Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
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...
Case Study – cloud accounting solutions
When it comes to cloud accounting solutions, there isn’t much that Partner Mark Pearson doesn’t know. Mark was recently approached by a client in the construction industry who was having issues keeping on top of all the paperwork that comes with building new...
High Earner Tax Returns
We have been aware for some time that in the current year, 2023/24, individuals with income taxed under PAYE (so employees in the main) whose salary and benefits do not exceed £150,000, will no longer be required to submit Self Assessment Tax Returns. This is good...
Christmas gifts to staff – what are the rules on tax?
As I got into my car this morning to head into our Shoreditch office, I could not quite believe what I was hearing - the Christmas music has started already! This got me thinking about the festive season ahead and I was inspired to write my next website article - a...
Autumn Statement reaction from Sean Wiegand
I watched Jeremy Hunt’s Autumn Statement today - there was a bit of good news for everyone I thought. There was certainly a more optimistic feel with this speech compared to last year’s Autumn Statement. He mentioned the headline inflation falling from 11.1% to 4.6%...
Autumn Statement reaction from Mark Pearson
This years Autumn statement hopefully won’t be a repeat of last years mini-budget delivered in September 2022. The past year has been a year of challenges for both individuals and businesses in the UK. This Autumn Statement comes with a general election fast...
Autumn Statement reaction from Nick Forsyth
In the run up to the Autumn Statement, my thoughts had been more focused upon business stimulation and investment over personal gain to provide a boost in what seems like an increasingly flat economy for many. It had been suggested to me that the corporation tax rate...
Autumn Statement reaction from Graham McNeill
Bit disappointed to be honest after the big build up this week. National Insurance (NI) cut was expected, but there's not much else to shout about in the latest Autumn Statement. No changes to income tax allowances resulting in more people paying tax where salaries...
Autumn Statement reaction from Craig Weavers
The Autumn Statement was not expected to give much away and the Chancellor has confirmed this during his statement. Support for limited companies is being given with the full expensing of capital expenditure being made permanent. I am unable to get excited by this as...
Autumn Statement reaction from Luke Mitchell
How different this Autumn Statement was compared to previous years, where Jeremy Hunt reversed the vast majority of the announcements made in the mini budget by Kwasi Kwarteng and Liz Truss back in September 2022. Following the turmoil caused by the mini budget last...
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The latest tax, employment, business and economic news affecting businesses and individuals alike.
