Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Furnished holiday let property changes
In the Spring Budget 2024, the Conservative Government announced changes to the Furnished Holiday Let (FHL) regime from 6 April 2025. We posted an update at the time (please see: Furnished holiday let property changes | Lambert Chapman). This provided a summary of...
Update on the abolition of the non-domiciled regime
Back in March 2024, the Conservative Government announced sweeping changes and the removal of the current tax treatment for non-domiciled individuals in the UK. Following the Labour Government Budget in the Autumn of 2024 and subsequent legislation issued earlier...
Pre Year End Tax Planning For Individuals 2025
As the current tax year is heading to a close, we like to consider the tax planning points that you can consider.
Do I need tax investigations insurance?
Introducing our Tax Investigations Insurance: At a time when HMRC seems more stretched than ever, you would think the chance of a tax investigation is relatively low. However, with a significant deficit in the UK economy, the new Labour government is set to hire...
What is the HMRC Starter Checklist?
If you are starting your first job in the tax year, or perhaps you have not been provided with a P45 from your previous employer, the HMRC starter checklist will need to be completed. What is the starter checklist? The HMRC starter checklist is crucial for...
Year end tax guide 2024/25
As we approach the end of the 2024/25 tax year, it’s a good time to reflect on the year’s financial developments with our year end tax guide 2024/25.
What’s the difference between FRS 102 and FRS 105?
You may hear us, as accountants, mention FRS 105 or FRS 102 when we discuss your accounts, but what does this actually mean to you as a business owner and the end user of the accounts? The accounting standards were simplified and came into effect for periods beginning...
Are you paying your staff early before Christmas?
If you are planning to pay your staff early before Christmas - beware of the reporting date for Real Time Information (RTI) Purposes. An update from our Payroll team.... Here at Lambert Chapman LLP, we know how important it is for some of our clients to be able to pay...
Our Opening Hours over the Festive Period 2024/25
With Christmas fast approaching, here are the Lambert Chapman LLP office opening hours for the festive period: Monday 23rd December 2024 8.30am to 5.30pm Tuesday 24th December 2024 CLOSED Christmas Day CLOSED Boxing Day CLOSED Friday 27th December 2024 CLOSED ...
Budget 2024 – the devil in the detail
Hopefully, you have seen our Budget coverage and now is the chance to look at things in more detail... Income Tax: No changes were expected or delivered in respect of income tax. However, consultations are always announced in the background, seeking feedback...
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The latest tax, employment, business and economic news affecting businesses and individuals alike.
