A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
You may have been one of the businesses that received a letter in November 2017 from HMRC inviting you to check the employment status of your subcontractors. If you were, what action have you taken? Have you gone to www.gov.uk and run your subcontractors through the...read more
Prize draw terms and conditions Last Updated: 25th January, 2018 1. The prize draw (the "Prize Draw") is open to people aged 18 and over who provide their name and email address after completing the survey. 2. Employees or agencies of Lambert Chapman LLP, its group...read more
For some time we have been waiting for the new non-domicile rules to be signed into law. They were announced last year but prior to the election were put on hold. Now the Finance (No 2) Act 2017 has received Royal Assent they are in force. The charges are effective...read more
Your local accountants Lambert Chapman LLP take a break from their day jobs to present a special, festive edition of The Generation Game! Nice to see you, to see you... NICE! On behalf of all the Staff and Partners at Lambert Chapman LLP, may we take this opportunity...read more
A number of businesses have received letters from HMRC asking for them to reconsider the employment status of their subcontractors. More often than not the letter is issued because the same subcontractors are engaged by you each month and often over a number of...read more
Within the accountancy profession, we have noticed a distinct increase in activity in this area from HMRC in recent days. A significant number of our clients in the Construction Industry have received letters from the “Wealthy Midsized Business Compliance – Employment...read more
HMRC have been phasing in the use of online personal tax accounts for the past couple of years. These online accounts are available to all UK tax payers (both personal and business), and allow you to manage your tax affairs online. With a secure registration process,...read more
As a fairly recent newly-wed, this one had passed me by until saw it flagged up on my Personal Tax Account. Although not eligible myself, it really was very simple to check, and so I'm keen to spread the word on this little-known perk of married life... The Marriage...read more
For many years, mortgage companies have requested to have a form SA302 to provide proof of income to support a mortgage application. This form is issued by HMRC and simply confirms the income that has been declared on the individual's Self-Assessment Tax Return. It is...read more
It is time to prepare the Forms P11D and P11D(b) for the 2016/17 tax year. The forms are the employer’s responsibility. They are required for directors or employees who are provided with benefits or for whom you pay or reimburse non-deductible expenses. The Forms...read more
The latest tax, employment, business and economic news affecting businesses and individuals alike.