Posts Categorised: News

Why set up a limited company?

The quickest and easiest way to start up in business is to become a sole trader. There is very little red tape, not too many financial regulations (although you still need to keep proper records and pay your taxes) and you can administer the business as you see fit. At Lewis Smith & Co. we… Read more »

“Pay Less Tax” seminar a success

The Lewis Smith & Co. “Pay Less Tax” seminar on August 2nd attracted an excellent turn out. What company wouldn’t want to reduce its tax bill? What seemed to interest the delegates the most was the range of options available. Directors of companies with at least £100,000 of profits (available in cash) could use a… Read more »

Beware the market research call from HMRC

You might find that you get a call directly from the HMRC ostensibly on the grounds of “market research” even though you have appointed an accountant as your agent. If you do get one of these call be cautious about what you say. Under normal circumstances HMRC are required to make representations to your agent… Read more »

Supporting the Friends of Alfie Johnson

Alfie Johnson is a special little boy. He suffered from oxygen starvation at birth that left him with severe brain damage. The Friends of Alfie Johnson was established back in February 2009 to help provide Alfie with specialist equipment and services to help him get the most out of life. Now they raise money to… Read more »

Pay Less Tax seminar – Tuesday 3rd August 2010

At Lewis Smith & Co. we strongly believe that it is our duty to help clients maximise their income and reduce their tax liabilities. That’s why we have organised a free seminar, in partnership with specialist tax advisors Peak Performance Accountants’ Group, to look at some of the exciting new tax planning tools that are… Read more »

Credit control tips for small business

5 Simple ways to improve your credit control Many of our clients are reporting a return to the bad old days of late or non-payment. At best it can create potentially expensive cash flow problems and at worst it can result in your business becoming insolvent. So we have put together just a few simple… Read more »

June 2010 budget highlights

George Osborne, the new Chancellor of the Exchequer, has just delivered his first budget to the nation. We’ll pick out the key pronouncements for business now but expect to see more comment from Lewis Smith & Co. over the next days and weeks as we get to understand what it will mean for you.  … Read more »

World Cup TV Licence warning

The Federation of Small Businesses has warned employers that they need to check where they stand with their TV Licence before they let their staff watch England matches during this year’s World Cup. Most people will be aware that a separate TV Licence is required for the business premises where the matches are being watched…. Read more »