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Practice News

Jersey Bennet completes the London Marathon!

We’re so pleased for Jersey Bennett, one of Lakin Rose’s trainee accountants who raised over £1,500 for the John Muir Trust charity with added ‘Memory Miles’ of the names of lost loved ones written on her back. Jersey completed the marathon in  5 ¾ hours – a great achievement, and has already signed up for…Read More

Trust registration – important update for trustees

HMRC have recently made changes to the Trust Registration Service (TRS) which mean that many trusts which were previously exempt from registration will need to be registered by 1 September 2022. If we already act on behalf of a trust with which you are associated then we will be in touch directly to ensure that…Read More

Lakin Rose appoints new Director

Lakin Rose, a leading independent Cambridge accountancy firm, are pleased to announce the promotion of Natalie Peacock to Director. Natalie will continue to head up the Audit and Larger Businesses Department. Natalie joined Lakin Rose in 2015 after qualifying ICAEW and CTA with another Cambridge firm. She has considerable expertise in audit and tax and…Read More

Lakin Rose says farewell to Chris Beaumont

Lakin Rose, a leading independent Cambridge accountancy firm, are sad to see Chris Beaumont leave the firm after 28 years of dedicated service. Chris joined Rose & Co in 1994 from Deloitte and, together with Stephen Rose, formed Lakin Rose in 1997. From small beginnings (just 2 partners and 3 staff) Chris has been a…Read More

Lakin Rose bids a fond farewell to Stephen Rose

Lakin Rose, a leading independent Cambridge accountancy firm, are sad to see founding director Stephen Rose leave the firm to enjoy a well-earned retirement. Stephen set up Rose & Co. (the predecessor firm of Lakin Rose) in 1985 and has been instrumental in growing the practice over the last 36 years to become one of…Read More

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 https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-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

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