Rickard Luckin

This article highlights key considerations for individuals managing Capital Gains Tax (CGT) liabilities arising from property sales. David Tallon, CTA TEP ATT discusses the importance of accurate reporting, especially given the tightened deadlines introduced in recent years. For more details, read the article below. #CapitalGainsTax #Property #TaxPlanning

Following the Autumn Budget 2024 announcements, changes to Capital Gains Tax have prompted many business owners to reassess their exit strategies. Hayley Sheppard, Tax Director at Rickard Luckin, explores the Budget’s impact and what it could mean for your plans. Whether you're planning an exit in the coming years or considering accelerating the sale, Hayley's insights can help guide your next move. #Budget2024 #CapitalGainsTax #BusinessOwner #ExitStrategy #TaxPlanning

Are you using the most effective accounting method for your business? In this article, Stuart Coker explains the differences between cash accounting and traditional accounting, focusing on their suitability for businesses. Cash accounting records income and expenses only when cash changes hands, making it simpler and preferable for small businesses or sole traders. Traditional accounting, however, offers a more detailed financial picture by recognising transactions as they occur, making it better for larger or credit-based businesses. To find out more, read the article below. #Accounting #SmallBusiness #Finance #Transactions

Earlier this week, our Chelmsford office was transformed into a hub of festive cheer as we hosted our very first Festive Market! Team members, friends, and family came together to browse a variety of independent stalls, supporting talented local businesses while enjoying mulled wine, mince pies, and hot chocolate to keep the holiday spirit flowing. Our lineup of vendors brought something for everyone, from stunning jewellery to handmade candles and crochet gifts. There were delicious cakes and brownies, beautiful stationery, solid oak chopping boards and coasters, and personalised items to add that special touch to the season. One of our vendors shared this lovely feedback: "𝘈 𝘣𝘪𝘨 𝘵𝘩𝘢𝘯𝘬 𝘺𝘰𝘶 𝘧𝘰𝘳 𝘩𝘰𝘴𝘵𝘪𝘯𝘨 𝘴𝘶𝘤𝘩 𝘢 𝘧𝘢𝘯𝘵𝘢𝘴𝘵𝘪𝘤 𝘊𝘩𝘳𝘪𝘴𝘵𝘮𝘢𝘴 𝘔𝘢𝘳𝘬𝘦𝘵 𝘢𝘵 𝘙𝘪𝘤𝘬𝘢𝘳𝘥 𝘓𝘶𝘤𝘬𝘪𝘯. 𝘐𝘵 𝘸𝘢𝘴 𝘢 𝘳𝘦𝘢𝘭 𝘱𝘭𝘦𝘢𝘴𝘶𝘳𝘦 𝘵𝘰 𝘩𝘢𝘷𝘦 𝘢 𝘴𝘵𝘢𝘭𝘭 𝘵𝘩𝘦𝘳𝘦, 𝘢𝘯𝘥 𝘐 𝘤𝘰𝘶𝘭𝘥𝘯’𝘵 𝘩𝘦𝘭𝘱 𝘣𝘶𝘵 𝘯𝘰𝘵𝘪𝘤𝘦 𝘩𝘰𝘸 𝘭𝘰𝘷𝘦𝘭𝘺 𝘢𝘯𝘥 𝘸𝘦𝘭𝘤𝘰𝘮𝘪𝘯𝘨 𝘺𝘰𝘶𝘳 𝘵𝘦𝘢𝘮 𝘸𝘦𝘳𝘦. 𝘐𝘵’𝘴 𝘤𝘭𝘦𝘢𝘳 𝘺𝘰𝘶’𝘷𝘦 𝘤𝘳𝘦𝘢𝘵𝘦𝘥 𝘢 𝘸𝘰𝘳𝘬𝘱𝘭𝘢𝘤𝘦 𝘸𝘩𝘦𝘳𝘦 𝘱𝘦𝘰𝘱𝘭𝘦 𝘢𝘳𝘦 𝘨𝘦𝘯𝘶𝘪𝘯𝘦𝘭𝘺 𝘷𝘢𝘭𝘶𝘦𝘥, 𝘸𝘩𝘪𝘤𝘩 𝘪𝘴 𝘴𝘰 𝘪𝘯𝘴𝘱𝘪𝘳𝘪𝘯𝘨 𝘵𝘰 𝘴𝘦𝘦." Whether it’s supporting a local business, sharing a conversation over a mince pie, or simply taking a moment to come together, this event was a celebration of our community. A huge thank you to everyone who helped make it such a success - from our fantastic vendors to the team, friends, and family who joined us. #FestiveMarket #SupportingLocal #TeamSpirit #ChelmsfordCommunity

You may wonder why you should appoint a corporate finance adviser to assist with the sale of your business. 𝐂𝐚𝐧’𝐭 𝐲𝐨𝐮 𝐬𝐢𝐦𝐩𝐥𝐲 𝐧𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐭𝐡𝐞 𝐩𝐫𝐨𝐜𝐞𝐬𝐬 𝐲𝐨𝐮𝐫𝐬𝐞𝐥𝐟? Ella Young explains why choosing an experienced adviser with a proven track record will help you avoid pitfalls, reduce unnecessary stress, and ensure a seamless transaction: https://lnkd.in/ex4E6G_M #CorporateFinance #SellYourBusiness #MergersAndAcquisitions #ExitStrategy

The recent updates to Financial Reporting Standard (FRS) 102 bring significant changes to how businesses recognise revenue from customer contracts. By aligning with international standards, these amendments provide clearer guidance for identifying performance obligations and allocating transaction prices. As businesses navigate these updates, the focus should be on aligning accounting processes to ensure compliance and accurate reporting. Read the article below for more insights on how this could affect your business. #FRS102 #FinancialReporting #RevenueRecognition #AccountingStandards #BusinessFinance

"𝘞𝘩𝘢𝘵 𝘱𝘳𝘦𝘤𝘢𝘶𝘵𝘪𝘰𝘯𝘴 𝘤𝘢𝘯 𝘸𝘦 𝘵𝘢𝘬𝘦 𝘯𝘰𝘸 𝘵𝘰 𝘳𝘦𝘥𝘶𝘤𝘦 𝘵𝘩𝘦 𝘐𝘯𝘩𝘦𝘳𝘪𝘵𝘢𝘯𝘤𝘦 𝘛𝘢𝘹 𝘩𝘪𝘵 𝘰𝘯 𝘰𝘶𝘳 𝘧𝘢𝘳𝘮𝘪𝘯𝘨 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴?" Inheritance Tax can be a major concern for farming businesses, particularly following the recent announcements in the Autumn Budget. In this video, Rickard Luckin Tax Director, James Boustead, offers valuable insight on the precautions you can take to protect your business and legacy for future generations. #InheritanceTax #Farming #Agriculture #Budget #Tax

Are you correctly distinguishing between disbursements and costs that are part of your supply? This distinction affects how VAT is applied and reported. For example, a cost benefiting your business is part of your taxable supply, while a disbursement involves a service your customer directly enjoys. Understand these distinctions more clearly by reading the article below. #VAT #BusinessAdvice #Compliance #Tax

Rickard Luckin is proud to celebrate the promotion of several members across various teams within the firm over the past 12 months. These well-deserved promotions reflect the hard work, expertise, and commitment of our team and emphasise our dedication to supporting career growth and development. Kate Bell, HR & People Development Director at Rickard Luckin, commented: “𝘖𝘯 𝘣𝘦𝘩𝘢𝘭𝘧 𝘰𝘧 𝘵𝘩𝘦 𝘉𝘰𝘢𝘳𝘥, 𝘐 𝘦𝘹𝘵𝘦𝘯𝘥 𝘰𝘶𝘳 𝘩𝘦𝘢𝘳𝘵𝘧𝘦𝘭𝘵 𝘤𝘰𝘯𝘨𝘳𝘢𝘵𝘶𝘭𝘢𝘵𝘪𝘰𝘯𝘴 𝘵𝘰 𝘢𝘭𝘭 𝘵𝘩𝘦 𝘵𝘦𝘢𝘮 𝘮𝘦𝘮𝘣𝘦𝘳𝘴 𝘸𝘩𝘰 𝘩𝘢𝘷𝘦 𝘣𝘦𝘦𝘯 𝘱𝘳𝘰𝘮𝘰𝘵𝘦𝘥 𝘵𝘩𝘪𝘴 𝘺𝘦𝘢𝘳. 𝘛𝘩𝘦𝘴𝘦 𝘱𝘳𝘰𝘮𝘰𝘵𝘪𝘰𝘯𝘴 𝘩𝘪𝘨𝘩𝘭𝘪𝘨𝘩𝘵 𝘵𝘩𝘦 𝘦𝘹𝘤𝘦𝘱𝘵𝘪𝘰𝘯𝘢𝘭 𝘵𝘢𝘭𝘦𝘯𝘵 𝘸𝘪𝘵𝘩𝘪𝘯 𝘰𝘶𝘳 𝘧𝘪𝘳𝘮, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘪𝘯𝘥𝘪𝘷𝘪𝘥𝘶𝘢𝘭𝘴 𝘸𝘩𝘰 𝘣𝘦𝘨𝘢𝘯 𝘵𝘩𝘦𝘪𝘳 𝘤𝘢𝘳𝘦𝘦𝘳𝘴 𝘸𝘪𝘵𝘩 𝘶𝘴 𝘢𝘴 𝘵𝘳𝘢𝘪𝘯𝘦𝘦𝘴. 𝘛𝘩𝘪𝘴 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦𝘴 𝘰𝘶𝘳 𝘱𝘳𝘰𝘶𝘥 𝘩𝘪𝘴𝘵𝘰𝘳𝘺 𝘰𝘧 𝘯𝘶𝘳𝘵𝘶𝘳𝘪𝘯𝘨 𝘢𝘯𝘥 𝘳𝘦𝘵𝘢𝘪𝘯𝘪𝘯𝘨 𝘵𝘰𝘱 𝘵𝘢𝘭𝘦𝘯𝘵 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘰𝘶𝘳 𝘵𝘢𝘪𝘭𝘰𝘳𝘦𝘥 𝘭𝘦𝘢𝘳𝘯𝘪𝘯𝘨 𝘢𝘯𝘥 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵 𝘱𝘳𝘰𝘨𝘳𝘢𝘮𝘮𝘦.” Read the full article here: https://lnkd.in/e5NHm8iX #Promotions #Team #Culture #Talent #Learning #Development

We are delighted to be the Community & Learning Programme Partner for next year's Waddle-on-Sea art trail in aid of Havens Hospices. The trail will see a mini huddle of baby penguins designed by schools, youth groups, and community projects which will join 30 giant penguins in a stunning display. Kingsdown School, which supports children aged 4 to 14 with severe and complex learning difficulties, is taking part thanks to the generous sponsorship of Green Light Print Solutions. Their support for the school and its baby penguin recently made headlines in the Echo. Interested in joining or supporting this wonderful initiative? The deadline to sign-up for the Community & Learning Programme is 5:00pm on Monday, 25 November 2024. Find out more about this exciting project here: https://lnkd.in/eRPeYQtw #Community #Learning #Schools #Fundraising #Charity