Blogs from Larking Gowen

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.

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

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.

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

We discuss the new Employment (Allocation of Tips) Act 2023 and how this may affect employers.

Pensioning income as a locum with NHS Pensions is more complex compared to permanent employees. We explain the steps locums can take to pension their income with NHS Pensions.

Many people are surprised to learn that they need to file a tax return, especially if they pay income tax through PAYE. With the deadline to notify HMRC looming, we explain who needs to file a return.

Since the real time reporting regime for capital gains tax on residential property came into force, we’ve seen numerous changes to deadlines, allowances and tax rates. We help you understand these changes and the rules currently in place to avoid unwanted costs or penalties.

Our medical accounting team discusses the benefits and drawbacks of medical professionals joining or forming a partnership.

As the Chancellor prepares to deliver the Autumn Budget 2024, several potential changes could impact solvent liquidations. We discuss what businesses and shareholders need to think about.

Our Digital Partner, Martin Bugg, recently chatted to Laura Buchanan from Dext, a suite of products designed to make business life easier. Read their key takeaways.

Farms and Rural Business Manager, Andrew Whiting, discusses the end of the BPS scheme and how to make a claim against this loss, with HMRC.