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Accountants, Tax and Business Advisers in Cumbria and Carlisle

Accountants, Tax and Business Advisers in Cumbria and Carlisle

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Category: News

Lamont Pridmore

New payrolling of Benefits-in-Kind (BIK) system: A guide for SMEs 

Posted on January 25, 2024 Posted in - Blog, Blogs, Income Tax, News, Payroll

From April 2026, small and medium-sized businesses will be required to report and pay taxes on employee benefits like company cars and accommodation directly through their payroll software. Read more…

Lamont Pridmore

Warning to all taxpayers – Pay your taxes on time amidst rising interest rates 

Posted on January 24, 2024 Posted in - Blog, Blogs, Inflation / Interest Rates, News, Tax

As the deadline for paying any tax approaches, it is crucial you make your payments accurately and on time before it is too late. Read more…

Lamont Pridmore

Understanding loss carry-back claims

Posted on November 1, 2023 Posted in - Accountancy, Accounting, Blog, Blogs, Business, HMRC, Latest News, News, SME, SMEs, Tax, Tax Blog

In the unpredictable world of business, it’s not uncommon for companies to experience financial losses.  

Read more…

Lamont Pridmore

100 days until the Self-Assessment deadline: Are you ready?

Posted on October 25, 2023 Posted in - Accountancy, Accounting, Blog, Blogs, Finance, Financial Planning, HMRC, Latest News, News, Self Assessment, Tax, Tax Blog, Tax Planning

We are now only 100 days away from the Self-Assessment tax deadline on 31 January 2024.  

Read more…

Lamont Pridmore

How management accounts can help your business

Posted on October 11, 2023 Posted in - Blog, Blogs, Business, Business Advice, Business Blog, Cash Flow, Cash flow management, Finance, Financial Planning, Latest News, News, SME, SMEs, SMEs / Business, Tax

Management accounts are vital in keeping on top of your business’s performance. But what are they, and how do they work?

Read more…

Lamont Pridmore

How the National Living Wage increase could affect businesses

Posted on October 4, 2023 Posted in - Blog, Blogs, Business, Employees, Finance, Financial News, HMRC, Latest News, Money, News, SME, SMEs, Wages

At the latest Conservative Party conference, it was confirmed that the National Living Wage will be officially rising to £11 an hour for those over the age of 23, starting from April 2024.

Read more…

Lamont Pridmore

Tax reliefs business owners can claim amidst record Corporation Tax payments

Posted on September 27, 2023 Posted in - Accounting, Blog, Blogs, Business, Business Blog, HMRC, Latest News, News, SME, SMEs, SMEs / Business, Tax, Tax Blog, Tax Planning

HM Revenue and Customs (HMRC) recently reported a record-breaking increase in Corporation Tax receipts for the 2022/23 tax year.

Read more…

Lamont Pridmore

18-year-olds to be included in auto-enrolment expansion

Posted on September 21, 2023 Posted in - Accountancy, Accounting, Blog, Blogs, Finance, Latest News, News, Payroll, Pension, Pensions

A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions of young people across the UK.

Read more…

Lamont Pridmore

Five strategies for leveraging financial forecasting

Posted on September 20, 2023 Posted in - Accounting, Blog, Blogs, Business, Business Advice, Business Blog, Cash Flow, Finance, Financial Planning, Latest News, Money, News, SME, SMEs

In the dynamic world of business, financial foresight is not just a luxury; it’s an essential ingredient for success.

Read more…

Lamont Pridmore

Crafting success: Selecting the right business framework

Posted on September 13, 2023 Posted in - Blog, Blogs, Business, Business Advice, Business Blog, Latest News, News, self-employed, SME, SMEs, SMEs / Business, Start ups

In order for your business to be both financially secure and successful, you need to ensure you choose the right business framework.

Read more…

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