Shows
Larking Gowen Insights2025 Budget - it's impact on businessesAutumn Budget 2025 - Key Changes for Businesses Gllian McGill and Dominic Carter discuss the 2025 budget's impact on businesses, focusing on changes to employee ownership trusts and share-for-share exchanges. They explore the implications of new tax regulations, including the reduction of CGT exemptions for employee ownership trusts and the introduction of electronic invoicing. The conversation also touches on VAT changes and the potential for zero-rating land for social housing development. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk...
2025-12-0131 min
Larking Gowen InsightsMaximising expense claims for GPsLouise Dean and Jamie Butcher explore the complexities of expense claims for GPs, breaking down what can and cannot be claimed for tax purposes. They discuss key areas including taxable income, state pensions, home office costs, professional subscriptions, equipment purchases, motoring expenses, and the growing implications of owning electric vehicles. They highlight the importance of understanding tax codes and provides practical guidance to help GPs make the most of legitimate claims while staying compliant with HMRC rules. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email...
2025-11-1124 min
Larking Gowen InsightsNHS 10 year plan. What happens next? With Rob Day from Mills & Reeve Join Andrew Burwood from Larking Gowen and Rob Day from Mills and Reeve as they delve into the NHS 10-year plan and its implications for the future of healthcare. This episode covers key trends over the past decade, the challenges faced by GP practices, and the ambitious goals set out in the plan. Discover insights into the evolving landscape of primary care, the role of technology, and the potential for public-private partnerships. Tune in to understand how these changes might impact healthcare delivery and what it means for practitioners and patients alike. Please note that part of...
2025-11-0657 min
Larking Gowen InsightsThe complex world of SDLT explainedVAT Director Gillian McGill and Tax Partner Dominic Carter unpack the complexities of stamp duty land tax (SDLT), focusing on why this everyday tax can become unexpectedly complicated. They explore the different rates for residential and non-residential property, the additional dwelling surcharge, and how trusts, joint ownership, and corporate structures affect liability. With SDLT hitting headlines again, they examine why even routine transactions can carry hidden risks. They also explain why specialist advice is often essential, especially with recent changes to reliefs like multiple dwellings relief (MDR) and rising property values pushing more transactions into higher tax...
2025-09-1219 min
Idomen, or The Vale of Yumuri18 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2622 minIdomen, or The Vale of Yumuri17 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2616 minIdomen, or The Vale of Yumuri16 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2615 minIdomen, or The Vale of Yumuri15 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2627 minIdomen, or The Vale of Yumuri14 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2623 minIdomen, or The Vale of Yumuri13 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2623 minIdomen, or The Vale of Yumuri12 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2622 minIdomen, or The Vale of Yumuri11 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2623 minIdomen, or The Vale of Yumuri10 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2623 minIdomen, or The Vale of Yumuri09 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2621 minIdomen, or The Vale of Yumuri08 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2622 minIdomen, or The Vale of Yumuri07 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2623 minIdomen, or The Vale of Yumuri06 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2625 minIdomen, or The Vale of Yumuri05 - Idomen, or The Vale of Yumuri by Maria Gowen BrooksIdomen (1843) is an evocative memoir by the American poetess Maria Gowen Brooks, whose literary prowess earned her comparisons to the likes of Byron and Swinburne in the 19th century. This memoir delves into a devastating love affair that she experienced while journeying in Canada with her young son after the death of her elderly husband. The heartbreak that ensues leads Brooks to the brink of despair, culminating in suicide attempts that she narrates with a Byronic flair for the masochistic. In the memoir, she adopts the pseudonym Idomen, a Greek phrase meaning we shall see. After the publication of Idomen...
2025-07-2615 min
Larking Gowen InsightsNHS pensions - The remedial pension saving statements George Crowe and Abi Davis discuss NHS pensions, focusing on the remedial pension saving statements and the implications of the McCloud remedy. They explain who should receive these statements, the reasons behind receiving them, and how to interpret the information provided. They also covers the necessary actions to take after receiving a statement, including reporting tax charges and utilising the cost claim back scheme for professional advice. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit l...
2025-07-0124 min
Larking Gowen InsightsHMRC latest – Reflections on the Spring Budget and Corporate Tax RoadmapVAT Director Gillian McGill and Tax Partner Dominic Carter discuss the latest updates from HMRC focusing on corporation tax measures, transfer pricing, permanent establishment, diverted profits tax, payrolling benefits in kind, and the implications of changes to the capital goods scheme for VAT. They also touch on the future of electronic invoicing and the government's commitment to reducing paperwork in taxation. They highlight the importance of understanding these changes for businesses and the ongoing consultations HMRC allow for stakeholder input. GET IN TOUCH! If you have any questions about today's episode or would like us to get...
2025-07-0128 min
Tourism Business ChatNavigating the Future of Tourism – with Steve Magnall, Adam Goymour and Philip Turner. Tourism Business Survey specialRecorded live on 12 June 2025 as part of the Tourism Business Survey results seminar, Chris Scargill hosted a panel conversation with Steve Magnall, MD of Two Magpies Bakery, Adam Goymour MD of Goymour Group, and Philip Turner, MD of Chestnut Group. The conversation explored the challenges and strategies faced by businesses in the tourism sector, particularly in relation to employment costs, consumer behavior, and economic pressures. The panel give personal insight into the importance of training and maintaining customer confidence while navigating pricing strategies. They also highlighting the need for resilience and innovation and the importance of collaboration...
2025-07-011h 00
Tourism Business ChatBe the Destination: Insights from Philip Turner on Growth, Community, and Tourism"If you can't BE the destination, be the destination WITHIN the destination" so says Philip Turner, founder and owner of Chestnut Group, and keynote speaker the 2025 Larking Gowen Tourism Business Survey results seminar, held on 12 June in Norwich. If you missed being there on the day, let this special episode of Tourism Business Chat take you into the room where it happened, and hear Philip cover everything from his backstory, to his approach to growth and investment, staying as an East Anglian business, the importance of the relationship with your bank, the power hospitality holds in communities...
2025-06-3046 min
Larking Gowen InsightsEMERGENCY FUNDcast - SORP's Up: Navigating charity financial reporting changes Not for Profit specialists Giles Kerkham and Emma Hayward discuss proposed changes to the Charity SORP 2026 Consultation, detailing the timeline, key themes, and significant changes in reporting requirements for charities. They highlight the introduction of a three-tier model for income thresholds, enhancements in the trustees' report, and the implications of new financial reporting standards, including revenue recognition and lease accounting. They also emphasise the importance of feedback from charities and provide guidance on how to prepare for these changes. GET IN TOUCH! If you have any questions about today's episode or would like us to get in...
2025-05-0230 min
Larking Gowen InsightsNavigating Contract Changes in General Practice Andrew and Louise discuss the recent changes in contracts affecting general practices, focusing on financial implications, global sum uplifts, enhanced services, and the impact of QOF changes. They also cover maternity and sickness allowances, PCN funding, and the challenges posed by increased employers' national insurance and staff costs. The conversation emphasises the importance of budgeting and financial planning for practices while looking ahead to the future of primary care networks. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or...
2025-04-2333 min
Larking Gowen InsightsUnderstanding VAT and SDLT in property dealsDominic Carter and Gillian McGill discuss the complexities of taxation for property purchases, focusing on VAT implications, stamp duty land tax (SDLT), and the annual tax on enveloped dwellings (ATED). They emphasise the importance of understanding the nature of property acquisitions, the differences between commercial and residential properties, and the tax implications of corporate versus individual ownership. They also highlight changes in SDLT and the necessity of seeking professional advice to navigate the intricate tax landscape. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch...
2025-04-0226 min
Larking Gowen InsightsUnderstanding your NHS pension: the McCloud impactIn this episode, Andrew Burwood and Louise Dean, discuss the implications of the McCloud judgment on NHS pension scheme members. They explore who is affected, the communication process from NHS pensions, the differences in pension growth between legacy and new schemes, and the importance of seeking professional advice. They also cover options for managing tax charges and the costs associated with professional guidance. GET IN TOUCH! If you have any questions about today's episode or would like us to get in touch, email us at marketing@larking-gowen.co.uk or visit larking-gowen.co.uk We'd...
2025-03-3132 min
Larking Gowen InsightsNavigating Tax Changes for Farmers - Autumn Farming Conference special pt. 3In the final Autumn Farming Conference special, Alan Boswell Group, insurers and financial planners, and Bruce Masson present on recent tax changes announced during the UK Budget, particularly in relation to the impact of national insurance and capital gains tax changes. They also discuss furnished holiday lets and inheritance tax (IHT) including the new £1 million threshold. The experts provide insights into trusts, insurance products, and strategies, emphasising the importance of planning and professional advice. They also address concerns from the audience. GET IN TOUCH! If you have any questions on today's episode, and would like us to get...
2024-12-0644 min
Larking Gowen InsightsEmbracing Diversification in Farming - Autumn Farming Conference special pt. 2In the second Autumn Farming Conference special, Sam Steggles chats about his experiences with The Goat Shed, highlighting the importance of adaptability, team dynamics, and community engagement in the agricultural sector. Edward Vipond from Troston Farms also speaks on his extensive experience in farm management, highlighting the challenges and changes in agricultural practices over the years. He reflects on his journey through various roles, the impact of evolving agricultural policies, and the innovative approaches he has taken, particularly with sunflower farming. He talks about adapting to new market demands, managing risks, and the administrative burdens that come with modern f...
2024-12-0259 min
Larking Gowen InsightsNavigating the Future of Farming - Autumn Farming Conference special pt. 1In the first of 3 special Autumn Farming Conference episodes recorded live on November 4 2024, Bruce Masson and Cath Crowther, Regional Director of CLA in the East, intro the conference, highlighting key issues facing the farming sector, particularly in light of recent budget announcements. They discuss the need for community support and strategic planning in navigating these challenges, and highlight the importance of evidence-based advocacy. They discuss role of local farming in ensuring food security and economic stability in rural areas and the complexities of inheritance tax, business reliefs, and the impact of policy changes. Cath and Bruce had...
2024-12-021h 15
Larking Gowen InsightsFarmers and The Budget! With Cath Crowther from CLA Bruce Masson is joined by Cath Crowther, Regional Director of CLA in the East, to discuss the recent UK Budget announcements regarding inheritance tax and their implications for farmers and the rural economy. They explore the impact of proposed changes to agricultural property relief and business property relief, the challenges faced by tenant farmers, and the broader economic consequences of these tax changes. They urge resilience within the agricultural sector and the importance of providing accurate information to policymakers. *Links to our Autumn Farming Conference conversations will be available soon* GET IN TOUCH! If you h...
2024-11-1922 min
Larking Gowen InsightsPost Budget: Impact of VAT on School FeesGilly and Giles are joined by educational finance expert Tony Lawlor FCCA to discuss the implications of the recent VAT changes on school fees, discussing the budget announcements, clarifications from HMRC, and practical steps for schools to take. Tony shares his insights on the challenges faced by bursars and finance leads, the need for system upgrades, and considerations for year-end changes. You can find a recording of the VAT training mentioned in this episode on YouTube Dont forget you can still listen to Gilly and Giles' pre Budget conversation; VAT on school fees – what should indep...
2024-11-1318 min
Larking Gowen InsightsHow to navigate exiting your business - Life cycle of a business series In the last of this mini-series series, Business Team Partner, Becky Ames, joins Megan and Alanah to discuss the critical aspects of exiting a business, emphasising the importance of early planning, understanding various exit strategies, and the emotional complexities involved. They explore options such as selling the business, management buyouts, and gifting shares to family members, while also addressing the tax implications and the need for transparency in these processes. GET IN TOUCH! If you have any questions on today's episode, and would like us to get in touch, email us at marketing@larking-gowen.co.uk.
2024-10-0829 min
Larking Gowen InsightsSuccession planning; people and tools - Life cycle of a business series Digital Partner, Martin Bugg, joins Megan and Alanah to discuss the definition of succession planning, which includes identifying key employees or family members for succession, setting timelines, and maintaining stakeholder confidence. He also reflects on examples of the importance of open communication, motivation, and culture in succession planning, the use of digital tools and the involvement of other professionals, such as solicitors and IFAs. GET IN TOUCH! If you have any questions on today's episode, and would like us to get in touch, email us at podcasts@larking-gowen.co.uk. You can get in...
2024-10-0830 min
Larking Gowen InsightsSuccession planning...TAX! Life cycle of a business series Megan and Alanah chat to tax specialist, Emma Walker, about succession planning and the personal tax implications involved in selling your business. They touch on topics such as the timing of exiting a business, the sale of shares, and the tax rates and conditions for business asset disposal relief. They also mention the upcoming Budget and potential changes to capital gains tax. Emma also provides insights into your personal tax considerations when succession planning. She looks at the tax implications of selling or gifting shares in a business, lifetime allowance, stamp duty on shares, inheritance tax, and...
2024-10-0830 min
Larking Gowen InsightsHow to grow your business - Life cycle of a business series In this episode, Will Gibbs joins Megan and Alanah, to discuss the first steps for businesses wanting to grow. Will emphasises the importance of understanding the current position of the business, including the breakdown of turnover and profit by product or service. He also highlights the role of digital software in tracking sales and accessing live data, the significance of setting realistic growth targets and creating reliable forecasts or budgets. He looks at limiting factors such as people, sales, or cash, and how to develop strategies to overcome them, and the importance of monitoring performance, seeking professional...
2024-10-0834 min
Larking Gowen InsightsLife cycle of a business series - So, you're thinking of starting a business? In the first episode of the Life Cycle of a Business mini-series, hosts, Megan Howard and Alanah Thompson, welcome Glenn Matthews, an expert in helping small and medium businesses start up. Glenn emphasises the importance of doing thorough research and seeking feedback from independent sources before diving into a business idea, and the value of building a network and seeking advice from professionals in the industry. He discusses the different business structures, such as being a sole trader or a limited company, and the associated paperwork and compliance. He also discusses the consideration of VAT registration, bookkeeping, r...
2024-10-0837 min
Larking Gowen InsightsInnovations in Farming – Autumn Farming Conference SpecialIn this episode, Laurie Hill and Bruce Masson from the Farms team, discuss the upcoming Larking Gowen Autumn Farming Conference on November 5, 2024. They discuss the key themes planned for the conference, which include environmental and financial sustainability in agriculture, innovations in farming, and the importance of succession planning. You can book your tickets for the conference here larking-gowen.co.uk/AFC GET IN TOUCH! If you have any questions on today's episode, and would like us to get in touch, email us at marketing@larking-gowen.co.uk. You can get in touc...
2024-09-2612 min
Larking Gowen InsightsThe journey towards sustainability: the Loads4Less storyIn this episode Laurie Hill, the partner leading Larking Gowen's new Environmental, Social and Governance facilitated advisory (ESG) services, is joined by Jake Bond and Angus Harrison from neoeco, as well as Adam Soall, the managing director of Loads4Less. The partnership between Larking Gowen and neoeco will assist clients with ESG reporting, and Adam is our first case study! After his recent trip to the Amazon Rainforest, which inspired him to make changes in his business, he discusses and highlights the growing importance of sustainability in business and the benefits of having good data and reporting.
2024-09-1230 min
Larking Gowen InsightsVAT on school fees - what should independent schools do now? The Chancellor Rachel Reeves' made a fiscal statement on Monday including making announcements on VAT and independent schools on 29 July 2024. The announcement states that VAT will be applied to school fees starting from January 1, 2025. VAT specialist Gillian McGill chats to Not for Profit partner Giles Kerkham in this episode, discussing the implementation date, types of schools and services affected, the impact on parents and guardians, strategies to mitigate the financial impact, and the possibility of potential failure of independent schools. GET IN TOUCH! If you have any questions on today's episode, and would like us to...
2024-08-0219 min
Larking Gowen InsightsUnderstanding the new pay offer for NHS consultantsMedical specialists Louise Dean and George Crowe discuss the new pay offer for NHS consultants in England. The key changes proposed include a minimum 6% pay rise for all consultants, a new pay progression system based on skills and experience, changes to the Clinical Excellence Award schemes, and modifications to the doctors and dentists review body. They also explore the potential impact of the pay rise on take-home pay and tax burdens, particularly in relation to annual allowance charges. GET IN TOUCH! If you have any questions on today's episode, and would like us to get in touch, em...
2024-07-2324 min
Tourism Business ChatJimmy Doherty on tourism investment, customers & polar bears! During the Tourism Business Survey Seminar, held at ROARR! on 22 May 2024, the audience heard from some inspirational local business leaders on the tourism and hospitality sector. One of them is a familiar face on TV and in bookshops, and owner of Jimmy's Farm & Wildlife Park, Jimmy Doherty. Jimmy chatted to Chris Scargill about the changes he has seen over the years in customer behavior and trends, the importance of investment and funding for tourism based businesses, what tourism really means to him, and of course, how you go about embarking on a rescue mission that means building...
2024-07-0425 min
Tourism Business ChatTOURISM SURVEY SPECIAL: Pt 3 - Jimmy's Farm, Byfords and Visit North NorfolkDuring the Tourism Business Survey Seminar, held at ROARR! on 22 May 2024, the audience heard from some inspirational local business leaders on the tourism and hospitality sector. Chris Scargill chaired a panel discussion on the day, and the audience heard commentary on the results of the survey and insight on other key issues impacting the sector. The panel included Park Director at Jimmy's Farm & Wildlife Park, Stevie Shepperd, Director of Visit North Norfolk and Manager at Woodland Holiday Park, Andrew Hird, and the owner of Hidden Talents Iain Wilson, which operates an array of local businesses including The...
2024-06-2449 min
Larking Gowen InsightsFurther education and the complexities of VATThis week, VAT Director Gillian McGill and Not for Profit Partner Giles Kerkham discuss the challenges faced by colleges in the UK in relation to finances and VAT treatment. They consider the recent recategorisation of colleges, new requirements and financial controls, difficulties with borrowing and refinancing, challenges with capital funding and the campaign for changes. They also reflect on the complexities that the sector faces in managing VAT reporting, and compare this with the position for other education providers. For further information on today's topic, and how we can help support you and your business on...
2024-03-2516 min
Larking Gowen InsightsBONUS - SRA Account Rules 2023 with PrimeGlobalLegal experts and independent members of PrimeGlobal gathered recently to reflect on the conclusion of the 2023 SRA Account Rules period and analyse the latest trends they have seen emerge. Their discussions included the move towards automation, the decline in pink slips and clerical errors, changes in interest rates, partial VAT exemption, reconciliation challenges, and the potential for more training. They also reflected on the adaptations made since the 2019 alterations, considering the impact of the pandemic and the resulting shifts in work patterns. Join Claire Watkins from Buzzacott, Veronique Walkey and (host) Matt Melksham from Westcotts...
2024-03-1821 min
Larking Gowen InsightsBasis Period Reform – what is it and how does it impact you?In this conversation, Emma Walker, Jamie Butcher and Laura Clayton discuss the basis period reform and explain the historical taxation of sole traders and partnerships based on their year-end profits and the double taxing of profits (overlap profits). They address the changes in the basis period reform to simplify and make the taxation process fairer, and also cover the calculation of business profits, treatment of losses and the options available for spreading of transition profits. They also highlight the importance of changing accounting year ends and cover the tax issues farmers and those working in medical businesses...
2024-03-0814 min
Larking Gowen InsightsCharity FUNDcast: 4. Make the most of Gift AidIn the last episode in the Charity FUNdcast mini series, Emma and Giles explore the value of Gift Aid to charities; the decline in the number of charities claiming it; and the relationship between payroll giving and Gift Aid. They explain how it works, the Gift Aid Small Donation Scheme, and the rules and common errors in claims. They also discuss corporate Gift Aid donations, cash donations, auctions, gifts to donors, and the future ways to maximise its benefits. #TicktheBox Gift Aid Awareness Day – 5 October 2023 GET IN TOUCH! Click here to contact Emma, or her...
2024-02-1234 min
Larking Gowen InsightsCharity FUNDcast: 3. Trustees and the use of crypto and AI toolsIn this episode, Emma and Giles discuss the impact of how new AI and cryptocurrency is impacting charities. They explore the definition of cryptocurrencies and how they're used for transactions and donations; look at examples of charities that have accepted crypto donations; and highlight the benefits and challenges associated with them. They discuss the risks and considerations for charities when accepting crypto, including transparency, volatility, and environmental impact. They discuss the guidance provided by the Charity Commission and how AI technologies, specifically Chat GPT, and its wide range of applications, offer benefits but also limitations around privacy and data...
2024-02-1222 min
Larking Gowen InsightsCharity FUNDcast: 2. Setting up a new charity? Know your CICs from your CIOsIn this episode, Emma and Giles discuss the best legal structure for a new not-for-profit enterprise, focusing on the differences between Community Interest Companies (CICs) and Charitable Incorporated Organisations (CIOs). They go through the practical differences, how to access funding, tax reliefs, remuneration and changing from a CIC to a CIO. They also outline the setting up processes, governance requirements, and social aims to be considered. GET IN TOUCH! Click here to contact Emma, or here for Giles, or find out more about how our team of specialist charity advisors can help you and your organisation h...
2024-02-1219 min
Larking Gowen InsightsCharity FUNDcast: 1. Myth bustingIn this special Charity FUNdcast miniseries, Not for Profit specialists, Emma Hayward and Giles Kerkham, will deliver a series of updates for those working in or aspiring to work in the charity sector. Whether looking for technical updates or inspiration, there'll be something for everyone, covering topics such as AI, myth busting, maximising gift-aid, social enterprise alternatives and more. In this first episode, not-for-profit experts Emma and Giles discuss the common myths surrounding charities and how to combat them. They address misconceptions about overheads, executive salaries, fundraising spend, tax exemptions, political campaigning, and more. They emphasise the...
2024-02-1225 min
Larking Gowen InsightsGoing it alone as a locum GPIf you're a salaried doctor looking to go self-employed or to set up as a limited company, then this episode with medical specialist, Jamie Butcher, is for you. She chats to senior accountant, Jo Benton, about what steps you need to consider in regard to tax and savings, pensions, mortgages, student loans, National Insurance and tax liability you might face. They also discuss what happens if you take on self-employed work whilst also salaried, what practical things are needed when you make the transition, the impact of Making Tax Digital and the factors involved in setting up as a...
2024-01-1025 min
Larking Gowen InsightsWhat a Labour government could mean for VAT at independent schoolsTax Partner Dominic Carter, is joined by VAT Director Gilly McGill, in conversation on the possible VAT game-changers for Independent Schools and educational institutions if Labour were to win at the next General Election. They discuss Labour's current outlined manifesto and the proposed changes to the education system that could shake things up in 2024. How would these changes ripple through schools, charities, and the lives of families? They offer insight into the what-ifs of a potential Labour victory, and how those affected need to prepare ahead of the election. For further information on today's topic, a...
2024-01-0923 min
Larking Gowen InsightsHow Digital Can Supercharge Your Business - Don't get left behind!Have you migrated your accounts over to online accounting software yet? If not, what's stopping you? In the first of their new How Digital Can Supercharge Your Business series, digital partner Martin Bugg and specialist Jessica Rafferty-Smith discuss the key steps and considerations for businesses looking to make the transition from manual record-keeping to online accounting software, whilst dispelling myths, highlighting the historical changes and positives that come from the digital world of finance. You can get in touch with our presenters directly through the Our People section of our website here. GET IN...
2023-11-2934 min
Larking Gowen InsightsOnline accounting software isn't hard to useIn the second episode of their How Digital Can Supercharge Your Business series, digital partner Martin Bugg and specialist Jessica Rafferty-Smith delve into the world of online accounting software and its profound impact on streamlining processes, enhancing data accessibility, and how it can help you to foster collaboration in your business. They also address some of the challenges you may face in the transition and how best to overcome them. GET IN TOUCH! If you have any questions on today's episode, and would like us to get in touch, email us at podcasts@larking-gowen.co.uk.
2023-11-2925 min
Larking Gowen InsightsThe importance of good data, with DEXT special guest, Laura BuchananBad data can lead to bad decisions. In episode 3 of their How Digital Can Supercharge Your Business series, Martin Bugg and Jessica Rafferty-Smith chat to Laura Buchanan from DEXT about how their suite of products are designed to make your business life easier, and why the digital specialists at Larking Gowen recommend them. They go through each tool, highlighting the practicalities and efficiencies and how the accounting teams have the ability to provide real-time insights and make data-driven decisions, which can significantly benefit businesses. Find all episodes in this Digital Insights mini series, and more b...
2023-11-2927 min
Larking Gowen InsightsReports don't have to be boring!In episode 4 of their How Digital Can Supercharge Your Business series, Martin Bugg and Jessica Rafferty-Smith delve into the world of reporting and how it can revolutionise your decision-making process. With the right data, you can identify patterns, track trends, and gain valuable insights into your business; just one of the perks of making that transition to online accountancy software. GET IN TOUCH! If you have any questions on today's episode, and would like us to get in touch, email us at marketing@larking-gowen.co.uk. You can get in touch with our pre...
2023-11-2916 min
Larking Gowen InsightsEmbracing Technology in Farming: A Digital Accounting RevolutionThere has been a significant shift towards digitalisation in the farming sector, from tractors right through to the books! Farming expert Will Wadsley joins Martin Bugg and Jessica Rafferty-Smith in this special agricultural focused episode of the How Digital Can Supercharge Your Business series. They discuss what the role of online accounting means to farmers in the day-to-day running of their farms, and how our experts are equipped to help with the transition. If you're a farmer or involved in a farming-related business and want to explore the benefits of cloud accounting and digital technology, this is t...
2023-11-2919 min
Larking Gowen InsightsBreaking up is hard to do - divorce & tax with Kerseys SolicitorsBreaking up is never easy, but divorce makes things even trickier, especially when it comes to money! Tax advisor, Emma Walker, is joined by senior family solicitor, Nicola Furmston, from Kerseys Solicitors, to talk all things divorce from both a legal and tax perspective. They discuss recent changes and the pros and cons of no fault divorce, capital gains tax charges on asset splits and property, 'hobby' trade income, income tax and self-assessment considerations, inheritance, the importance of wills, Lasting Powers of Attorney, and more. You can contact Nicola here and visit Kerseys website here.
2023-08-3140 min
Larking Gowen Insights2023 Autumn Farming Conference SpecialAutumn Farming Conference special This special episode is hosted by our Farms and Landed Estates partners Laurie Hill and Bruce Masson. They reflect on the 2022 conference and discuss in detail what to expect this year, and why you should attend. Guest speakers at the conference will be discussing topics around sustainable farming, specifically focused on addressing the pressing issues of environment, sustainability and water resources within the farming sector. Visit the website larking-gowen.co.uk/afc for more details and to book your tickets! Find out more about our event partners belo...
2023-08-2113 min
Larking Gowen InsightsCloud accounting for GP practices: time to get your head in the cloud!Medical specialists Rachel Morris and Carl Boardman discuss the benefits for GP practices of moving to cloud-based accounting software. They chat about how your accountant can assist you to make the transition seamless and talk through the common concerns they hear from clients, and how they resolve them. They outline the time-saving, reporting and HMRC integration elements to switching, and the training available to you. This is a great overview for GP partners, practice managers or financial teams on the benefits of cloud accounting, and the options available. For further information on today's topic, and ho...
2023-07-1027 min
Larking Gowen InsightsInflation, inflation, inflation, with guests Beckett Investment Management GroupWhat's going on with inflation, how is it impacting you, and what proactive things can you do in the search for the best interest rates, both personally and in your business? Tony West is our special guest on this episode. Tony is a Financial Planner with Becketts, and he chats to Tax Advisor, Emma Walker, about investment opportunities with venture capital trusts; and goes in for every financial planner's favourite topic – pensions! Emma outlines what tax implications there might be on your interest income, and they also outline how ISAs and LISAs work. For further inf...
2023-07-0531 min
Tourism Business ChatWith Mary Sparrow, co-owner of Hippersons BoatyardHow does a headteacher at the top of her career come to live and work on the Broads? We find out, as Mary takes us on a journey that 'cruises' through a career working with troubled teens, into a battle with cancer, and out into the warmth and wonder of Beccles, a hugely popular part of the Norfolk Broads. After being told that the stress of her job was the likely cause of her cancer returning, Mary and her husband took this as a sign to pack up their London life and pursue their dream, starting a b...
2023-05-2445 min
Larking Gowen InsightsTourism Business Insights with Adnams and Banham Zoo, recorded LIVE!This is a special cross-over episode with our other series, Tourism Business Chat. The Tourism Business Survey was relaunched for 2023, after a 'COVID-19 break' and the results were announced at a seminar on 25 April to an audience of sector leaders. We recorded the panel discussions for listeners to enjoy who were unable to attend on the day. You can hear reflections on the results of the survey from the team of experts at Larking Gowen, and commentary from Andy Wood, CEO of Adnams, Claudia Roberts, CEO of Zoological Society of East Anglia which operates Banham Z...
2023-05-151h 04
Tourism Business ChatBONUS – Tourism Business Survey insights with Adnams, Banham Zoo and Hippersons BoatyardThe Tourism Business Survey was relaunched for 2023, after a 'COVID-19 break' and the results were announced at a seminar on 25 April to an audience of sector leaders. We recorded the panel discussions hihglights for listeners to enjoy who were unable to attend on the day. You can hear reflections on the results of the survey from the team of experts at Larking Gowen, and commentary from Andy Wood, CEO of Adnams, Claudia Roberts, CEO of Zoological Society of East Anglia which operates Banham Zoo and Africa Alive, and Mary Sparrow, owner of Hippersons Boatyard in Norfolk. Valerie W...
2023-05-111h 03
Tourism Business ChatWith Asa Morrison, Chief Executive of Visit Great YarmouthWhat does your mind conjure up when we say Great Yarmouth? Whether we've been there or not, we likely all have something come to mind. That's the power of marketing and positive experiences. Asa Morrison is Chief Executive of Visit Great Yarmouth, a Destination Marketing Organisation (DMO) and tourism business improvement district, of which there are only three in the UK. Asa is passionate about where he lives and works, and his role is to increase support and visitors to Great Yarmouth, in a sustainable and responsible way. He chats to Chris about the issues with the p...
2023-05-0356 min
Larking Gowen InsightsHMRC 'nudge letters' and what they mean for youHMRC 'nudge letters' - what are they, why do HMRC issue them, and what should you do if you receive one? Tax experts Gilly McGill and Dominic Carter discuss what the term covers – commonly known as 'one-to-many letters' and how HMRC identify recipients through data submitted to them or issues common to a sector. They discuss how the decline in human resourcing to investigate impacts this process. They provide recent examples of problems HMRC have faced and the potential penalties that may come from ignoring these letters, and how your adviser can help. Fo...
2023-05-0221 min
Tourism Business ChatWith Park Director and Managing Director of ROARR!, Adam and Martin GoymourThis week, Chris speaks to two of East Anglia's big hitters, Park Director of ROARR!, Adam Goymour, and the park's Managing Director, Martin Goymour. ROARR! is the UK's biggest dinosaur themed adventure park, beloved by thousands of families, both locally and across the country. This successful father and son team has taken the park to dizzying heights in recent years. They reflect on what prompted their decision to start up what is now one of the UK's biggest Halloween scare attractions, PrimEVIL! They even discuss their legal battle surrounding a certain famous dinosaur called Dippy!
2023-04-261h 00
Tourism Business ChatWith Steve Magnall, owner of Two Magpies GroupChances are, by now, you'll have seen Steve's bakeries on one of your days out, or if you haven't, you likely will do soon! Steve chats to Chris about how he met the founder of Two Magpies Bakery, Rebecca Bishop, and left the corporate life behind him back in 2018, to help invest and grow the then small bakery into the well-known chain it is today. Steve speaks honestly on the financial situation they found themselves in during lockdown, and what they did to ensure the future of the business, and therefore the mortgages of his...
2023-04-1948 min
Larking Gowen InsightsNHS Pension members – McCloud RemedyMedical specialism partners, Lizzy Lloyd and Louise Dean, discuss the compulsory transfer of members to the 2015 NHS Pension Scheme, the resulting McCloud judgement, and how the McCloud Remedy was born. They discuss the choices available to members and implications relating to the Annual Allowance Tax Charge, and its impact on previous tax returns. Louise also gives an overview of the Annual Allowance and Service Extract. For further information on today's topic, and how we can help support you and your business on all medical accountancy related matters, click here. You can get in touch with ou...
2023-04-1726 minLarking Gowen InsightsHMRC Penalties – what do you need to know?VAT director Gillian McGill and tax partner Dominic Carter discuss recent tax headlines as well as changes in the new VAT penalty regime. The previous regime wasn't flexible, with harsh penalties for late VAT returns and payments, often disputed in court, but the new system which came into effect on 1 January, launched with seemingly positive changes. They discuss the concept of 'reasonable care' that HMRC can use to reduce the level of penalties applied by HMRC and how this is still open to interpretation. They also provide some practical tips for managing errors in your...
2023-02-1624 minLarking Gowen Insights'Fiscal drag' – a post Budget observationVAT Director Gilly McGill was a little disheartened after the Autumn Statement, as she initially thought the revisions on VAT were lacking. However, a post budget discussion with Tax Partner Dominic Carter brought the impact of fiscal drag to the table which, on closer inspection, will have implications across all taxes. In this episode they discuss inflationary impact, the increase in businesses brought into VAT registration, Capital Goods Scheme reporting, Making Tax Digital and, ultimately, what the impact of fiscal drag means for the level of tax paid by businesses and individuals. For further information on today's...
2022-12-1417 min
Larking Gowen Insights'Tis the season to… check the tax on gifts! Employment Tax Specialist Tessa Brown is getting in the festive spirit this week, and what's more festive than tax! Many businesses will be looking at handing out gifts and throwing parties for their teams over December, so Tessa outlines all the important HMRC info they need to consider. She explains the definition of Trivial Benefits and Annual Functions Exemption as well as the implications of employees receiving gifts from third parties. She also discusses the impact of PAYE settlement agreements and a few VAT and Corporation Tax considerations. Oka...
2022-12-1212 min
Larking Gowen InsightsThe cost of living crisis and the impact on Tourism & Leisure businessesTourism specialists, Julia White and Martin Sanders, chat about the impact of the cost-of-living crisis and other current economic strains on the sector. They discuss VAT, energy costs, staffing and what they're seeing within their clients' businesses, and explore how to relieve the pressure. You can find Martin's and Julia's details on the Our People section of our website here - please reach out if you'd like to speak to our specialists. See how our Tourism, Leisure and Hospitality team could help your business here. GET IN TOUCH! If you have any questions on...
2022-11-1019 min
Larking Gowen InsightsCrypto currency and assets. What do you need to know?Bridie Iachetta is an Assistant Manager and tax expert within our Business and Private team. In the first of our new series of podcast Insights, she explains how crypto works, what the UK tax and inheritance implications are with crypto and what assets actually are. She then explains the terminology, including mining, airdrops, forking, tokens and NFTs, and what you really need to know if you plan on investing. GET IN TOUCH! If you have any questions on today's episode, and would like us to get in touch, email us at podcasts@larking-gowen.co.uk.
2022-10-2615 min
Larking Gowen InsightsAutumn Farming Conference special episodeWelcome to Larking Gowen Insights – accountancy and business advice for all - the series that gives you bitesize tips and guidance on tax, funding, legislation, reforms and more, with case-studies, business advisory and sector specials and interviews to give you the full picture of life in business. Our team of experts are committed to helping you navigate the world of accounting and finance. THE OFFICIAL NEW SERIES will be launching soon across all channels, but in the meantime we have this special update episode delivered by our Farms and Landed Estates partners Steve Rudd and Bruce Mass...
2022-09-2217 min
Business Insights ChatCambridge United Football Club - CEO Ian MatherIn this episode, Ian Fitch chats with Ian Mather, so it’s less a tale of two halves, and more the tale of two Ian’s! Sit back and listen to them ‘kicking around’ thoughts on what it really means to pursue a second career. Ian Mather is a retired solicitor and former partner at Mills & Reeves, but decided that retirement wasn’t for him, especially once the job of CEO of Cambridge Football Club presented itself. Ian specialised in employment law and was an advocate of mediation over expensive litigation throughout his career. With the skills he learnt...
2021-10-0540 min
Business Insights ChatParkrun - Nick Pearson, CEOChances are that your local park is swamped with runners every Saturday morning. Parkrun has become the world’s largest physical activity provider, operating in 23 countries, with 7 million members worldwide and over 2000 weekly events. This charitable organisation prides itself on being an accessible access point to exercise for everyone. It works with local communities, relying on volunteer participation to make the events happen. You may wonder how these free-to-attend events make money and Nick gives a fascinating answer by discussing what it’s like to say no to giant corporations like Pepsi and navigating the ethics of comm...
2021-08-0750 min
Tourism Business ChatS3 Ep3 Wiveton Hall Farm Owner and star or Normal for Norfolk, Desmond MacCarthyNorfolk is famous for a lot of things, and back in 2015 when the BBC commissioned a behind the scenes reality TV series about life on Wiveton Hall Farm; Normal for Norfolk, Desmond MacCarthy and his infamous eyebrows were added to the list! Chris chats to Desmond about life on and off camera; Desmond's passion for the environment; and how you pivot a business model from fruit picking and farming, into a successful tourist destination. Desmond highlights the importance of sustainability within the tourism sector, how agricultural firms need to embrace this, and how all those in the...
2021-07-2844 min
Tourism Business ChatImperial Hotel, Great Yarmouth - Managing Director Nick MobbsNick oversees the well-known, and well-respected, Imperial Hotel, in Great Yarmouth. In February 2020, the business won the title of 'Customer at the heart of everything' at the Norfolk & Suffolk Tourist Attractions awards. No sooner had they got the award on the mantle-piece, COVID-19 hit and Nick reflects on the headless chicken feeling they experienced. As a hotel that could remain open, they found themselves constantly moving goalposts and pivoting at every turn. They were offering rooms to the East Anglia 1 wind farm offshore teams but, whilst servicing key workers, they still needed to follow guidelines, and protect their staff...
2021-07-1450 min
Business Insights ChatMediapro - Maria Veronese, Owner & journalistThis week’s chat is a real eye opener. Engagement with media can be make or break for some businesses – ever wondered what it suggests when you say “no comment”? Experienced journalist, and owner of Mediapro, Maria Veronese lets you in on what the journalist really thinks when you say that, and why it’s always best to try and take control, particularly if you find yourself at the centre of a PR disaster! Mediapro offers media training to help business leaders learn how to talk confidently on the record, sticking to key points, and how to get your point or s...
2021-07-1338 min
Tourism Business ChatNorfolk & Suffolk Tourist Attractions - Peter Williamson, DMO Vice ChairWe are back for series three with a bang! There are not many with more experience or passion for the tourism sector than Peter Williamson, former Chair, now Vice Chair of the Destination Marketing Organisation (DMO), Norfolk & Suffolk Tourist Attractions. Peter is the former owner of the hugely popular Merrivale Model Village, but when he sold the village in 2017 retirement didn't suit him, so he returned to work by launching The Old Penny Arcade. This attraction allowed him to pursue his passion of refurbishing vintage fairground and amusement arcade machines, where families can revel in exchanging their...
2021-07-071h 06