Firm News
A little bit of everything, written by the Lambert Chapman team. Join in the conversation, we would love to hear from you.
Christmas Message 2017/2018
Your local accountants Lambert Chapman LLP take a break from their day jobs to present a special, festive edition of The Generation Game! Nice to see you, to see you... NICE! On behalf of all the Staff and Partners at Lambert Chapman LLP, may we take this opportunity...
HMRC – Checking the employment status of your subcontractors
A number of businesses have received letters from HMRC asking for them to reconsider the employment status of their subcontractors. More often than not the letter is issued because the same subcontractors are engaged by you each month and often over a number of...
Checking the employment status of your employees
Within the accountancy profession, we have noticed a distinct increase in activity in this area from HMRC in recent days. A significant number of our clients in the Construction Industry have received letters from the “Wealthy Midsized Business Compliance – Employment...
Have you looked at your Personal Tax Account?
HMRC have been phasing in the use of online personal tax accounts for the past couple of years. These online accounts are available to all UK tax payers (both personal and business), and allow you to manage your tax affairs online. With a secure registration process,...
Marriage Allowance – are you eligible for a refund?
As a fairly recent newly-wed, this one had passed me by until saw it flagged up on my Personal Tax Account. Although not eligible myself, it really was very simple to check, and so I'm keen to spread the word on this little-known perk of married life... The Marriage...
HMRC to Stop Issuing Paper SA302 from 4 September 2017
For many years, mortgage companies have requested to have a form SA302 to provide proof of income to support a mortgage application. This form is issued by HMRC and simply confirms the income that has been declared on the individual's Self-Assessment Tax Return. It is...
ACT NOW – 2017 P11D. Employers return of Directors / Employee’s Expenses and Benefits in Kind
It is time to prepare the Forms P11D and P11D(b) for the 2016/17 tax year. The forms are the employer’s responsibility. They are required for directors or employees who are provided with benefits or for whom you pay or reimburse non-deductible expenses. The Forms...
Capital Gains Tax – It can be deferred…
Capital Gains Tax rates are now far less punitive than they used to be in my day. The Holy Grail of a 10% tax rate, hitherto the preserve of certain business disposal only, may be available to basic rate taxpayers incurring gains on chargeable assets other than...
Christmas Message 2016/2017
Don't Panic Mr Mainwaring! We're finally ready to share our annual Christmas Video! This year, we take part in a memorable episode of Dad's Army - A Brexit Special... A Note From Nick Forsyth: After the lovely feedback that you provided us with last year, I knew we...
Retirement Announcement: Tax Partner Chris Harman
It is with mixed emotions that Lambert Chapman LLP announce the upcoming retirement of our Tax Partner, Chris Harman, after 27 years of outstanding service. Chris will be retiring as a member of Lambert Chapman LLP on 30 June 2016. He will act as a consultant to...
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The latest tax, employment, business and economic news affecting businesses and individuals alike.
