Blogs from Larking Gowen

A company’s purchase of its own shares can be a tax-efficient exit route for shareholders. We discuss the tax implications and what you need to consider.

Chris Bale discusses the latest on the incoming Making Tax Digital regime. He highlights the dates, pitfalls and advantages as well as how we can help.

Justyna Stanisz, tax senior in our Business Tax Advisory team, dives into the realm of R&D relief. She highlights the changes announced in the Autumn Budget and compares treatment for periods before and after 1 April 2024.

We summarise the key tax updates for medical professionals from the annual ICAEW Healthcare Conference.

The Chancellor has announced significant tax changes for independent school fees. What is the Labour government’s tax policy for private schools and what does it mean for you?

As suspected, it appears that the Labour government plans to proceed with the changes outlined in the last Budget (presented by the Conservative government) regarding wide ranging changes to the taxation of Furnished Holiday Lets (FHLs).

The Chancellor has announced the date of the first Labour Budget. We discuss what tax-raising measures might be included.

Our Medical accounting team discusses the differences between a company and a sole trader and the pros and cons of each for medical businesses.

With ever-changing tax rules, it’s easy to get it wrong, miscalculating your tax liabilities or omitting to file a return at all. If you realise you’ve made a mistake, what should you do?

In certain circumstances, employees can claim working from home tax relief. We discuss the requirements and how to make a claim.

George Crowe, Senior Manager and specialist medical accountant, looks at the new pay scales for NHS consultants. He highlights how an increase in pay could come with some unwanted tax burdens and how to make the most of personal allowances. 

Are you getting the most out of your accounting software? We explain some advantages of digital accounting.