Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Tax implications of working from home
The current Coronavirus measures have resulted in many employees working from home. The following considers the taxation implications on the additional payments which may be received from employers and on the additional costs which the employee may occur. Payments...
Helping our clients access the support they need to survive
Together with other members of the UK200Group, we have been asking our clients to contribute data to a nationwide survey about how their businesses were faring before the lockdown and what has happened since. Alarmingly, this research shows that 528,373* people in the...
Beware of Coronavirus Scams #ScamAware
A reminder that perpetrators of cyber-crime have not been furloughed... There have been welcome reports of a drop in recorded crime during the Coronavirus pandemic. How could there not be, after all most of us are at home. However this article is to remind you that...
The Coronavirus Job Retention Scheme – 5 days in…
The Coronavirus Job Retention Scheme (CJRS) portal opened on Monday (20 April 2020) and so 5 days in, we caught up with Lisa Greenwood our Head of Payroll, to find out how things have been going. Since the lockdown commenced, Lisa has been working closely with our...
Preparing your Coronavirus Business Interruption Loan Scheme (CBIL) Application
The impact of COVID-19 threatens to be felt by the business community long after the current crisis abates and as we grow to understand how the social distancing rules will be relaxed, as business owners - our thoughts turn to how we rebuild our business and what form...
Is the COVID-19 furlough scheme open to abuse?
The Coronavirus Job Retention Scheme (CJRS) has been put into place to assist struggling businesses, allowing the employer to claim for employees that are unable to work because of the coronavirus and put on temporary leave (furlough). The employer can claim 80% of...
Whose desk is it anyway?
Working from home can be a lonely experience and as we waved our colleagues goodbye on lockdown day, armed with our laptops and VPN’s to work remotely, we were determined that along with looking after our clients, we would also need to lookout for our teammates during...
3D printing to protect our community during COVID-19
I was speaking with Nick last Friday in a bit of a wrap up on the week. I was telling him about a friend of mine who was using his 3D printer to produce protective face masks to use in local Care Homes where he lived when Nick asked how much such a printer would be....
Adjusting to working from home
I have been working from home for almost two weeks now - this is the new front line in accountancy. The government has told us that we must work from home wherever possible and so by far the majority of the partners and staff at Lambert Chapman LLP have moved into...
IR35 Delayed until 2021
There was a statement in Parliament on 18 March 2020 by the Treasury secretary Steve Barclay to confirm that IR35 reform will not be introduced next month, but will be delayed for one year due to the economic impact of the coronavirus. This is a temporary reprieve for...
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The latest tax, employment, business and economic news affecting businesses and individuals alike.