Here at Lewis & Co, we’ve noticed a few independent retailers opening up in our local towns, including some clothing boutiques. After a difficult time for retail, it’s really promising to see small business owners feeling now is the time to take the plunge. According to the Office for National Statistics (ONS) non-food stores sales […]
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Figures secured by UHY Hacker Young have shown that there has been a 25% increase in the amount raised by HMRC from tax penalties in 2022/23, hitting a record £851 million. This figure is up from £681 million in 2021/2022, when investigations were stalled due to the pandemic. Analysis shows that most of the businesses […]
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At Lewis & Co, we have longstanding relationships with a number of clients who are farmers and we’ve recently taken on more clients in this area. In fact, we even have some hand’s on experience we can call upon, as Barney Lewis – who founded Lewis & Co – has a farm himself. As with […]
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If you’re a sole trader, then your second Payments on Account (POA) deadline is on the horizon, on 31 July, when you are expected to pay half of your estimated tax for the 2023/2024 tax bill. This figure, which appears on your most recent tax statement (which you can access online), is based on the […]
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There’s an old adage which says ‘never work with children or animals’ but a number of our clients have chosen to ignore this and have built some successful businesses working with both! In terms of animals, we support clients who work with dogs – as groomers, walkers and kennel-owners, for instance – and in the […]
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While we are all hoping that football will be ‘coming home’ this summer – we can reveal that, in September, it really will be! The Eland Cables FISTF World Club 2024 is being hosted in Tunbridge Wells. FISTF stands for Federation International Sports Table Football and, here at Lewis & Co, we are proud to […]
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We were able to enjoy a really lovely team get-together in the sunshine on Friday 24 May. After our fabulous day out at Balfour last year, we asked Emma Broom of Opulence Bespoke Wine Experiences to once again organise it all for us and she once again did a really super job! This time we […]
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According to the UN Tourism Organisation (UNWTO), international tourism is well on track to return to pre-pandemic levels, with figures at the end of 2023 at 88% of 2019. Last year, the Middle East – which includes the ever-popular destination of Dubai – led the recovery, as the only region to overcome pre-pandemic levels, with […]
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HMRC is warning people to be wary of bogus tax refund offers, explaining that taxpayers who completed their tax return for the 2022 to 2023 tax year on time, could be taken in by messages offering a tax rebate. HMRC responded to 207,800 referrals from the public of suspicious contact in the past year to […]
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When launching a business, there are a number of questions which entrepreneurs typically ask. In addition to whether they should be a sole trader or a limited company, whether or not to register for VAT is a common query. The amount of VAT a business pays or claims back is usually the difference between the […]
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