Lovewell Blake

HMRC has warned landlords to disclose their earnings on self assessment tax returns. ‘If you’re a landlord and have undisclosed income, you must tell HMRC about any unpaid tax now. You’ll then have 90 days to work out and pay what you owe. If you do not do this now, and HMRC finds out later, you could get higher penalties or face criminal prosecution.’ - HMRC More information can be found here https://lnkd.in/efFbqTGQ #HMRC #Tax #Landlords #Taxes #LB1858

It's Charity Fraud Awareness Week this week - a chance to talk about the potential risk of ruinous amounts of money being stolen from charities, something that continues to be an issue for the sector. Though large-scale charity fraud is rare, a report published last year found that a third of all charities had experienced an increase in fraud, with half of all detected frauds perpetrated by staff, members, volunteers, or trustees. Our charities specialist Stefanie Smith's recent article goes into more detail on this here https://lnkd.in/edw_FA86 It is a sad fact that fraud will always be a risk and there has never been a more important time to guard against it. #CharityFraudAwarenessWeek #Fraud #Charities #LB1858

In conjunction with Mills & Reeve we are proud to present our annual initiative, Norfolk Limited. A report that provides an analysis of the top 100 independently owned or controlled companies in Norfolk, based upon reported turnover. More information can be found here: https://lnkd.in/enPdE2Wb #norfolk #norfolkbusiness #business #businessgrowth #lb1858

Lovewell Blake are hosting an event for those considering their career opportunities, to come and meet with our staff who have been through the training process themselves! It's a chance to find out about the application process for accountancy apprenticeships and the study routes available. Know someone who might be interested? Get in touch https://lnkd.in/eQc9pcWq #Career #NewJob #Trainee #Accountancy #LB1858

The changes detailed, most significantly applying to leases and revenue recognition, aim to align UK reporting with international financial reporting standards. These changes are expected to provide better information to users of financial statements.   In this article, Abi Robinson considers the changes to the treatment of lease arrangements and what companies could be doing now in readiness for the transition: https://lnkd.in/edvNsd5y   #LB1858 #LeaseAccounting #Audit #ComplianceAndAssurance

The recent Agricultural Property Relief (APR) announcement has created uncertainty in the farming sector. However, a renewed focus on succession planning and early innovation by the younger generation could be the silver lining.   Read the full article to find out more about what Chris Solt had to say: https://lnkd.in/e_ZKZjTQ   #LB1858 #Agriculture #Budget #SuccessionPlanning #AgriculturalPropertyRelief

Farmers will be facing significant changes in growing conditions by the end of the 21st century. Says Leading Meteorologist at Halesworth Event. Chris Bell, chief communications officer and senior meteorologist at Weatherquest, gave the meeting a whistlestop tour of the science behind climate change. For a detailed insight into their discussion, read the full article here: https://lnkd.in/eb-kQZbf #Agriculture #ClimateChange #LB1858 #Farming

Join us for an insight into life as a trainee at Lovewell Blake at our Accountancy Pathway Evening. Hear from our trainees about their roles and studies, and network with our team over pizza and refreshments.   Information about the application process for accountancy apprenticeships, study routes, and support offered will be provided by our recruitment and training teams.   Reserve your spot now by clicking this link: https://lnkd.in/eivJSGb6   #LB1858 #Accounting #Accountancy #Careers #Trainee #Apprenticeship Immi Brown ACA Danny Loftus Daniel Baker Sam Palmer Simon Watson Shaun Davison Elliot Collishaw-Darby Kirsty Le Grice

In October 2024 the Secretary of State for Business and Trade confirmed in a ministerial statement to Parliament that the current Labour Government will take forward the previous plans to increase the threshold. Abi Robinson's latest article discusses what the changes are going to be, when they are coming into force and whether the audit thresholds will change too! https://lnkd.in/erg87BXd #Audit #MicroBusiness #SmallBusiness #MediumBusiness #LB1858

Owning and running a business can be demanding and push you to the limit. At Lovewell Blake we have built up a reputation from over 160 years of advising entrepreneurs through the challenges of business ownership. A while ago, we had the pleasure of sitting down with one of our valued clients, and here’s what they shared.   #LB1858 #Testimonial #Review #ClientFeedback