News
Keep up to date with developments in accountancy law, good business practice and economic events. We'll feature our own news as well as articles we believe will be of interest to you. Enjoy!
Business News
Lamont Pridmore tees off with golf festival sponsorship
Lamont Pridmore, the Kendal-based firm of chartered accountants, tax and business advisers, has strengthened its commitment to supporting local events by sponsoring this week’s [August 2nd-8th] Windermere Festival of Golf.
Lamont Pridmore gearing up to exhibit at Cockermouth Show
West Cumbrian-based chartered accountancy firm Lamont Pridmore is preparing to exhibit at the Cockermouth and District Agricultural Show for the second year running.
Emergency Budget 2010 - 'Tough but fair' measures unveiled by Chancellor
Carlisle based firm of chartered accountants Lamont Pridmore is advising clients to pay close attention to the Emergency Budget and its implications for businesses across the UK.
Local businesses are winners with Lamont Pridmore at Cumbria Growth 2010
Cumbria-based firm of chartered accountants, tax and business advisors Lamont Pridmore have announced the winners of the prize draw they held at the Cumbria Growth 2010 event.
Lamont Pridmore to offer technologically advanced security system
Cumbria-based firm of chartered accountants and business advisors, Lamont Pridmore, is setting itself apart from the rest by offering the latest in cutting edge technology to improve the security of their clients’ personal data.
Spreading business knowledge with the Chamber of Commerce
Lamont Pridmore is set to appear at two essential business networking events, hosted by the Cumbria Chamber of Commerce this month.
EFG Loan Review Pending?
Cumbria-based firm of chartered accountants, tax and business advisors, Lamont Pridmore, have commented on a clause hidden deep in the coalition programme.
Emergency Budget
George Osborne presented his first Budget on Tuesday 22 June 2010.
Capital Gains Tax Changes
A new rate of Capital Gains Tax (CGT) of 28% will be introduced. For individuals, the rate of CGT remains at 18% where total taxable gains and income, after taking into account all allowable deductions including losses, personal allowances and the CGT annual exemption, are less than the basic rate limit.
Standard Rate of VAT to Increase
It is proposed to increase the standard rate of VAT from 17.5% to 20% with effect for any supply made on or after 4 January 2011.
HMRC Amend PAYE Penalties Guidance
At the start of the tax year new late payment penalties were introduced for PAYE and other payments due from employers.
Keep Proper Records!
HMRC have recently issued a reminder about the various 'toolkits' that they have developed to assist agents when preparing returns.
HMRC Launch Tax Credit Video
Every year, tax credit claimants must renew their tax credit awards by 31 July or their payments may stop.
Business Link Guidance For Farmers
Business Link has set up a dedicated new online service for farmers and growers.
Maternity Rights for the Self Employed
It appears as though the self employed will become entitled to maternity leave for the first time under new laws introduced by the European Union (EU).
Obama and Cameron back BP
As the oil spill in the Gulf of Mexico has more than halved the price of BP shares and forced the company to suspend dividends until at least the end of the year, there have been fears that BP will never recover from the disaster.
Aviva may target recovering Prudential
As the after effects of its failure to buy Asian insurer AIA hit Prudential, analysts have estimated that the insurer's assets in the US, UK and Asiawould be worth more if they were sold or demerged into separate units.
Pension savings hit by recession
Following the government's plan to raise men's state pension age to 66 by 2016 (2020 for women), and the possibility of future changes being linked to increases in life expectancy projections, now is the time for people to start planning how to make their career or savings last longer.
Prudential moves to reassure investors
With the collapsed deal to buy Asian insurer AIA set to cost Prudential £450 million, the company has taken measures to reassure investors.