We are well aware of the charge on high earners for the Child Benefit allowance which has been in place since 2013. This means that those earning over the £50,000 have a charge which means that the benefit is completely lost for those earning more than £60,000....
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 pension contributions. If you are an employee,...
In the 2018 Budget, the Chancellor introduced changes to Entrepreneur’s Relief, which is available on the disposal of assets or shares held in a personal company.
There has been a recent case going through the courts where Mr Higgins purchased an apartment in 2004 and paid a holding deposit but issues relating to the title prevented construction from starting. Mr Higgins did not therefore move into the apartment until January...
How many times have we heard people say – how will they catch me? HMRC will never know! Well HMRC is biting back. Gone are the days of an Inspector going undercover to sit in a car outside a customer’s house or at the end of a bar, paying in cash. Instead, over the...
You may have heard talk of the restrictions being imposed on landlords for finance costs incurred from April 2017, but do you really understand the new rules? Here at Lambert Chapman LLP, our clients continue to send details of the full amount of mortgage interest...
