Lambert Roper & Horsfield Limited Accountants Calderdale
Business Services

Most businesses are very good at providing the products and services that their customers need – but running a business involves much more than that.

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Private Clients

The financial world is a complicated place and there are times when you’ll need some expert help.

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Wealth Management

When it comes to your finances, taking time out to seek expert advice is always a wise investment.

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Specialist Services

We also provide specialist services to a range of other clients.

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You are here: Home » Business services in Calderdale » Tax Compliance

Tax Compliance services in Calderdale


Every business must complete tax returns reporting their income and profits under the self assessment regime.

Businesses with employees must also comply with Pay As You Earn (PAYE) regulations, which include issues such as benefits in kind, while the complex VAT regime creates further compliance challenges. We offer a range a range of services to help you stay compliant, including:

  • preparing individual, partnership and corporation tax returns, with supporting computations and calculation of liabilities
  • preparing weekly or monthly payrolls, calculating tax and national insurance payable and preparing associated end of year returns (P35, P14 and P60)
  • preparing P11D forms, relating to employee benefits in kind or expenses. Where appropriate, we can obtain a dispensation against making a return of certain expenses.
  • checking forms for compliance, including Form 42, where an employee receives shares in a company, or Form 11, when a company car has changed
  • checking your VAT returns. We can also prepare VAT returns from your underlying records or produce these records for you.

To find out more about how we can help you, please contact LRH accountants in Calderdale.

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After almost 25 years at the Old Woolcombers Mill in Halifax, LRH Chartered Accountants have moved to new premises in … Continue reading →

Get in touch!


Telephone: 01422 360788

Email: mail@lrh.co.uk

"We provide proactive and timely advice, based on an in-depth knowledge of our clients and their businesses."

Nick Frost, Director

"Honest, long-term relationships that help clients achieve their goals."

David Roper, Director

"Accurate and timely information is essential for business owners and enables them to make the right decisions."

Sam Mitchell, Director

 
 

Latest News

Government extends childcare voucher scheme for additional six months

April 3rd, 2018

Working parents across the UK will be delighted to hear that the Government has agreed to a six-month extension of the childcare voucher scheme.

It has been estimated that around 80 per cent of working parents may be better off using Childcare Vouchers rather than the new tax-free childcare scheme.

The voucher scheme allows employees to gain access to funding for childcare through their employer and, in return, employers can save up to £402 per year in National Insurance Contributions for every employee who signs up.

Following a number of debates in Parliament, the Secretary of State for Education, Damian Hinds, confirmed that the Government has agreed to a six-month extension of the Childcare Voucher scheme. Therefore the scheme will not be closing in April as previously reported.

The Government’s extension to the popular scheme was announced following criticism, which claimed that the tax-free childcare scheme is poorly understood and its rollout has been botched.

The childcare voucher scheme is available to all working parents in the UK and allows parents to take up to £55 each week from their salary before tax and National Insurance, or £243 a month, to spend on childcare no matter how many children they have, as long as the parent is a basic-rate taxpayer.

However, using the alternative tax-free childcare scheme parents have 20 per cent of their childcare costs met by the Government each year, up to a limit of £2,000 a year per child, or £4,000 if a child is disabled.

This scheme is open to self-employed people, who are excluded from the childcare voucher arrangements.

Subject to eligibility, both parents (if they are together) must be working 16 hours a week and paid at least the National Living Wage of £7.83 an hour, if over 25, or £125.28 a week to receive tax-free childcare.

For families within the basic-rate tax bracket who qualify for either scheme, anyone who spends less than £9,336 in total on childcare would likely be better off with vouchers. The same goes for those who pay the higher tax rate and spend less than £6,252 in total.

However, families with a larger number of children are more likely to benefit from tax-free childcare, as the system works on a per-child basis rather than per parent.

Anyone who is claiming tax credits or universal credit or if either parent earns more than £100,000 will not be eligible for tax-free childcare.

The two schemes cannot be used in conjunction with one another, but either can be used alongside the 15 or 30 hours of free childcare offered to children aged three and four.

Link: www.childcarechoices.gov.uk  

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