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November 2017: Tax relief for pension contributions

November 2017 For many years, the government has incentivised taxpayers to build up their pension pots by providing tax relief for contributions. We frequently find that there is some confusion about the different ways in which tax relief for pension contributions is obtained and the limitations on that tax relief. Types of pension contribution The…Read More

August 2017: Rental Property Expenses

There have been a number of changes in the last year regarding tax-allowable expenses for landlords. This article aims to give a summary of the amounts that remain allowable and to highlight key changes that have been made. Revenue Expenditure Many of the general expenses remain allowable, including: Letting fees and property management fees Utilities…Read More

October 2016: Lakin Rose Welcomes Two New Employees

We are pleased to welcome Liezel Hanley and Sally Adelman to the Lakin Rose team. Sally is an experienced general practice accountant who is joining Lakin Rose (on a part time basis) to help us provide accounting and tax services to our growing number of clients. Liezel is our new Virtual Finance Manager who will…Read More

September 2016: Lakin Rose races to success!

We’re pleased to say that we took part in on one of the great Cambridge events – the Chariots of Fire relay race for charity on Sunday 18th September. This year, the race raised money for the Papworth Hospital Charity and is organised by Hewitsons each year. With two Lakin Rose teams competing, we are…Read More

August 2016: People with Significant Control (PSC) Register

The latest Government initiative: the PSC register has been implemented to ensure that anyone with a significant interest in a company can be easily identified. They are introducing this extra register to ensure transparency and to help combat money laundering. This applies to UK Companies, SocietatesEuropaeae (SEs) and Limited Liability Partnerships (LLP’s) and any people…Read More

July 2016: Auto Enrolment for your business

Auto enrolment is the government-backed enterprise to ensure that people are saving for their retirement. Qualifying employees are now automatically enrolled into a pension scheme by their employers unless they specifically ask to opt out. The Pensions Regulator is introducing this scheme to employers in phases, so a number of employees have already implemented the…Read More

July 2016: Making Tax Digital

There are a number of initiatives that the HMRC want to implement over the next few months and years. One of the main projects on the go at the moment is Making Tax Digital. While the Brexit decision may delay the plans somewhat, the general consensus is that this will go ahead and we will start to…Read More

July 2016: Vic Moseley wins the 2015/2016 Lakin Rose Fantasy Football League

Lakin Rose is pleased to congratulate Vic Moseley of VM Associates who has won last season’s fantasy football league. In a hard fought competition with Vic pipping Lakin Rose’s very own Tom Beaumont to the post in a nail-biting finale. Stephen Rose aka Lakinwolf comments: “Vic is a seasoned fantasy footballer and we’re looking forward…Read More

July 2016: Lakin Rose welcomes Hugh Thorburn as the new Payroll Manager

Lakin Rose is pleased to welcome Hugh Thorburn as the new Payroll Manager. Before joining Lakin Rose Hugh was the Payroll Manager at a corporation based in Surrey. Stephen Rose Lakin Rose Director comments: “It’s great to have Hugh with us. The payroll function is getting more and more complicated with the recent addition of…Read More

November 2015: Lakin Rose Celebrates 30 Years in Business in Cambridge

Lakin Rose Chartered Accountants celebrated its thirtieth anniversary last week with a drinks reception at Emmanuel College. Lakin Rose provides tax, audit and other professional services for businesses and individuals across a range of industries, including hi tech and bio tech companies, agriculture and property. Stephen Rose, Director and Founder of Lakin Rose. “It was…Read More

November 2015: Great end to the season for the Lakin Rose Scorchers

Sadly the end of summer heralds the end of the cricketing season. The Lakin Rose Scorchers, who are part of the Cambridge Business House League, had an impressive first season. They finished off the season with 4 wins and 2 losses under their belt. Unfortunately the much-anticipated accountants’ derby against PWC did not take place…Read More

November 2015: Phew it’s a scorcher!

Lakin Rose Chartered Accountants are making the most of this beautiful summer weather by doing what us Brits do best…taking part in the Cambridge Business House Cricket League! The team, aptly named the Lakin Rose (LR) Scorchers, is made up of past and present employees with an occasional friend recruited for games. With the season…Read More

November 2015: New Xero partnership

We are pleased to announce that we have signed up in partnership with Xero, the cloud-based accounting software solution that allows business access to their accounting software, anytime and on any device With banking feeds as well as extra functionality including a CRM add on, Xero provides small businesses with a wide variety of services…Read More

November 2015: RTI relaxation for small businesses coming to an end

Under the new Real Time Information (RTI) rules which became applicable for businesses in April 2013, the HMRC recognised that employers that have 50 employees or less needed more time to get to grips with the system. This also applies for small businesses who need to pay their staff on a more regular basis (a…Read More

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