Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Changes to Capital Gains Tax for separating and divorcing couples
It has been proposed and we are still awaiting confirmation from the 2022 Finance Bill, that new beneficial rules will be introduced for divorcing couples from 6 April 2023. This will allow more time for tax beneficial inter-spousal or civil partner transfers to...
Income tax basis periods reform
In the 2021 Budget. proposals to reform the income tax basis periods were confirmed. The intention was to help with the introduction of Making Tax Digital for Income Tax Self Assessment (MTD ITSA). This will affect all business who have accounting periods that do not...
Lambert Chapman Accountants in Maldon, Essex
In addition to our main accountancy offices in Braintree, Lambert Chapman LLP also operate a permanent office with a team of accountants in Maldon. Alongside our office space at Perseverance Works in Shoreditch London, this makes up our three main locations -...
Lambert Chapman Accountants in Shoreditch, London
Did you know that we also operate a permanent London office with a team of accountants in Shoreditch, London?
Reaction to Mini-Budget 2022
Chancellor Kwasi Kwarteng has outlined a series of tax cuts and economic measures in a massive shake-up of the UK's finances. In a bold statement, the Chancellor is hoping that massive borrowing alongside tax cuts will kick-start the economy and provide relief to...
Paul Short – Plan for growth/mini-budget reaction
I reminded myself that this was a mini budget statement as I pondered some of the items which were missing from the headlines. I was also cautioned by one of my canny farming clients this morning that the devil is always in the detail. Having said that, I thought...
Craig Weavers – Plan for growth/mini-budget reaction
The government has been bold with tax cuts which will impact both businesses and individuals. Individuals have been given good news with the cut in basic rate tax by 1% being brought forward early from April 2023. Additional rate tax payers will be very happy with the...
Sean Wiegand – Plan for growth/mini-budget reaction
I listened eagerly to the new Chancellor, Kwasi Kwarteng's statement who I thought spoke well during his 30 minute speech. Was this a Mini Budget?? WOW….. This “Mini Budget” had more amendments to tax than I ever recall from a full budget in the past. This contained...
Graham McNeill – Plan for growth/mini-budget reaction
With a Budget Speech, it's normal that the majority of the detail has already been leaked beforehand, something I always struggle to understand. With regards to today's 2022 mini-budget - I was shocked at the package of tax cuts announced that were not perhaps...
Nick Forsyth – Plan for growth/mini-budget reaction
If this statement from the Chancellor is deemed to be “mini” then heaven help us when he comes to making a major statement! But whether it was “mini” or “maxi” there is lots to look through whilst trying to understand if it is a “final throw of the dice” or the “new...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
