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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.
Rolling stones gather no MOSS!
Nothing to do with nature! HMRC have issued guidance as to simplification measures for UK businesses trading below the VAT registration threshold (currently £82,000), that...
Pitfall with cars – No 2 – to lease or not to lease
Leasing a car through a company can seem like a cost-effective way to provide employees or directors with a vehicle. However, there are key company car lease tax pitfalls that...
Xero Add Ons – April
For those involved in farming and agriculture Xero now has as an add-on partner specific for your business, introducing: Farmflo With bespoke modules to cover Dairy, Beef,...
Pitfall with cars – No 1 – pooled cars (not pedalos!)
It is very difficult to make a company car a pool car and thereby avoid the benefit in kind provisions. To be exempt from such charges the car; Must actually be used by more...
Cycle Chartres 2016!
It’s that time of year again!! With the May Day Bank Holiday fast approaching, a team from Lewis Brownlee will be taking part in the annual Cycle Chartres event! The riders...
Enhanced Capital allowances – making the most!
From 1 January 2016 the annual investment allowance reduced from £500,000 to £200,000. If you find that your capital expenditure already exceeds the allowance available look a...
Inheritance tax (IHT) numbers
If you need to pay Inheritance Tax (IHT) on a deceased’s estate or a large gift into a trust, you may need an Inheritance Tax number before making the payment. HMRC uses this...
CGT annual exemption – use now while stocks last!
Each tax year, individuals receive a Capital Gains Tax (CGT) annual exemption, allowing them to make gains up to a set threshold without paying CGT. However, this exemption...
Xero updates and tips – The latest from Xero!
It has been a quiet month on the Xero front! So, we are going to spoil you with a few Xero updates and tips! Barclays bank feeds not quite ready, hopefully fully running from...
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