Lambert Roper & Horsfield Limited Accountants Calderdale, Huddersfield
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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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The financial world is a complicated place and there are times when you’ll need some expert help.

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

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Media and Marketing


Media and marketing firms operate in a highly competitive marketplace that offers real opportunities for success, as well as major concerns about cash flow and the performance of your business.
Working with experienced accountants who understand the complex and ever changing tax, VAT and accounting issues associated with your industry will help you to identify opportunities for building your business in the most effective and sustainable way, while ensuring that you have a strong financial foundation to maintain your competitive edge.

Lambert Roper & Horsfield is experienced in working with firms in the media and marketing sector and appreciate that your business faces its own unique challenges.

The availability of new technology within the sector means companies are constantly under pressure to finance new machinery to keep pace with improvements. We can help you gain funding for new technology and develop a strategic business strategy that ensures cash shortfalls are indentified and managed.

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

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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