Revealed – High street banks are charging small firms 20% interest

17 Jan 2018 | Firm News, Corporate Finance

This was the headline which greeted me when I located the Business and Money supplement amongst all the other sections of the Sunday Times on 31 December 2017 last year. Absolute joy! The article is now scanned into my tax planning file should it be needed later on....

Important Notice: HMRC ceasing to accept personal credit cards from Saturday

11 Jan 2018 | Firm News

You may have read recently that it will become law that companies are no longer allowed to levy surcharges to customers if they pay by debit or credit card with effect from 13th January. The main industry where I have noticed the credit card surcharge has been for...

Lucy Orrow: Government Review of Inheritance Tax

9 Jan 2018 | Firm News, Inheritance Tax

Recently HM Revenue & Customs were tasked by the Government to undertake a review of Inheritance Tax (IHT) reliefs and exemptions. Their findings were not unexpected. Many individuals who were included in the discussions had little or no awareness of IHT reliefs...

HMRC – Checking the Employment Status of your Sub-contractors

4 Jan 2018 | Firm News, Contractors and IR35

You may have been one of the businesses that received a letter in November 2017 from HMRC inviting you to check the employment status of your subcontractors. If you were, what action have you taken? Have you gone to www.gov.uk and run your subcontractors through the...

Client Satisfaction Survey Prize Draw

3 Jan 2018 | Firm News

Prize draw terms and conditions Last Updated: 25th January, 2018 1. The prize draw (the “Prize Draw”) is open to people aged 18 and over who provide their name and email address after completing the survey. 2. Employees or agencies of Lambert Chapman LLP,...

Update from Tax Manager Lucy Orrow: Change for Non-UK Domiciled Individuals

3 Jan 2018 | Firm News, Personal Tax Planning

For some time we have been waiting for the new non-domicile rules to be signed into law.  They were announced last year but prior to the election were put on hold.  Now the Finance (No 2) Act 2017 has received Royal Assent they are in force. The charges are effective...