Lambert Roper & Horsfield Limited Accountants Calderdale, Huddersfield
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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Charities


Charities must comply with more stringent accounting rules than businesses of an equivalent size.

We can help charities produce accounts that comply with the special accounting rules (SORPs) under which they operate.

Our specialist team has the experience and knowledge to carry out charity audits. Our approach to our audit work is work is to use it as a tool to provide useful feedback to help the charity move forward and because we and understand the issues charities face, we are ideally placed to provide tailored solutions to potential problems or risks and identify opportunities to help them run more efficiently and cost-effectively.

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

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We are delighted to announce that the LRH client portal (powered by Onvio, a Thomson Reuters company) is now fully operational… Continue reading →

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Telephone: 01422 360788

Email: mail@lrh.co.uk

 

Latest News

Revenue updates guidance on tipping apps

May 9th, 2022

When HM Revenue & Customs’ (HMRC’s) current guidance on the tax treatment of tips and troncs was first published back in 2014, tips and troncs were paid almost exclusively in cash or through card transactions.

Of course, in the eight years since, things have changed dramatically and payments are frequently made via app-based platforms, whether for delivery drivers or waiting staff.

Now, HMRC has updated its guidance to take account of these changes and clarify the tax position that applies to different arrangements.

Importantly, the new guidance does not change the tax status of payments made through app-based platforms. Instead, it offers further clarification of the position and its application in various circumstances.

The two key takeaways are:

  • Tips and troncs passed from an app to an employer without an independent troncmaster are subject to National Insurance and PAYE, even if they are intended by the customer to be passed to a specific member of staff.
  • Tips paid directly by third-party apps to employees are not subject to National Insurance and PAYE. The onus is on employees to notify HMRC of this income.

App-based tipping arrangements can be set up in many different ways, with seemingly small variations in how they’re operated having sometimes significant impacts on the tax positions of employers and employees alike.

It is crucial not to make assumptions about the tax status of any app-based set-up you are using as errors can lead to HMRC inquiries and potentially hefty penalties.

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