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Category: SMEs

Lamont Pridmore

Important updates to Making Tax Digital and late payment rates you might have missed in the Spring Statement

Posted on March 27, 2025 Posted in - Blog, Blogs, Making Tax Digital, MTD, Self Assessment, Self employed & self assessment, self-employed, SME, SMEs, Tax

This week’s Spring Statement brought two announcements that will matter to anyone running their own business or earning income from property.  

Read more…

Lamont Pridmore

Landmark Labour Budget squeezes SMEs despite ‘balance and stability’ message, warns Lamont Pridmore

Posted on October 30, 2024 Posted in - Blog, Business News, Press Releases, SMEs
Spring Statement

Cumbria-based accountancy firm, Lamont Pridmore, has warned that sweeping fiscal changes announced by Chancellor Rachel Reeves will hit SMEs and business owners hard as the Government seeks to plug a ‘£22 billion black

Read more…

Lamont Pridmore

Keeping your SME stable during economic uncertainty

Posted on July 25, 2024 Posted in - Blog, Blogs, SMEs

There have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs) remains gloomy.  

Read more…

Lamont Pridmore

Lessons from Gareth Southgate – Leadership insights for business owners 

Posted on July 18, 2024 Posted in - Blog, Blogs, SME, SMEs, SMEs / Business, Start ups

The recent resignation of Gareth Southgate as England manager, after an impressive eight-year tenure, marks the end of an era.   Read more…

Lamont Pridmore

Understanding the new process for PAYE refunds

Posted on July 16, 2024 Posted in - Blog, Blogs, PAYE, Payroll, SME, SMEs, SMEs / Business, Start ups

The recent announcement by HM Revenue & Customs (HMRC) has introduced a change in the way PAYE refunds are processed.  

Read more…

Lamont Pridmore

Why the National Wealth Fund is a game-changer for SMEs 

Posted on July 15, 2024 Posted in - Blog, Blogs, Business, Funding, SMEs, Start ups

The recent announcement by the new Labour Government to introduce a National Wealth Fund has sent ripples of excitement throughout the business community.  

Read more…

Lamont Pridmore

How you can protect your finances against inflation

Posted on July 4, 2024 Posted in - Blog, Blogs, Business Advice, Inflation, SMEs

Even though inflation has dropped a lot from its peak in October 2022 of 11.1 per cent, the highest rate in 40 years, it doesn’t mean prices are going down—they’re just rising more slowly.

Read more…

Lamont Pridmore

Thinking of investing in electric cars for your business? – Here’s what you need to know

Posted on June 18, 2024 Posted in - Blog, Blogs, Business, SME, SMEs, SMEs / Business, Start ups

The number of electric cars on our roads is rising rapidly. In 2023 alone, the number of new electric vehicles rose by 18 per cent and there are now some, 1.1 million fully

Read more…

Lamont Pridmore

Managing staff costs: Statutory payments and compliance

Posted on June 4, 2024 Posted in - Blog, Business, Cash Flow, Cash flow management, Finance, SMEs, SMEs / Business

Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them.

Read more…

Lamont Pridmore

What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment?

Posted on May 30, 2024 Posted in - Blog, Blogs, Business, Business Advice, Making Tax Digital, MTD, SMEs, SMEs / Business

From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords.

Read more…

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