I read an article in the Sunday Times about the launch of bounce back loans and concern about how struggling firms are ever going to repay them. I did consider that a drowning man will not spurn a place in a lifeboat. There would be no guarantee that he will reach the...
HMRC are issuing reminders to those individuals with outstanding Disguised Remuneration Loans. Where they have a Loan Charge they have to report by 30 September. Many taxpayers will have settled with HMRC in the intervening years and may have repaid the loans and...
I recently came across a Business Valuation case where the accountant had provided a pretty solid calculation, in my view. The instructing solicitor for the other side queried why the valuer had seemingly ignored the projections prepared by the company in producing...
Currently where you purchase a new home prior to selling your existing home, you are required to pay the higher rate of Stamp Duty Land Tax on the new purchase. However on sale of the old property, you are, subject to the following rules, eligible to claim a refund...
Introduction to QuickBooks: QuickBooks is an accounting software package developed and marketed by Intuit which can be used to manage income and expenses and keep track of the financial health of your business. You can use it to invoice customers, pay bills, generate...
Within the Lambert Chapman Payroll Department to date, we have seen around 220 Employers use the Coronavirus Job Retention Scheme (CJRS) to furlough their employees. This has resulted in around 850 employees being furloughed since March and claims have been submitted...