BUSINESS
Brexit and the impact on auditing rules
In the lead up to, and following, the UK’s exit from the EU, the Government released several statutory instruments which impacted the auditing rules. The Statutory Auditors...
To lease or buy your new agricultural and horticultural equipment?
It is hard enough for you to run your business, without having to know the rules for tax and accounts for HP, leasing and buying equipment. Our team understands that every...
Changes coming for sales made to EU member countries
EC SALES LISTS From 1 January 2021 sales of services made to EU VAT registered businesses will no longer be reported on an EC Sales List. Any sales made to EU VAT registered...
The Job Support Scheme – Starting from 1 November
The Government's new Job Support Scheme (JSS) comes in to effect from 1 November 2020 and will run for 6 months until 30 April 2021. It has been adapted to provide different...
Change for farming and horticulture – How Lewis Brownlee can make this easier for you.
The industry is constantly changing and farmers and horticulturalists have shown themselves to be adaptable and resilient in the face of this change. We can be your trusted...
Audit reports: Reporting on irregularities, including fraud.
Following a revision to ISA (UK) 700 (Revised January 2020), for audits of financial periods commencing on or after 15 December 2019, auditors are required to explain in the...
What should I do if I am concerned that I could have overclaimed furlough payments?
It is clear the government and HMRC are significantly upping their rhetoric regarding furlough fraud. I have just read an announcement that two individuals (including an...
Chichester District Council COVID-19 Recovery grants – deadline for applications 23 October
Chichester District Council is calling for local community groups and businesses to apply for COVID-19 funding support as the deadline for applications is extended until 23...
COVID-19 Chancellor’s Statement Update
Please see below our summary of the headlines from the Chancellor's statement in Parliament today, where a series of measures to help jobs and businesses were announced. NEW...
What is a Virtual Financial Controller (VFC)?
A Virtual Financial Controller... What is one of those? If you run a business and cannot justify employing a full time qualified chartered accountant to help you manage your...
£20m of new grants for small businesses!
Thousands of smaller businesses in England are set to benefit from £20 million of new government funding to help them recover from the effects of the Coronavirus through...
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...