Larking Gowen Insights – Détails, épisodes et analyse

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 touch, email us at podcasts@larking-gowen.co.uk or visit larking-gowen.co.uk

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This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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 podcasts@larking-gowen.co.uk or visit larking-gowen.co.uk

We'd also love it if you could rate us 5 STARS on Apple Podcasts or Spotify; this really helps people find us!

You can find more episodes from this series on our website larking-gowen.co.uk/LGI

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This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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 touch with our presenters directly through the Our People section of our website here.

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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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 business relief.

Timestamps:

• 00:51 -  Autumn Budget 2024 expectations
• 01:58 - Selling your business Budget expectations
• 03:00 - Sale of shares - CGT
• 06:20 - Rates on share disposal
• 08:00 - Business Assets Disposal Relief formally Entrepreneur Relief
• 11:20 - Lifetime allowance
• 12:36 - Gifting shares/Family business passing shares down
• 14:08 - Options other than gifting shares inc Gift Holder Over Relief
• 16:40 - Stamp duty
• 18:00 - IHT Inheritance Tax
• 21:20 - IHT - Business Relief
• 23:05 - Check your Will!
• 28:15 - Emma's top tips

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 touch with our presenters directly through the Our People section of our website here.

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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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 support, and effective communication within the organisation.

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 touch with our presenters directly through the Our People section of our website here.

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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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, record-keeping and working with HMRC.

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 touch with our presenters directly through the Our People section of our website here.

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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In 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 podcasts@larking-gowen.co.uk.

You can get in touch with our presenters directly through the Our People section of our website here.

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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In 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.

The ESG reporting partnership aims to provide businesses with the tools and support they need to become more sustainable and differentiate themselves in the market, and this chat provides insight into how exactly businesses can get started on their sustainability journey. 

Show notes

• To find out more about Larking Gowen ESG services, click here
• Learn about Loads4Less and their sustainability journey here
• Find out about neoeco's ESG reporting software here   

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 touch with our presenters directly through the Our People section of our website here. 

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.
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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 get in touch, email us at podcasts@larking-gowen.co.uk.

You can get in touch with our presenters directly through the Our People section of our website here.

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

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Medical 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, email us at podcasts@larking-gowen.co.uk.

You can get in touch with our presenters directly through the Our People section of our website here.

We’d also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us!

You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.

© Larking Gowen LLP