Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
The Danger of VAT Partial Exemption for Farmers
A favourite tried and trusted technique for Government in raising taxes is to forget to uplift a threshold. Given the effluxion of time and a dose of inflation (albeit the latter has less of an eroding effect in the modern era), more and more tax payers will move...
Changes to IR35 and Personal Service Companies (PSC’s)
There were changes introduced into the Public Sector relating to the IR35 rules which came into force 6 April 2017. The changes switched the onus from the PSC to the Public sector engager to decide if IR35 should be applied. If the Public sector body decided that IR35...
HMRC Tax Investigations
HMRC have released data on their Tax Investigations Campaigns showing revenue from January 2015 to March 2017. As you can see from the increase in the chart below, the income achieved from these targeted areas has been significant. Campaign Launched 31/1/2015 (£)...
New Capital Gains Tax Rules on the sale of a Residential Property
Are you considering selling a residential property? When is the transaction likely to complete? Have you considered the Capital Gains Tax implications if it isn’t your only and main home? New rules from 6 April 2020 impact sellers of residential property which...
A personal comment about the Flu Vaccine from John Smith-Daye
It’s that time of year again – the cold and flu season is upon us. Nowadays, I am always first in the queue to get the flu vaccine, for obvious reasons if you know my recent past…. Three years ago in late February on the Sunday evening I had a sore throat. On the...
Inheritance Tax Review Case Studies: Gift with reservation of benefit (GROB)
Senior Tax Manager Lucy Orrow has helped many clients with their Inheritance Tax and Estate Planning enquiries. In this series of Inheritance Tax case studies, we look at a typical scenario for Inheritance Tax and the implications of giving away wealth as a way of...
Inheritance Tax Review Case Studies: Gifting Shares for big IHT Savings
Senior Tax Manager Lucy Orrow has helped many clients with their Inheritance Tax and Estate Planning enquiries. In this series of Inheritance Tax case studies, we look at a typical scenario for Inheritance Tax and the implications of giving away wealth as a way of...
Case Study: Sending an employee to work abroad – Spain
We live in a world of mobile working where individuals can be sent to work around the world for their companies. In a series of case studies looking at sending workers overseas, we now look at a UK employer sending an employee to work abroad. Again the UK employer...
Case Study: Sending an employee to work abroad – Norway
We live in a world of mobile working where individuals can be sent to work around the world for their companies. In a series of case studies looking at sending workers overseas, we now look at a UK employer sending an employee to work abroad. Again the UK employer...
Case Study: Sending an employee to work abroad – Peru
We live in a world of mobile working where individuals can be sent to work around the world for their companies. In a series of case studies looking at sending workers overseas, we now look at a UK employer sending an employee to work abroad. Again the UK employer...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
