Blogs from Larking Gowen

Why you should be thinking about inheritance tax
Friday, 11 August 2023
As more estates fall into the realms of paying inheritance tax, how can you maximise what you leave for those you hold close?

PAYE settlement agreements for 2023/24
Thursday, 27 July 2023
In this blog, Tessa briefly highlights some of the benefits of having a PSA in place, how they work and what they can offer.

VAT, partial exemption and the annual adjustment for GP practices
Monday, 17 July 2023
GP practices need to treat VAT in the same way as any other business. Our medical accounts team explains what you need to consider.

Changes to the 2023/24 GMS contract for GPs and what will this mean for profits?
Tuesday, 11 July 2023
Our medical accounting team discusses the recently announced details of the GMS contract and the effect on GPs’ living costs and budgets.

Thinking about selling a rental property?
Monday, 10 July 2023
Recent changes to the annual allowance are resulting in landlords paying more capital gains tax when selling a buy-to-let property. We discuss the changes and the reporting deadline which could result in penalties if missed.

Have you checked your overseas assets, income or gains for tax purposes?
Monday, 3 July 2023
If you receive a letter from HMRC stating you may have received overseas income or gains which are taxable in the UK, what should you do? We highlight some common errors on tax returns.

What if my employer enters liquidation?
Monday, 26 June 2023
Being made redundant as part of insolvency can be a hugely distressing time for you and your family, leaving you with many questions. What does this all mean for you and how can you get the money you’re owed?

What is liquidation?
Monday, 19 June 2023
Our Insolvency & Recovery team discusses the differences between solvent and insolvent liquidation and the role of the liquidator.

Overseas income disclosure to HMRC
Wednesday, 7 June 2023
If you have income from overseas, you likely have to disclose this to HMRC, even if you don’t bring it into the UK. HMRC are sending nudge letters to individuals who have offshore income they haven’t reported as they may need to pay UK tax.

Can you still claim working from home tax relief from 22/23 tax year onwards?
Friday, 2 June 2023
Yinchao highlights the tax reliefs that can be claimed when working from home.

Salary, dividend or both?
Thursday, 1 June 2023
We discuss tax considerations for new limited companies.

Tax implications of garden offices
Tuesday, 23 May 2023
If you’re thinking of building a garden office, you may be wondering if you can get tax relief. The simple answer is yes, but it isn’t as tax effective as you may think. What can you claim and what are the tax implications?
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