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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.
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HMRC’s Online Gateways – Can you access them?
Going are the days of interacting with business and government via the medium of paper and telephone. Increasingly we are all encouraged to adapt to communicate through their...
Agriculture and Horticulture and R&D
Is your farming or horticultural company innovating to improve your business? This could mean that you can claim research and development (R&D) tax relief... R&D is...
Identification and assessment of risks of material misstatement in an audit of financial statements
The Financial Reporting Council (FRC) has issued a revision of its standard for the identification and assessment of risks of material misstatement in an audit of financial...
National Living Wage – Have you got it right?
The minimum hourly rate is published annually by the government and takes effect from 1 April each year. The amount an individual is paid is determined by both their age and...
Filing deadlines at Companies House – COVID-19 Update
The Corporate Insolvency and Governance Bill received royal assent on 25 June and is now an Act.  The measures introduced by this law will affect filings at Companies House to...
Summer Economic Update Announcements
The Chancellor announced a package of measures last week during his Summer Economic Update. Here's some of the highlights: CUT IN VAT FOR THE HOSPITALITY SECTOR Last week...
Eat Out to Help Out Scheme – Register NOW!
From today registration is open for the Eat Out to Help Out Scheme. Businesses where food is sold for immediate consumption on the premises are eligible to register for the...
SDLT rates cut, even for landlords!
The chancellor has announced that the rates of Stamp Duty Land Tax (‘SDLT’) were reduced from 8 July 2020 and will remain reduced until 31 March 2021. So, if you are...
5% Reduced VAT rate for the Hospitality sector
The Chancellor has announced a cut in the rate of VAT from 20% to 5% for the hospitality sector including – Restaurants Pubs Bars Cafes Hot takeaway food The reduced rate...