I often get asked what the best cloud accounting software is to use. As with anything, we all have personal favourites. However, when it comes to your cloud accounting software, just because it is my favourite does not always mean it is the best fit for you or your...
It was announced back in 2021 that from April 2024, businesses, including sole trades and partnerships, would be taxed on their profits arising in the tax year, rather than on their accounting year end. This is referred to as the tax year basis of assessment. This...
We all lead such busy lives that the day-to-day task of bookkeeping is something that can often fall by the wayside. Should this be the case? Bookkeeping and keeping your accounts up-to-date can be as important as generating new business. From your records you should...
As we enter a period of significant uncertainty in our economy, is your business ready to deal with the challenges it may face in the next few years? With increasing interest rates, soaring energy prices and inflation at a modern day high, the impact on your business...
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...
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 –...
