Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Lambert Chapman Quizzers take on ‘Test the Team’
2 May 2019 saw the Barclays Bank 'Test the Team' event roll up at Stock Brook Country Club, a place more familiar to the members of the Lambert Chapman team as a venue for CPD courses as opposed to somewhere they might enjoy themselves! Test the Team is a nationwide...
What the Accounting Software Adverts don’t tell you…
Over the weekend I found I was surrounded by the world of accountancy even though it was a bank holiday and I wasn’t at work. Thanks to the introduction of Making Tax Digital (MTD), adverts for cloud accounting software are currently everywhere you turn - on the...
An Update from our Forensic Accountancy Team
Our Forensic Accountancy Service has continued to flourish with the last twelve months generating our highest number of appointments, since we first started delivery of this service. We have always wanted to offer Solicitors in Essex, Hertfordshire and Suffolk (and...
Contractors unaware of IR35 changes
Contractors are still not fully aware of the changes to tax legislation that are set to take effect in a year's time, according to a survey from the Recruitment and Employment Confederation (REC). From 6 April 2017, all individuals engaged by public sector bodies were...
Hidden Inheritance Tax (IHT) Exposure
Many people now own second properties. In some cases it is through inheritance. In other cases the individual may have taken a decision to invest in a property. It could be a holiday home but in many situations the second property will be let out to generate income...
The Squeeze on Pensions
As you get older, pensions start to become more interesting. I remember at the age of 23 being persuaded by Mr Lambert (our Founder) that I should start creating a pension fund and was persuaded to contribute £60 per month out of my meagre salary to commence the long...
The Charity Commission’s ‘Revitalising Trusts Programme’
Charity Trustees have a legal duty to ensure that the charitable assets held are both invested appropriately and used for carrying out the charity’s objects. The Charity Commission are currently in the process of writing to Trustees in respect of their ‘Revitalising...
Another good performance at Handelsbanken Charity Bowl 2019
On 20 March 2019, the bowling team from Lambert Chapman took part in the Handelsbanken Charity Bowl which was held at NAMCO Funscape Bowling in Braintree, raising money for CHESS. The evening consisted of two games of bowling, with all of the lanes being used by 36...
To Audit or not to Audit?
Over the years, we have seen continued increases in audit thresholds which has removed many smaller businesses from the requirement to have a statutory audit. As a reminder, the general guidelines are that two or more criteria has to apply for an audit to be...
Making Tax Digital or an April Fools joke?
Nick Forsyth: Directing the non Making Tax Digital client to their VAT returns I took what I thought was an April Fools call yesterday morning but alas not. A client wishing to file their 31 March 2019 VAT return had made an early start, only to discover the log in...
Events
The latest tax, employment, business and economic news affecting businesses and individuals alike.
