With HMRC looking to change the way our clients keep their records, join us for an update on what their proposals are and how they will affect you. Clients and non-clients welcome:
Halliwell Centre, Trinty Colleage, Carmarthen:
- 2pm 5th April
- 7pm 5th April
- 10am 6th April
Agriculture House, Winch Lane, Haverfordwest
- 4pm 3rd April
- 7pm 3rd April
To attend any of the sessions please email: firstname.lastname@example.org or call 01267 237534
LHP are pleased to announce the opening of our Pembrokeshire office in Haverfordwest.
The team will be looking after the clients of David Bowen & Co, based in Agriculture House, Winch Lane. The acquisition will enable LHP to extend their reach further into west Wales and offer those clients additional services, not currently being offered.
David Bowen & Co have been trading for over 20 years and selected LHP to ensure his clients will continue to have a high level of service. "Of utmost importance to me is that ultimately I pass over to a successor who is like-minded to myself, where clients are not treated as a number but afforded the courtesy of a personal and professional relationship". David Bowen.
For further information, please contact our office in Carmarthen 01267 237534 or Haverfordwest 01437 766749 or email: email@example.com
Following on from a very successful 3rd LHP Business Awards, which included over 200 business people from the local community, Ginhaus Deli from Llandelio won the overall award for best business.
Other winners included:
- The Bug Farm
- Princes Gate Spring Water
- Mrs Bucket Cleaning services
- Morgan & Morgan
- Chuckling Goat
- Enzo Homes
- Ginhaus Deli#
Well done to all the winners and the nominees!!
Director Matthew Williams presented along with the team at Barclays, a look at the future of accountancy.
With the advert of Digital banking, Matthew was able to show the attendees the cloud based accounting package, Xero.
LHP are the only certified firm of accountants west of Swansea who specialise in Xero.
LHP are holding their 3rd annual west Wales Business Awards at Parc y Scarlets on the 7th May 2015.
Nominations are being sort for the following catergories:
- Best agricutural business showing innovation
- Best Food product or restaurant
- Best New Start up
- Best Young Entrepreneur
- Best Overall exisiting business
To book a table at the event or to enter your business for the awards, then please contact 01267 237534 or email firstname.lastname@example.org
With the advent of new forms of bookkeeping, LHP Chartered Accountants have introduced a free transfer for all SAGE & Quickbooks clients to Xero (saving £180).
The bookkeeping software is held in the cloud which means that both our clients and ourselves have real-time information to their financial position.
Our clients who have started to use Xero have been thrilled with the new software and how easy it has been to use.
If you would like to have a trial of Xero or any other cloud based software, then please contact Matthew or Carina in the office.
See our website for further details: XERO BOOKKEEPING
LHP Chartered Accountants are pleased to announce that we will shortly be moving to new premises.
To accommodate a sustained period of growth, LHP will be moving to: Gwynne House, 6 Quay Street, Carmarthen SA31 3JX as of the 1st September 2014.
With easier access and better meeting facilities, we hope that our clients will find the new offices as a positive step.
Come and join us on the 19th September between 10-2pm for light refreshments. We look forward to seeing you!
Due to the continued growth of the practice we would like to hear from any indiviudals who would like to start a career in accountancy.
With full training opportunities and college release, we offer in-house mentors who will assist you through your training needs. At LHP we offer excellent working conditions and a friendly atmosphere to enable to grow and learn.
If you feel that this is an opportunity that you would like to participate in then please contact the office manager Janet Collins with a CV to: email@example.com
With the recent ending of the Property Sales Campaign on 6 September 2013, HMRC are continuing the theme of targeting property owners who have not declared the correct tax by offering a new campaign aimed at undeclared rental income.
HMRC are looking at landlords who own properties and let them on a variety of different basis aside from long-term lets including holiday lets, student lets and workforce lets.The campaign will last an unusually long time of 18 months during which taxpayers can come forward at any point with a disclosure of their undeclared income from rented properties.
HMRC can rely on a wealth of available information to identify landlords who have either not declared any rents or are not declaring all rents received. This can be from a number of sources including computerised records from other government agencies and local authorities, freely available information from the internet and information gathered from HMRC surveillance or tip-offs from the public. Disgruntled tenants can be a good source of information to HMRC!
As ever, lower penalties can be negotiated for those who come forward as part of the campaign. Those who do not come forward can expect higher levels of penalties should HMRC later catch up with them and in certain cases criminal prosecutions can also occur. HMRC has estimated that 1.5 million landlords underpay tax totalling £500m every year and would therefore view this as a big opportunity to claw some of this tax back, hence the longer than usual period the campaign is open.
If you are concerned by this approach by HMRC and require any advice then please do not hesitate to contact us for further details.
With further growth in our audit department, we are pleased to announce that Mr Rhys Jones has joined our audit team.
Rhys, who originally comes from Lampeter has previously worked with O'Brien & Partners in Cardiff and more recently with Haines Watts in Newport. Rhys brings a wealth of audit and, more importantly, business experience with him. Having the same accounting systems here at LHP as his previously employment, has allowed Rhys to 'hit the ground running' and our clients are already seeing the professionalism and knowledge that he brings.
Rhys, who is also a Welsh speaker, says 'I am delighted to be joining LHP Chartered Accountants as they embark on a period of substantial growth. With many new audit and other regulated clients like solicitors identifying what LHP could offer them, gives me an exciting new challenge'
In March, LHP launched their inaugural golf day for clients and associates. With over 18 teams playing on a wet and windy day at Machynys Golf Club, Llanelli, it turned out to be fantastic day for all.
Luckily the rain stopped after the 2 holes and the sun started to shine and some good golf was played.
After the golf there was time for networking, dinner and an awards presentation. Surprisingly the overall winners were the LHP team headed up by Matthew Williams and his guests.
We would like to thank all of those who attended and offered prizes - see you next year.
To assist our clients with the forthcoming introduction to Real Time Information (RTI) for PAYE, we will be having a seminar at the Boar's Head on Lammas Street on the 27th February 2013.
For those who would like to attend please contact the office on 01267 237534 or email: firstname.lastname@example.org
From January the 7th 2013 the office of LHP will be open from 9am to 5pm Monday to Friday.
We hope that these new extended opening hours will help us provide an improved service for all our clients.
Eirian Humphreys of LHP, in conjunction with Siân Bushell Associates and Agriadvisor are hosting a seminar on Succession and Exit Tax Planning for farmers on Friday evening the 7th December 2012 at Pontargothi Hall. If you are interested in attending please contact our office for further details.
Today the Chancellor announced his autumn statement, which outlined the Governments plan for the next few years. In recent years this has become as important as their March Budget speech.
Many new initiatives were announced and further details came be obtained through the partners Matthew Williams or Eirian Humphreys. One headline feature was the extension of the 100% capital allowances from £25,000 per year to £250,000 from 1 January 2013.
The Falcon Hotel once again hosted the LHP Business Luncheon. Over 30 people were in attendence and an excellent talk was given by Dai Nicholas on grants.
This was a great networking opportunity with many new attendees. Our next lunch will be on the 26th January 2013. If you would like to attend, please contact the office or email email@example.com
As a keen rugby supporter Matthew Williams was kindly invited to the Scarlets match v Leinster by the Swansea based solicitors Morgan La Roche.
Whilst the Scarlets lost a tight match, the company and hospitality were fantastic which made up for the defeat. Hopefully the Scarlets can improve and qualify for the quarter finals.
Pictured L-R; Matthew Williams (LHP), Kevin Thomas (Morgan la Roche) & Howell Richards (Cwrt Malle)
The inaugural business lunch was keenly supported on the 26th October at the Falcon Hotel.
With nearly 30 participants, an excellent presentation was given by Glyn Phillips of Bluewave Internet. He spoke for about 20 minutes on his business and rural broadband business he had started. Many questions were taken and the audience found the content very interesting.
The next lunch will be on Friday 30th November. Anybody who would like to attend, then please contact the office on firstname.lastname@example.org
In addition, if you have a topic or presentation that you would like to talk about, then please do not hesitate to contact our office.
Celebrating the Welsh Dairy Show 2012, LHP attended the show this year to support our local farmers.
We met lots of our clients as well as some new ones. It was a great event and well organised by the Showground committee. We at LHP feel that as many of our clients are agriculturally based we have the knowledge and experience to support and advise them whatever the issue. We can advise on both financial and non-financial matters.
Speak to our agricultural team for further information: Eirian Humphreys on 01267 237534 or email@example.com
LHP invited clients and business contacts to join them at the Countryside Alliance day at Ffos Las in October.
A fantastic day was had at the racing, although not much money was won. Our guests from the agricultural industry in Carmarthenshire and came to support the Countryside Alliance cause.
LHP - Chartered Accountants have launched the new business start up awards for west Wales.
With cash prizes for the winners of each section, along with free accountancy services for the year and free South Wales Chamber membership, it promises to really support new businesses in the difficult economic times.
The awards are for:
The event will finish with a presentation and awards night in April.
In association with the Carmarthen Journal and the South Wales Chamber, entries will close on the 1st February 2013.
Friday 12th October at the Falcon Hotel, saw the re-branding of the firm to LHP - Chartered Accountants. Over 80 people from the business and financial community came to support our launch which also included a host of new services and the redesign of our brand.
In addition to the relaunch, we announced three new inititives:
These were warmly received and the day was a fantastic success. Thank you to all of you who attended.
In line with our new logo, LH Phillips & Co have rebranded to become LHP - Chartered Accountants.
With a wealth of new services and a range of business advisors to assist our clients LHP are set to become a new form of accountants. Our launch on Friday 12th October 2012 at the Falcon Hotel promises to be an exciting event, showcasing the many qualities and strengths the firm has to offer.
Look out for photo's and updates next week.
Matthew Williams and Janet Collins attended a two day course provided by Digita (Thomson Reuters). Digita are our accounts and tax software providers and the course proved to be a huge success with new updates and ideas that go into our software.
LH Phillips & Co use Digita as our software providers as they are a innovative company who look to constantly improve their software based on what we as accountants require to best service our clients. Unlike SAGE and IRIS, the conference provides all uses with a sounding board of what we think of the current software and what we would like to see in future releases.
Being this flexible allows us to keep our clients up to date and in line with statutory changes.
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