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The Coronavirus Job Retention Scheme is changing: Further claim possible under the Self Employment Income Support Scheme

On 29th May the Chancellor announced changes to the Coronavirus Job Retention Scheme. As usual here is a link to the latest guidance on the scheme The opening statement on the latest guidance is worth repeating below verbatim “From 1 July, employers can bring back to work employees that have previously been furloughed for…Read More

Government support for businesses and individuals

THIS SUMMARY IS SUBJECT TO CHANGE AT SHORT NOTICE AS THE GOVERNMENT RELEASES ITS OWN UPDATES – THIS SUMMARY WAS LAST UPDATED MONDAY 23rd MARCH 2020 The government has announced a raft of measures aimed at both businesses and individuals in order to support them during the Coronavirus crisis. Here is an at a glance…Read More

Important Information from Lakin Rose

Everybody in the UK has been asked to stop non-essential contact with other people and avoid all unnecessary travel. This is known as social distancing. As part of this policy the Government wants people to start working from home wherever possible. We have enabled all of our staff to do some work from home and…Read More

Lakin Rose Accountant Receives Award for Top Marks

Lakin Rose Chartered Accountants is delighted to congratulate Beth Davies on achieving the second highest place in the Institute of Chartered Accountants in England and Wales (ICAEW) Order of Merit for East Anglia for students taking the Advanced Stage ACA examinations in 2019. Each year, ICAEW East Anglia officially recognises the students with the highest…Read More

Lakin Rose appoints Emily Orton as Director

We are pleased to announce that Emily Orton has been promoted to Director and will oversee the Taxation Department for Lakin Rose. “We welcome Emily into her new role. ” said Stephen Rose, Founding Director. “We have built a great team and recognize individuals for their leadership and contributions. Emily exemplifies our company’s high standards…Read More

Time to Consider End of Tax Year Planning

With your self assessment tax return submitted for the year ended 5 April 2018 it’s time to look at planning how to reduce your tax bill for the tax year ending 5 April 2019. In order to do this, ensure that you have made use of your allowances, reliefs and exemptions. Have you considered any…Read More

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

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