Directors’ loan accounts: How Section 455 impacts you
Posted on January 2, 2025 Posted in - Blog, Blogs
Directors’ loan accounts (DLAs) are a common financial tool for owner-managed businesses.
Author: Lamont Pridmore
Lamont Pridmore celebrates local excellence with school award sponsorship
Posted on January 2, 2025 Posted in - Business News, Latest News, Press Releases
Cumbria-based accountancy firm, Lamont Pridmore, is proud to continue its support for the next generation of business leaders by sponsoring the Economics & Business Prize at Queen Elizabeth Grammar School (QEGS). The 2024
Cumbria accounting firm rewards top business student in Whitehaven
Posted on December 20, 2024 Posted in - Business News, Latest News, Press Releases
A student from St Benedict’s Catholic High School in Whitehaven has been honoured for her outstanding academic achievements by Lamont Pridmore on Tuesday, 17 December. This year, Lamont Pridmore, a leading firm renowned
Lamont Pridmore enhances access to global expertise through new international partnership
Posted on December 20, 2024 Posted in - Latest News
Lamont Pridmore, Cumbria’s leading family-run accountancy and advisory practice, has strengthened international capabilities through its membership of CharterGroup, which has partnered with Abacus Worldwide. This collaboration offers Lamont Pridmore’s clients unparalleled access to
What tax reliefs can businesses in the creative industry claim?
Posted on December 20, 2024 Posted in - Blog, Blogs, Tax
To support the vibrant sector that is the creative industry, the Government offers an array of tax reliefs and expenditure credits.
Don’t let Self-Assessment become the Grinch that steals your Christmas
Posted on December 19, 2024 Posted in - Blog, Blogs
Christmas. A time of year for tinsel, turkey, tangerines, and… tax returns?
Planning for tax changes to company cars during their lifecycle
Posted on December 18, 2024 Posted in - Blog, Blogs
As businesses plan their fleet strategies, recent changes announced in the Autumn Budget are set to impact the tax costs associated with company cars.
What does the abolition of the FHL tax regime mean for your BADR eligibility?
Posted on December 13, 2024 Posted in - Blog, Blogs
With the planned abolition of the Furnished Holiday Let (FHL) tax regime in April 2025, owners of FHL properties are facing changes to how their properties are taxed.
Understanding company van expenses for sole traders
Posted on December 11, 2024 Posted in - Blog, Blogs, Tax
If you are a sole trader, you must consider the tax implications of owning a van for business use. For sole traders, a van is often an indispensable tool of the trade. Read more…
Are you prepared to spot scams this Self-Assessment season?
Posted on December 10, 2024 Posted in - Blog, Blogs, HMRC, Scam, Self Assessment
We are getting ever closer to 31 January 2025 and the Self-Assessment tax return deadline, so businesses and individuals are being urged to stay vigilant against a surge in tax-related scams.