Merry Christmas from Lewis & Co

With the Christmas build-up in full flow and just over a week to go until the big day we would like to take this opportunity to thank all of our clients, both old and new, for another wonderful year. Over the course of the year we gained many new clients and are eager and excited […]

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Budget 2017

The 2017 Budget Statement was announced on 22nd November 2017. Please click on the link below to read our analysis. As always, if you have any questions, or would like to discuss anything in further detail then please do not hesitate to give us a call or drop us an email. 21855-LEWISCO-A5 PDF-Sterling

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Tax Tips

1. Travel Allowance Many of you will know about the HMRC approved mileage allowance payments, paying 45p per mile for the first 10,000 miles travelled and 25p thereafter. However, under certain circumstances, there may be an opportunity to claim more than these standard amounts – potentially up to 60p per mile. 2. Joint Income Usually […]

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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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