Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Residential Nil Rate Band & Downsizing
We’ve all come across people who in later life have decided to move to a smaller property, “now the kids have moved out” or “we don’t need the space, it’s too much work”, but how are these people affected when it comes to the new Inheritance Tax rules for leaving...
Making Tax Digital for VAT
With only seven months to go until the Making Tax Digital for VAT #MTDfV deadline, most businesses above the £85,000 threshold should already be integrating the new digital tax system into their processes, but is that happening in reality and do people really know...
Lucy Orrow: Self Assessment Tax Return Dates for your Diary
With the last of the public holidays behind us until Christmas and the kids back to school, it’s time to set your mind to filing your tax return. Change of Circumstances? Are you newly self-employed, have you been promoted to company director, made a capital disposal,...
Is your business ready for the unexpected?
Personal circumstances recently reiterated the need for all of us to think about and prepare for the worse. The worse relates to two main events firstly death (one of life’s certainties) and secondly mental or physical incapacity. Some business owners are likely to...
Corporate Finance Update from Nigel Whittle: Mergers
Merger and acquisition activity has hit a ten year high in the UK and we are seeing a similar high level of activity here at Lambert Chapman LLP. One of the more difficult transactions is carrying out a successful merger. Anecdotally between 30% - 40% of mergers do...
Payroll and Pensions Update for Employers
This article concentrates on several changes that have occurred over recent months that all Employers should be aware of and should have already implemented together with common issues we come across within the payroll department. 1. From April 2018, increase in the...
An Update on our Forensic Accountancy Team
We think Lambert Chapman LLP is quite rare amongst accountancy firms of our size in that we have our own Forensic Team. We are called into action in two main areas: 1. We take instruction from Solicitors to assist in Matrimonial cases. 2. We might also be...
Lucy Orrow: How to catch a cheat…
How many times have we heard people say – how will they catch me? HMRC will never know! Well HMRC is biting back. Gone are the days of an Inspector going undercover to sit in a car outside a customer’s house or at the end of a bar, paying in cash. Instead, over the...
Lucy Orrow: Land and Property – Interest Relief Trip Hazard
You may have heard talk of the restrictions being imposed on landlords for finance costs incurred from April 2017, but do you really understand the new rules? Here at Lambert Chapman LLP, our clients continue to send details of the full amount of mortgage interest...
Our Forensic Accountancy Team – anywhere in the Country…
We have been running our Forensic Department for some 10 years now. At the outset I would take appointments quite far afield. I recall attending Court in Coventry which meant a very early start one morning. Croydon and Twickenham were two other judicial outlets...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
