Blogs from Larking Gowen

Lee Green looks at HMRC’s recent guidance update about possible joint and several liability notices being issued to directors of insolvent companies that have a tax liability with HMRC. 

Jamie looks at salary sacrifice schemes for cars and the impact on pension benefits and growth.

Jamie explores the options for tax relief on cars for medical professionals, whether they are partners or salaried.

A ‘preference’ occurs when a company facing insolvency puts a specific creditor, or group of creditors, into a better position than the other creditors. A director could face personal liability if a preference has been made, which could result in the director being disqualified.

HMRC recently announced that the ‘Income Tax: basis period reform’ has been delayed until at least April 2024. This may give businesses a little more breathing space, however, if and when the reform is enacted, there are a number of matters to consider, not least the impact on cashflow.

Giles Kerkham explains how the measures announced in the Autumn Budget 2021 will impact charities and not-for-profit organisations.

The ‘Farming Investment Fund’ is due to be launched officially this autumn. Ashley discusses how the fund works and summarises the key points of interest to farmers and landowners.

James Lay shares his latest tips for selling a business with a focus on sales and marketing.  Whether you’re looking to sell your business or not, the chances are that as a business owner, you want to make more sales and make greater profits. James sets out five areas to focus on to get your business “sale ready” and differentiate yourself from the competitors.

Laurie Hill discusses The Future Farming Resilience Fund launched earlier in 2021 to support the transition within agriculture. 

James Lay's latest tips for selling a business include people as a key resource and the importance of looking after your teams, who in turn will look after your customers, who in turn will look after your business.

Corporate Transactions Partner, James Lay, sets out his latest tips for selling a business.