Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Essex Business Soccer 6’s (EBS6) roundup 2019
As holders, Lambert Chapman entered a team into the second Essex Business Soccer 6’s (EBS6) that was held at Chelmer Park on 21 June. It followed a similar format to last year’s tournament with the sides being split into groups and then playing round robin matches...
Inheritance Tax: Lifetime Gifts
The Office of Tax Simplification (OTS) have issued this month the results of a review of Inheritance Tax which was requested by the Chancellor in January 2018. Their initial findings released in November 2018 determined that around 5% of all Estates each year are...
Lucy Orrow qualifies as Trust and Estates Practitioner (TEP)
We would like to congratulate our Senior Tax Manager Lucy Orrow for successfully completing her STEP Diploma in Trusts & Estates and qualifying as a Trust and Estates Practitioner (TEP). Members of STEP include the most experienced and senior practitioners in the...
Incorporating your Rental Business
With the introduction and growing restriction of the Mortgage Interest Relief for personal rental businesses, many individuals are considering incorporating. Although there are tax savings to be had by holding rental property in a limited company, it may not be a...
Our partnership with The Helen Rollason Cancer Charity comes to an end…for now
Each year, our employees put forward their suggestions for a charity to support which are then shortlisted and put forward for a staff vote. This year, we have been proudly supporting the work of The Helen Rollason Cancer Charity. The reason that this charity was...
Race4Business 2019
On 12th June 2019, Lambert Chapman LLP entered a team into the Race4Business event, a 3.5 mile run through Chelmsford, which was organised by Birketts to raise funds for the charity Little Havens. Twelve members of staff entered the run, a number of them hoping to...
Divorce and the Family Business
In cases of divorce and the family business, we often find recognition of dividend income an issue when we are reviewing income levels reported on the Financial Statement (or Form E). Broadly a dividend becomes a taxable income for an individual when it is paid to him...
Lambert Chapman win Helen Rollason Cancer Charity Quiz
On 9 May 2019, Lambert Chapman LLP entered a team, under the usual guise of Don Pablo’s Animals, into a quiz being run by our Charity of the Year - the Helen Rollason Cancer Charity. The quiz was held at Bishop’s Stortford Football Club and ten teams took part. There...
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...
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The latest tax, employment, business and economic news affecting businesses and individuals alike.
