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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.
VAT – Zero or 5% VAT for building works?
Following the introduction of Permitted Development Rights HMRC has clarified its policy concerning the VAT treatment of works where an individual planning application is not...
Parking fines – Allowable against taxable profits?
Can parking fines be allowable against taxable profits? Something we all dislike and for some businesses they are just unavoidable for example when delivering or collecting...
Salary sacrifice schemes
The tax and national insurance savings will be removed for all benefits provided this way apart from those relating to pensions (including advice), childcare, cycle to work...
Reasonable excuse – VAT
It can sometimes be worthwhile appealing to the First Tribunal... A taxpayer had been late three times paying his VAT and HMRC imposed a default surcharge. He appealed...
Changes to the VAT flat rate scheme from 1 April 2017
HMRC believes that small businesses have been abusing the VAT flat rate scheme (FRS). When reporting VAT payable the business ignores VAT on purchases with the exception of...
Advisory fuel rates from 1 December 2016
The latest advisory fuel rates, effective from 1 December 2016, are as follows; Up to 1400cc – petrol 11p (10p), LPG 7p (7p) 1401cc to 2000cc - petrol 14p (13p), LPG 9p (9p)...
Withdrawal of a self-assessment notice to file
A taxpayer can ask for a self-assessment notice to file to be withdrawn if they do not meet the self-assessment criteria. This is important if the return would otherwise be...
The P800 process as it stands (Year ended 5 April 2016)
HMRC appear to be trying to be helpful by working out from the information they hold whether taxpayers have underpaid or overpaid tax. But the system is horribly flawed...
Simple tax assessments
HMRC will have the power from 2016-17 to assess an individual’s income tax or capital gains tax liability without them first being required to complete a self-assessment...
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