Budget Update

For a summary of the 2005 UK Budget, please click on www.budgetupdate.co.uk/bs2008/index.html.

Frank McDowell - Appointed Trustee of London Citizens

Frank McDowell has recently accepted appointment as the Financial Trustee of London Citizens and also chairs the finance subcommittee.

London Citizens is a diverse alliance of active citizens and community leaders organising for change.

Members include faith groups, schools, student organisations, union branches and residents groups who share a commitment to action for the common good, and to nurturing leaders from all backgrounds.

This adds to Frank's existing trusteeship of
The Zacchaeus 2000 Trust,
a charity whose aims are connected to poverty relief.

Bandna shines in exams

The newest member of the LMG team has just discovered she has passed the latest of her ACCA exams (Stage Two). Congratulations to her and the result justifies all her hard work.

New appointment at Linn Maggs Goldwin

During an exceptionally busy time for Linn Maggs Goldwin, the managament team are pleased to have appointed a bright economics graduate to a trainee position at the practice.

Bandna Mehra will assist our senior accountants with company account preparation, audits, payrolls and VAT returns, with special responsibility for company secretarial work.

Bandna is being supported by LMG as she studies for her Association of Certified and Chartered Accountants exams and we wish her the best of luck as she awaits the first results of her intermediate level exams.

Keith Harbison Leaves LMG

Linn Maggs Goldwin is losing the services of Keith Harbison. Keith, a senior member of the LMG team for over two years, has been part-time financial controller of one of our major clients, which specialises in IT, hardware and networking provision for large corporations.

The rapid growth and success of the company means that they now need a full-time in-house financial officer. Keith's experience and expertise - and intimate knowledge of the company - means he is their ideal candidate and LMG, reluctantly but by mutual consent, is happy for him to take up their client's offer of this position.

Paul Goldwin, joint partner at LMG, said "Keith had to take this opportunity and we all wish him well. However, with LMG still providing auditing services, corporate taxation and other advice to the company, we will remain in constant contact with the company and Keith".

Keith leaves at the end of August. We are currently finalising arrangements with a new addition to the team, who will be joining shortly afterwards to take over Keith's other responsibilities.

New future for Linn Maggs Goldwin

After a comprehensive review of Linn Maggs Goldwin activities, it has been decided to restructure the management of the practice. These changes are designed to help us develop the range and quality of the business and corporate services we offer our clients.

Following this review, Roger Maggs has decided to retire from Linn Maggs Goldwin. Shereena Nathwani will continue to service the personal tax requirements of our clients, whilst Roger will provide individual specialist consultation, when required.

Frank McDowell now joins Paul Goldwin as Partner at Linn Maggs Goldwin. Our established team of Keith Harbison, Paul Fryer, and Shereena Nathwani will be also joined by Stephen Ooi, a recently qualified accountant.