Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Mike Carabine comments on the Chancellor’s Statement (17Oct)
“Plus Ca Change le Plus Ca la Meme Chose” - again I apologise for recycling a sub heading I used in one of my first ever website articles (about West Ham United at the time, as you asked). If football isn’t your thing then perhaps I could compare the events of the...
Nick Forsyth reaction to Government U-turns
When Norman Lamont put up the base rate 5% in one day before conceding defeat and reducing it back to 12% (yes 12%) by nightfall, you could be excused for thinking “we will never see anything like that again” - but here we are 30 years later and eating an even larger...
Pensions. Planning for your future or planning for now?
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,...
IR35 changes announced in the mini-budget
In the recent mini-budget delivered on 23 September 2022, there was an unexpected change announced to the off-payroll working rules known as IR35. The reforms of 2017 and 2021 will be repealed from 6 April 2023. This means we will go back to contractors providing...
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...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.