Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Parental leave and pension contributions: are you getting it right?
A topic that has featured in the news recently is pension payments for parents on maternity or paternity leave, specifically where employers have failed to pay the correct level of pension contributions during that period. At Lambert Chapman, this is something we...
Celebrating the retirement of Lisa Greenwood
As we mark the retirement of Lisa Greenwood, it offers a moment for both celebration and reflection. Lisa’s career at Lambert Chapman LLP has spanned 35 years, during which she has been a constant presence, a dedicated professional and a valued colleague and friend....
New Companies House ID Requirements
In preparation for new ID requirements, Companies House has begun sending emails to the registered email address it holds for many businesses. It will not have arrived for all companies yet, but they have confirmed a significant number were emailed over the last...
The Dreaded P800 forms from HMRC – underpayment of tax notice
We are now at the point in the year when some of your employees might receive notice from HMRC that they have underpaid tax for the prior year, by receiving a P800 form in the post. Naturally, when an employee receives such a notice, their first point of call is...
Beyond accounting: helping you register trusts with HMRC
Accountants can often get pigeon-holed, but at Lambert Chapman, we aim to offer more than the average. For example, did you know that we can support solicitors and financial advisers with registering your Trusts with HMRC? In 2017, as part of EU legislation, a new...
Stamp Duty Land Tax and connected companies
Stamp Duty Land Tax (SDLT) is a complex area of legislation and can have a significant tax impact if calculations are not correctly prepared. For example, where the purchaser is a company and the seller is a connected person, then the Deemed Market Value is used for...
Estate administration when losing a loved one
It can often be difficult when a loved one passes, but this can also create a period of significant estate administration regarding their assets and taxes. This can start with understanding their Inheritance Tax position, but can lead to the requirement to file...
Making Tax Digital for Income Tax Self Assessment
Making Tax Digital for Income Tax Self Assessment (MTD ITSA) will require sole trade businesses and landlords with qualifying income over a certain threshold to maintain digital records and update HM Revenue & Customs each quarter using compatible software. If...
The Spring Statement Explained
The Government of the United Kingdom has typically held two major fiscal events each year – the Autumn Budget and the Spring Statement – with each updating on the economy’s performance, significant tax changes, fiscal measures and adjustments to allowances. In 2024,...
Payroll changes set to bring higher costs for employers this April
Employers are set to pay significantly more for minimum wage staff from April, as payroll changes take effect.
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
