A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Have you or your Employer set up or been involved with an Employee Benefit Trust? Are you aware that the new Loan Charge comes into effect shortly? This charge is due where the employment related Trust has made a loan to an individual at any time after April 1999. ...read more
In an era where we are told that obtaining testimonials from clients is important so that we can share them on our websites and social media, it is very satisfying to receive one which has not actually been requested from a grateful client. Such an event happened to...read more
It has been some time since HMRC last published any information about Cryptoassets (previously known as Cryptocurrency or the common version of Bitcoin) but they have been working hard to provide an update to their final report issued in October 2018. On 19 December...read more
Are you ready? We commenced seminars for clients back in 2017 and since that time there have been changes to the original Making Tax Digital (MTD) rules. To start with, they are now only being implemented to affect VAT reporting. Lambert Chapman LLP have been...read more
We are well aware of the charge on high earners for the Child Benefit allowance which has been in place since 2013. This means that those earning over the £50,000 have a charge which means that the benefit is completely lost for those earning more than £60,000....read more
I'm in! I am over the moon that the Helen Rollason Cancer Charity accepted my application to run for them in 2019. I have entered the public ballot every year and have never been successful. I always said I would run a full distance marathon before I turned 30, but...read more
We are all aware that putting money into a pension enables us to save for our future retirement but have you considered the savings that are available now? Each year, we all have up to £40,000 of annual allowance for pension contributions. If you are an employee,...read more
In the 2018 Budget, the Chancellor introduced changes to Entrepreneur’s Relief, which is available on the disposal of assets or shares held in a personal company.read more
Over the past year to November 2018 (prior to the recent Brexit events!) we have seen increasing confidence and an increasing number of corporate finance transactions, including a number of acquisition approaches being made for businesses. As confidence has grown, we...read more
HMRC have been waging a successful campaign against landlords (many of them accidental) who have failed to disclose their income. It is easier for HMRC to cross check with land registry to identify landlords who are not disclosing their rental income. In addition...read more
The latest tax, employment, business and economic news affecting businesses and individuals alike.