprenticeship Levy is, who it applies to, how it’s calculated, and how employers can use the funds. She also outlines additional rules and guidance for connected companies and those outside England.

James Card, Manager in our Private Client, Trusts and Probate team, provides an overview of HMRC’s Let Property Campaign for landlords with undeclared rental income. Learn how the process works, the benefits of acting early, and the risks of not disclosing.