Making Tax Digital

I am sure you have all heard in the news of a new, revolutionary and supposedly more efficient tax reporting system being introduced by everyone’s favourite government department. Of course I am talking about Making Tax Digital. Making Tax Digital, or MTD for short, is simply a new tax system dreamt up by HMRC with […]

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VAT Flat Rate Scheme

For many years the VAT Flat Rate Scheme was seen as a simplified method for businesses of all sizes in order to comply with VAT reporting regulations. In the Autumn Statement on 23rd November 2016 the Chancellor announced a number of significant changes to the scheme to deter potential exploitation and manipulation. These changes came […]

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Happy New Tax Year!

After a positively wild New Years Tax Party last night it is back down to earth with accountants across the country dusting off their calculators in preparation for the new tax year. With 31st January deadline seeming rather too recent for many, the last thought in most people’s minds are their tax affairs. However, with […]

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Year End Tax Planning

With the joys of Pancake Day having just passed tax planning may not be the first thing which springs to most people’s minds, however with 5th April 2017 fast approaching now is the perfect time to make use of any unused allowances and exemptions before they are lost. Personal Allowances, Capital Gains Tax and Inheritance […]

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Time for Tax Planning

Firstly, we would like to take this opportunity to thank all of our clients for helping us beat yet another 31st January Self Assessment deadline. It is this time of year when many people (wrongly) believe that accountants like to put our feet up and relax, drink tea and tuck into a couple of biscuits. […]

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Christmas Wishes From Lewis & Co.

2016 – A Year of Change When people look back on 2016 the overriding emotion is one of change. The world of politics was thrown into disarray with the UK historically voting to leave the EU, leading to the ousting of the then Prime Minister David Cameron and the installation of a new leader in […]

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Autumn Statement

As the clock slowly ticked round to 12:30, our minds wandered as to what surprises may be in store over the subsequent hour or so. It was of course Autumn Statement Day as Mr Hammond prepared to step up and deliver his first major speech as Chancellor of the Exchequer. After the opening remarks, most […]

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New Website

We are excited to announce the launch of our new look website. Lewis & Co have recently taken the opportunity to review not only the various services we offer, but also what our clients want from their Accountant and Tax Adviser. As part of this review we have updated our website with a fresh new […]

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