Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Coronavirus (COVID-19): What help is available for my business?
The Coronavirus (COVID-19) is presenting us all with unprecedented concern for the financial security of our businesses as none of us know how this will develop and how long it may last. National and International employers are already on slowdowns and some are...
Thinking of moving abroad to save tax?
With the top rate of income tax at 45% and employees national insurance of 2%, wealthy individuals can lose almost half of their pay if they are domiciled and tax resident in the UK. We have for many years wanted to attract wealthy foreigners to settle in the UK and...
Helping students stand out from the crowd with Essex Work Skills
I recently volunteered with Essex Work Skills as they provided Year 11’s at Moulsham High School with mock interview experience. The process included preparing a covering letter and CV followed by a formal 15-20 minute interview and ending with a feedback session....
Lambert Chapman Partners Respond to Budget 2020
Scroll down the page for more Partner reactions... Nick Forsyth: "Rates have been slashed and for me it’s difficult to see how they get reintroduced because many businesses find them a burden. Maybe it’s an Amazon Tax that might be the answer?" For an...
New Capital Gains Reporting Regime for the Sale of Residential Property
There is a lot of guesswork surrounding how the new digital reporting regime will work in respect of the capital gains relating to the sale of residential properties by UK residents. Having listened to the HMRC webinar recently on this very subject, I am now much...
IR35: Making the decision and issuing the Status Determination Statement
When looking at IR35, most of the articles I have written consider things from the Personal Service Company (PSC) contractor’s point of view. But it is the businesses dealing with the hiring and firing that are going to be making important decisions about the Status...
Termination Payments in relation to National Insurance from 6th April 2020
In the tax world, proposals often get made and legislation gets introduced and then gets deferred. This was true with Making Tax Digital and many other high profile changes to the tax profile system including the Class 2 abolition. However one piece of legislation...
Will the new Chancellor announce changes to Entrepreneurs Relief in Budget 2020?
Nick Forsyth looks at changes in Chancellor and the possibility of changes to Entrepreneurs Relief in the Budget
Should you have an Audit of your Financial Statements?
The objective of an Audit of your financial statements is to receive an independent opinion as to whether they show a true and fair view. There are many advantages of engaging us to undertake a full statutory audit including: • Providing reassurance to your external...
Lambert Chapman LLP advises Mintsoft on Sale to The Access Group
Lambert Chapman LLP continues to see Corporate Finance activity levels increase with a further deal completed during January 2020. Chelmsford based Mintsoft specialises in providing cloud based inventory and order fulfilment solutions, helping business control stock...
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