Update: Making Tax Digital for VAT

Update: Making Tax Digital for VAT

Making Tax Digital (MTD) started becoming mandatory from 1 April 2019, meaning that the vast majority of VAT-registered businesses that are on a quarterly stagger should have submitted their first MTD VAT returns by now. I say ‘should’ since an HMRC...
IR35 and Control

IR35 and Control

For there to be a contract of employment in place, there are three main elements that need to be present. These are: Personal service – the need to carry out work by your own hand. Mutuality of obligation – there must be a mutual obligation between the parties for one...
Pension Planning Update

Pension Planning Update

Planning for your future or planning for now? We are all aware that putting money into a pension enables us to save for our future retirement but have you considered the savings that are available now? Each year, we all have up to £40,000 of annual allowance for...
Tax Planning

Tax Planning

Once upon a time, Tax Planning was seen as a right of all taxpayers. In fact books even had forewords such as ‘The aim of this book is to enable the taxpayer to minimise his commitments to the Revenue’ (1966). In the current climate however, the Courts and public...
Charity Quiz Night 2019

Charity Quiz Night 2019

On 14th November 2019, 16 teams gathered at Braintree Golf Club for the annual Lambert Chapman charity Quiz Night. As part of our fundraising partnership with Essex and Herts Air Ambulance, all proceeds from the evening were pledged towards supporting the life-saving...
Tax Planning

Loan Charge Review Delayed

Following yesterday’s announcement that the report into the Loan Charge has been delayed, concern has been raised that the results will not be published until after 31 January 2020. This charge relates to individuals who entered into disguised remuneration schemes,...