Blogs from Larking Gowen

Our blog discusses proposed amendments to financial reporting standards, FRS 102, with significant changes to leases and revenue. How will these changes affect your entity and when will they apply?

Changes have been made to Making Tax Digital which will affect many more people who submit a self assessment tax return. Read our blog to see if you’re affected and when you need to comply.

Our Legal accounting team examines the SRA’s new case studies to help firms comply with the SRA Accounts Rules and provides some action points for law firms.

Read our ten year-end tax planning points to consider before 5 April 2023.

How will Spring Budget 2023 changes to the annual allowance and lifetime allowance affect members of the NHS pension scheme?

The Spring Budget 2023 was an opportunity for the Chancellor to provide an update on the economic progress made from policies set out in the Autumn 2022 Statement, and to announce new tax measures and spending plans. Our blog summarises the key findings.

Louise highlights a number of things that medical practices can do to make sure that the annual accounts preparation runs smoothly and to reduce the number of queries the accountant may ask.

Medical specialist partner, Lizzy Lloyd, highlights important issues regarding the NHS Pension Scheme and calculation of the annual allowance pensions tax charge for 2022/23. If you are in the NHS Pension Scheme, then you must act now to mitigate possible increased tax charges.

Our legal specialist team discusses how law firms can analyse time to add value and increase efficiency while saving time and money.

One of the VAT reliefs that charities can benefit from is zero rating the construction of new builds. However, it can be difficult to meet the conditions, as highlighted in a recent case involving Paradise Wildlife Park.

If farmers collaborate, such as sharing land, or reduce their activity as they grow older, is their farmhouse eligible for Agricultural Property Relief (APR)? A recent farmhouse case may provide the answer.

The All-Party Parliamentary Group for Inheritance & Intergenerational Fairness recently issued a report suggesting a far-reaching reform of inheritance tax (IHT). These reforms are likely to have an impact on the tax affairs of most UK individuals and trusts.