Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
A Review of the draft provisions of the Finance Bill 2018/19
On 6 July 2018 the Treasury issued the Finance Bill 2018/19, ahead of the Budget later on in the Autumn. The idea of which, is to allow time for consultation, to assist with the smooth implementation of the Act. Some of the main highlights include: The exemption for...
Charity of the Year 2018/19: Helen Rollason Cancer Charity
We are delighted to announce that our staff have chosen the Helen Rollason Cancer Charity as our charity partner for 2018/19. Kate Alden, Fundraising Manager at Helen Rollason Cancer Charity said: “We are so pleased that Lambert Chapman LLP have chosen us as their...
Paul Short: The Rational Investor
Share valuations are always challenging, particularly those involving the valuation of a minority share interest and each set of circumstances is different. Even so, one finds that many valuers adopt a mechanical and formulaic approach to this process. One selects a...
Lambert Chapman LLP Strengthen Firm with Changes to Top Team
We are delighted to announce that Graham McNeill is joining the Partnership on the 1st of July 2018. Graham joined us in 2001 as a trainee and has worked in Nigel Whittle’s team progressing to become a Senior Manager in 2015. In the last 12 months, he has added...
Lisa Greenwood: The True Power of Computerised Accounts Software
During my career I have seen the transition of clients using manual records, ranging from a carrier bag of invoices to beautifully maintained simplex books, to the use of computerised accounting software both on a desktop and in the cloud. Many businesses use...
Nigel Whittle: Dealing with Surplus Assets on Sale of Business
I have noticed a real upturn in merger and acquisition activity so far during 2018. One of the matters which may need addressing when buying or selling a business will be how to deal with surplus assets already held by the target business. Certain assets can be...
Paul Short: Valuing Farm Tenancies on the Balance Sheet
I sometimes think that we can miss a trick when presenting the balance sheets of farming companies and indeed farming partnerships as part of an application for finance. Very often the business will farmland under the tenancy, ie under an old-style Agricultural...
GDPR Update from Lisa Greenwood: An Individuals Perspective and Responsibility
On 25 May 2018 the new GDPR regulations came into place for businesses to adopt which effectively are a modernisation of the Data Protection Act. The change was to ensure that personal data is not freely transmitted and is adequately secured. Whilst this is a positive...
Personal Service Company Contracts
After recent IR35 cases have been decided, certainly Christa Ackroyd Media Limited, it has been suggested in the media and in articles that perhaps the contract should have been written in a better way. It has also been suggested that perhaps had Christa Ackroyd had...
Impact of Dividend Tax on Share Valuations
For many years accountants have advised owner managers to adopt a reward structure of low salary/high dividend when they are operating through a limited company. This nostrum has had a consequent influence on the valuations when we have to value a minority interest in...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
