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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.
Further attack on personal service companies to come?
Governments have historically challenged tax avoidance through the use of “Personal Service Companies” (PSCs), but so far nothing substantial has been enacted to counter the...
Have you paid too much tax on your pension income?
For deaths after 5 April 2018 there is a welcome simplification. From the date of the account holder’s death they will retain their tax free status. So there will be no...
We have some exciting news…
We are very pleased to announce that Lewis Brownlee has merged with Harrison Renwick Ltd! Established in 1991, Harrison Renwick is a small accountancy practice based in...
Do Company Directors need to file self assessment tax returns?
A recent case which was heard at tribunal looked at the question of whether a company director is required to file a self assessment tax return, in relation to an appeal...
Common Reporting Standard (CRS)
HMRC’s latest drive against tax evasion has placed the onus on tax professionals to write to clients, forwarding a copy of a letter from HMRC. As we were threatened with a...
Corporation Tax Payslips
Due to the problems experienced by some companies and their agents following HMRC’s decision to cease issuing Corporation Tax payslips, the CIOT asked HMRC if they could...
In-Year Adjustment (IYA) and In-Year Restriction (IYR) coding adjustments
HMRC tax code adjustments are changing, aiming to make use of real-time information to improve PAYE tax accuracy. This new strategy ensures the correct tax is deducted at...
BPR and estates
Business Property Relief for shares can significantly reduce inheritance tax, but careful planning is needed to maximise its benefits. Understanding how to use this relief...
Relevant life policies – tax efficient life insurance
Term assurance for directors and employees offers valuable financial security for businesses and their staff. These policies provide critical support during difficult times,...
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