Firm News

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

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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Graham McNeill – Spring Budget 2024 comments

As expected, nothing to get too excited about from the Spring Budget 2024. The 2% NI reduction was as expected, but we need to remember this is only for employees paid between £12,571 and £50,270. This reduction is also only 3 months after the 2% deduction in January....

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Craig Weavers – Spring Budget 2024 comments

The agricultural sector is facing a challenging time. The poor weather is impacting the ability to grow a crop for the 2024 harvest. With subsidies decreasing, interest rates increasing and the prospect of lower yields for the 2024 harvest, the agricultural sector...

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Sean Wiegand – Spring Budget 2024 comments

As usual, I set time aside to watch the Spring Budget and this year was no different, although it does annoy me how often key announcements are “leaked” before the Statement itself. I am sure this is partly done to see how the policy is perceived to allow some final...

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Lisa Greenwood – Spring Budget 2024 comments

Vote winner or vote loser for the Conservatives? With this being the last budget before the next general election, I was expecting the Chancellor to announce changes aimed at winning votes rather than tackling the fiscal issues that we currently have. Overall, I feel...

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Mike Carabine – Spring Budget 2024 comments

Lies, Damn Lies, and Statistics...  Just a couple of minutes into Jeremy Hunt’s Spring Budget 2024 speech, Benjamin Disraeli’s/Mark Twain’s title quote came careering into my mind. Listening to him reeling off the Tory ‘achievements’ since he and Rishi had taken...

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Lucy Orrow – Spring Budget 2024 comments

As with any Budget in the modern era, the headlines are generally leaked before the event and the Chancellor was left to fill in the blanks as I sat and watched Spring Budget 2024 this afternoon. For taxpayers, there were any number of points to grab hold of, which...

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Year end tax planning 2023/24

Year end tax planning 2023/24

How can Lambert Chapman LLP help you with tax planning in the next few weeks to ensure that you are maximising your position for the year-end and coming year? As the current tax year is heading to a close, at Lambert Chapman LLP, we like to consider the upcoming...

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Events

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