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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.
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Election Result
What does the Hung Parliament mean from a taxation viewpoint? Probably the status quo will have to remain for a while. We will have a weak Government that will not be allowed...
Do you really need to print that sales invoice?
There have been reports showing that the ink in an inkjet printer is dearer per centilitre than a bottle of Dom Perignon vintage champagne. So you might ask yourself, “Do I...
The Cloud – What’s the Silver Lining?
The American President, Benjamin Franklin, once said “in this world nothing can be said to be certain, except death and taxes”, a rather gloomy outlook on life but, alas, very...
Tax information exchange agreements
There has been an increasing focus on the automatic exchange of information in recent years. New regulations will take effect from 17 May 2017 to improve international tax...
Changes to Finance Bill 2017: Impact for ‘non-doms’
In July 2015 significant tax reforms were announced for non-UK domiciled individuals who have been long-term UK resident. It was proposed that, from April 2017, those...
Finance Bill 2017 reduced
In view of the forthcoming election and the fact the draft Finance Bill contained some complex material, the Government has decided to reduce the Bill to its core elements...
Assessing VAT errors
Unless HMRC can prove dishonest declarations they cannot assess for VAT errors more than four years after the end of the prescribed accounting period. So if an error is...
Well done Team LB!
A big congratulations to our Client Relationship Manager Jayne Tressler, who is now a certified fellow of the ACCA! Plus to one of our trainees in the Business Services Group,...
New register for trusts
To comply with Article 31 of the Fourth Money Laundering Directive a new register for trusts is to be introduced. An on-line register will be introduced by HMRC. This will...