Meeting an accountant for the first time? Discover what to expect in your initial consultation with Lambert Chapman LLP – trusted accountants in Essex offering tailored advice for individuals and businesses.
An HMRC investigation can happen when you least expect it, whether you’re running a busy company or managing your personal finances. Even if you’ve done everything right, you’ll still need to respond in detail, provide evidence, and deal with back-and-forth questions....
You may hear us, as accountants, mention FRS 105 or FRS 102 when we discuss your accounts, but what does this actually mean to you as a business owner and the end user of the accounts? The accounting standards were simplified and came into effect for periods beginning...
I often get asked what the best cloud accounting software is to use. As with anything, we all have personal favourites. However, when it comes to your cloud accounting software, just because it is my favourite does not always mean it is the best fit for you or your...
It was announced back in 2021 that from April 2024, businesses, including sole trades and partnerships, would be taxed on their profits arising in the tax year, rather than on their accounting year end. This is referred to as the tax year basis of assessment. This...
We all lead such busy lives that the day-to-day task of bookkeeping is something that can often fall by the wayside. Should this be the case? Bookkeeping and keeping your accounts up-to-date can be as important as generating new business. From your records you should...
