Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Case Study: Coming to work in the UK from Australia
We live in a world of mobile working where individuals can be sent to work around the world for their companies. Many of these companies are not international businesses and so we have to understand how that individual should be taxed in each jurisdiction. We have had...
Case Study: Coming to work in the UK from Poland
We live in a world of mobile working where individuals can be sent to work around the world for their companies. Many of these companies are not international businesses and so we have to understand how that individual should be taxed in each jurisdiction. We have had...
Are you in need of a Tax Healthcheck?
The normal starting point for a Tax Healthcheck is the Personal Tax Return. For the purpose of this article, I wanted to focus on the Corporate Balance Sheet as a vehicle for conducting a Tax Healthcheck. Let’s look at some of the issues which might arise. Fixed...
Preparing your business for Brexit
With the 31 October deadline fast approaching when it is intended that the UK will leave the European Union, we have been searching for any Brexit guidance that might help our clients. Our research has revealed that the Government has placed a considerable amount of...
Acting for Farming Enterprises
I always think that acting for the modern farming family is akin to being the accountant of a commercial industrial trading group in terms of the complexity and challenges. With a farming business, one is likely to encounter: At least one Limited Company but quite...
Managing an estate – what to do when someone dies
HMRC have just updated their guidance “what to do when someone dies”. This is a step by step checklist, which allows you to make sure you have not missed anything. The list includes: Registering the death; Arranging the funeral; Telling the Government about the...
Stress Test the Business – the Muller Index Score
I thought I would revisit one of the tests I do when I review a client’s accounts. I try to look at the threats to a business. What could occur which might imperil the wellbeing of the business? One such danger might be the over-dependence of one customer. I would...
Let down by police handling of Identity Theft
picked up a copy of The Times on Friday 16th August to be greeted by a headline on Page 1 “Firm behind Action Fraud faces sack after betrayal of victims.” I can’t say that I was surprised. As some of you will know, I suffered the indignancy of having my identity...
Finalising end of year Financial Statements
During my years of dealing with related businesses (majority being group companies) the concluding meeting point on finalising the end of year financial statements is sometimes ‘what management charges should we apply?’ To have this as a final adjustment within the...
Reverse charge VAT for the Construction Industry
News Update - September 2019: The Government has just announced that it will delay the introduction of VAT Reverse Charging by a year after it was heavily criticised for rushing through the changes without consultation with trade bodies and organisations in the...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
