Lubbock Fine

Having worked at Lubbock Fine for his secondment, Luke Donald shares some highlights of his experience with us.

We're delighted to have facilitated this opportunity, allowing Luke to expand his knowledge and develop his skills both professionally and personally away from his home down under.

On Saturday 28th June a group of LF staff, complete with family and friends, undertook 13.1 miles around London in a bid to raise money for our charity of the year, Beatson Cancer Charity. 💛

The team walked 30,000 steps in 4.5 hours, starting and finishing at our St Paul's office. Despite the hot weather, spirits were up and a great time was had by all.

If you'd like to sponsor our walk in support for Beatson, please do so here - https://www.justgiving.com/page/lubbockfinebeatsoncancercharity?utm_medium=FR&utm_source=CL.

We appreciate any support you can give!

Many employers overlook the value of trivial benefits - small, non-cash gifts that can be given tax-free under certain conditions. Used well, they’re an excellent way to engage and reward your team.

In this blog, Gail Swinburn, Director, delves into what qualifies as a trivial benefit, the rules you must follow, and the key considerations for directors and employers alike.

https://www.lubbockfine.co.uk/blog/trivial-benefits-a-tax-free-way-to-reward-employees/

Understanding PAYE Settlement Agreements (PSAs) can be a valuable way for employers to streamline their tax reporting and take the burden of tax off employees for certain benefits.

Director, Gail Swinburn, takes you through when a PSA is appropriate, how to apply, and what can (and can’t) be included.

https://www.lubbockfine.co.uk/blog/what-is-paye-settlement-agreements-psas-and-when-should-you-use-one/

Our tax partner David Portman was recently featured in IFA Magazine, eprivateclient and Business Money, sharing his views on the worrying decline in investment into small UK businesses and urging the government to do more to support its “growth agenda.”

David’s comments followed newly released data showing:
- Investor’s Relief claims dropped 18% last year – down to £242m from £294m
- Enterprise Investment Scheme (EIS) investment also fell by 20% – from £1.97bn to £1.58bn

Our research supports this trend, highlighting how tax breaks designed to encourage funding for small, unlisted UK companies are no longer delivering the same impact.

You can read more there: tinyurl.com/4prnts75

Tax breaks to encourage fund raising for smaller unlisted UK companies needs a boost as they risk falling out of favour - IFA Magazine Usage of a tax break designed to encourage UK investors to fund unlisted companies seems to be falling out of favour says business advisors and chartered

Last Friday’s away day brought the whole firm together for a day of team building, fun and some healthy competition. From a scavenger hunt around Southbank to pétanque and magic bingo, we made the most of the sunshine, with plenty of ice cream, ice-cold drinks and great company throughout.

A fantastic day to reconnect and celebrate our team culture!

Hear from Erin Bourne as she reflects on her work experience placement with our marketing team, sharing the valuable insight and skills she gained during her time with us.

At Lubbock Fine, we are committed to creating opportunities that support early career development and help individuals take their first steps into the industry.

Mark Turner, Partner and Head of Professional Services, recently contributed his expert insights to Practical Law by Thomson Reuters, exploring the pressing issue of payment delays in law firms.

Our latest research reveals that the top 50 UK law firms are waiting over six months on average to receive payment. In response, Mark outlines 12 practical solutions to help firms address the problem. These include implementing more proactive billing practices, strengthening client onboarding, and using digital tools to support credit control and automate payment reminders.

At Lubbock Fine, we work closely with law firms to enhance their financial resilience, offering tailored advice that reflects each firm’s unique challenges and long-term goals. If your firm is facing similar challenges, feel free to get in touch with Mark to discuss how we can help.

Read the full article here: https://uk.practicallaw.thomsonreuters.com/w-047-0694?transitionType=Default&contextData=(sc.Default)

With interest rates at their highest in years, client money held by solicitors is now generating more income than it used to. While that might seem like a positive, it can actually have a knock-on effect on how much VAT the firm is allowed to reclaim.

Sharon Parker, VAT director, explores this growing issue in more detail and explains why law firms should review their position sooner rather than later.

https://www.lubbockfine.co.uk/blog/solicitors-holding-funds-in-client-accounts-a-growing-vat-issue/

We are pleased to share that we have won the Business Awards UK, Accountancy Awards 2025 in the ‘Accountancy Firm of the Year’ category.

This award reflects our commitment to fostering an amazing working culture. Lubbock Fine is our people, and our success comes from everyone’s personal contributions, to making the firm an outstanding place to work.