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...
As part of the Government Support package for Employers, it was agreed back in March that they would be able to reclaim 2 weeks Statutory Sick Pay (SSP) for employees specifically affected by Covid19. Ordinarily, Employers have not been able to reclaim SSP paid out in...
As you will no doubt be aware, there have been changes introduced from 6 April 2020 which require reporting for tax purposes a lot earlier than normal. If you have made a taxable gain on a residential property, you are now required to report this to HMRC within 30...
Landlords and owners of second homes who have to pay Capital Gains Tax (CGT) on the sale of their additional property, now have to report and pay the tax within 30 days from 6 April 2020. Private Residence Relief allows people to sell their main residence without...
