Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Remembering Lloyd Chapman
On 6 July 2020, Lambert Chapman LLP will enter its 50th year - and for 22 years of those years, Lloyd Chapman was a Partner in the Firm. Having learned of his death last week (see our announcement), Senior Partner Nigel Whittle and Managing Partner Nick Forsyth...
VAT Agricultural Flat Rate Scheme
This scheme has been in existence since 1st January 1993, and is an alternative to VAT registration for farmers and certain other people involved in agricultural production activities or similar, as defined by HMRC. The trader should charge a “Flat Rate Addition”...
Brexit – Recommended Reading
As we move ever closer to the 31st October Brexit deadline - the Government is churning out a huge amount of updates and guidance for businesses. We are monitoring GOV.UK daily and we have subscribed to their email alert service and we will try to keep you up-to-date...
In memory of Lloyd Chapman
It is with much sadness that the Partners announce the death of Lloyd Chapman who passed away last week aged 73. We understand that Lloyd had suffered from bowel cancer in recent years but had succumbed unexpectedly to heart problems. He leaves two daughters Jackie...
Brexit Planning for Business
As we draw closer to the end of the fiasco that is Brexit, with the real possibility of leaving the EU with a no-deal outcome on the 31 October 2019, all businesses need to plan now if they have not already done so. Brexit is expected to affect every business in the...
Havens Hospice Charity Quiz Night
On Thursday 3 October 2019, Lambert Chapman LLP – under the usual guise of Don Pablo’s Animals - entered a team into a Charity Quiz which was organised by Edmund Carr and NatWest Corporate & Commercial. The quiz was being held in order to raise funds for Havens...
Frequently Asked Question: VAT and foreign business travel
Can my company reclaim the VAT on expenses incurred while employees are on foreign business travel? Many individuals travel abroad and incur travel and entertaining costs, however the VAT element on these costs are often overlooked. Reclaiming VAT on recoverable...
The Cycle to Work Scheme has just got better
The cycle to work scheme has been around for many years. The scheme has some good tax savings and can be setup by an employer creating savings for both parties. Until recently, there was a maximum amount allowed under the scheme of £1,000 but this can now be removed....
Inheritance Tax Take
HMRC has issued statistics for the 2018/19 tax year which confirms that they have received £5.4 billion in Inheritance Tax in this period. The Inheritance Tax take by HMRC has been growing for the last 9 years and shows another increase of 3% over last year’s...
How Should a Country Tax Non-Doms?
Encouraging non-doms to pay their tax in the country of their residence without making a move elsewhere has long been a quandary for various governments. A recently published tax collection statistic has shown that the total amount collected has plateaued recently at...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
