Financial Implications of Divorce

Financial Implications of Divorce

We have been seeing in the press that divorce rates during the pandemic have soared, with some firms seeing a near 50% increase in cases year on year.  At Lambert Chapman LLP, although we cannot help with the legal side of proceedings, we can help you navigate the...
Business Valuations in the Pandemic

Business Valuations in the Pandemic

The business valuations of small companies can be volatile and are always prey to the latest set of published financial information.  This must be even more the case in the current climate where COVID-19 must qualify as a “Bader” event. It would seem to us where there...
Hindsight in a Business Valuation

Hindsight in a Business Valuation

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...
Financial Implications of Divorce

Divorce and the family home

Much is made of the reliefs available to spouses during the tax year of separation (see previous article Separation & Divorce) but what about afterwards? Particularly where children are included in the family unit, property can be an important asset in any...
Financial Implications of Divorce

Divorce and the Family Business

In cases of divorce and the family business, we often find recognition of dividend income an issue when we are reviewing income levels reported on the Financial Statement (or Form E). Broadly a dividend becomes a taxable income for an individual when it is paid to him...
Hindsight in a Business Valuation

An Update from our Forensic Accountancy Team

Our Forensic Accountancy Service has continued to flourish with the last twelve months generating our highest number of appointments, since we first started delivery of this service. We have always wanted to offer Solicitors in Essex, Hertfordshire and Suffolk (and...