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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Haulage


Haulage companies operate in an increasingly competitive environment with real opportunities for success through reducing costs on a daily basis and lowering prices.

With such challenges and prospects, having expert accountants and business advisors behind you is essential to help you run your business as efficiently and as cost-effectively as possible and to keep you a step ahead of the competition.

Lambert Roper & Horsfield is a leading independent firm of chartered accountants who are specialists in business development and corporate finance. We are experienced in working with haulage firms and appreciate that your business sector faces its own unique challenges.

We can help you control your margins through strategic business planning, including budgeting and cash flow management. We can also assist in minimising your tax liabilities and ensuring that you extract money from your business in the most tax-efficient way possible.

Our services include:

  • acquisitions and disposals
  • annual and management accounts
  • audit
  • budgeting and cash flow
  • business strategy
  • sourcing grants and funding
  • succession planning
  • tax compliance and planning
  • VAT

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

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Get in touch!


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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