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Welcome to the Lewis Brownlee Chartered Accountants Blog
Your trusted source for expert insights on UK tax, accounting, and business finance. Whether you’re a small business owner, a sole trader, or a larger enterprise, our blog offers valuable tips, updates on tax regulations, and practical advice to help you navigate the financial landscape with confidence.
Stay informed with the latest industry trends and guidance from our team of experienced Chartered Accountants.
Explore our articles and discover how we can support your financial success.
Do I need Personal Tax Advice?
When it comes to tax, the rules and regulations change all the time. So, it can be hard to know whether you are still compliant with the latest relevant laws and...
How can I reduce my Inheritance Tax Liability?
Inheritance tax (IHT) can be a significant expense for many families when a loved one passes away. However, there are ways to mitigate exposure to IHT liabilities and...
Are Dividends more Tax Efficient than Salaries?
Running your own business can be a rewarding experience but it also comes with a unique set of financial considerations. One of these is how to structure your income...
What are the three basic Tax Planning strategies?
Tax planning is an essential aspect of managing your finances. It's responsible for ensuring that you are paying the correct amount of tax on your income and assets. But,...
The Power of a Quest on Staff Morale!
At Lewis Brownlee, we've harnessed the power of our core values — Quality, Enthusiasm, Smart working, and Teamwork (QUEST) — to create a unique platform for...
The Basics of Tax Planning
No one likes paying tax. But, sadly, it’s one of those facts of life that we all have to pay it at some time or other. We know from experience though that it can be a daunting...
New VAT Penalty Regime from January 2023 – Updated Guidance
A new penalty regime for VAT returns has now been introduced for all VAT periods starting on or after 1 January 2023 which replaces the default surcharge system. As HMRC have...
Capital Gains Tax Annual Exemption
The annual exemption for capital gains tax purposes has been changed with effect from the 2023-24 tax year. The new annual exempt amount for individuals for the 2023-24 is...
Making Tax Digital Update
It has now been officially confirmed that the Making Tax Digital (MTD) Income Tax rollout will now be delayed until at least April 2026. From April 2026 self employed...
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