Firm News

A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.

Supporting the Maldon Mud Race 2024

Supporting the Maldon Mud Race 2024

The Lambert Chapman Maldon office is proudly supporting this year's *world famous* Maldon Mud Race which is taking place on Sunday 2nd June at Promenade Park. The charity event is sold out and 300 fundraising competitors will sludge through the River Blackwater to the...

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Tax Changes 2024/25

Tax Changes 2024/25

As we enter the 2024/25 tax year, below is a list of key tax changes that came into effect from the 6th April 2024. Individuals The personal allowance remains unchanged at £12,570. The personal allowance is the amount of income a person can earn before paying tax. The...

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Furnished holiday let property changes

Furnished holiday let property changes

In the Spring Budget 2024, the Government announced changes that will affect individuals who own a Furnished Holiday Let (FHL), effective from 6 April 2025. From this date, furnished holiday letting businesses will be treated in the same way as other property rental...

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Abolition of the non-domiciled regime

Abolition of the non-domiciled regime

In the recent Budget on 6 March 2024, the Government announced that it intends to abolish the current tax treatment for UK resident, non-domiciled individuals (non-doms) from 6 April 2025. The non-dom regime has been part of the UK’s tax system for more than 200...

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Spring Budget 2024 – analysis from our team

Spring Budget 2024 – analysis from our team

Vote-winning announcements are always expected from a Chancellor’s Budget in an election year. Despite the stagnant economy and limited fiscal headroom, Jeremy Hunt still announced a few tax cuts and other surprises. Please find to follow a round-up of Spring Budget...

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Nick Forsyth – Spring Budget 2024 comments

This was a budget for jobs – Conservative Parliamentary jobs – and for some they already realise that it didn’t go far enough. But the facts are that the Chancellor has little opportunity to go further without grabbing the attention of the World as the Truss...

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Mark Pearson – Spring Budget 2024 comments

With a general election later this year, Spring Budget did not bring any major surprises (or not what had already been released by the media). This budget was aimed at trying to win over voters by reducing taxes and trying to support families. But is it enough? As UK...

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Events

The latest tax, employment, business and economic news affecting businesses and individuals alike.