Posts Categorised: News

What’s the impact of the budget on Black Country business?

From a Lewis Smith & Co perspective this has been a very typical pre-election budget. Lots of fine words from the Chancellor but not too much content. There have been some changes that are going to help small businesses around the Black Country but the planned increase in National Insurance contributions is still going ahead,… Read more »

New rules on penalties for late payment to HM Revenue & Customs

New rules on the late payment of PAYE come into force in May to cover the tax years 2010-2011 and beyond. HMRC has issued a new set of FAQs (Frequently Asked Questions) to help businesses understand what they can and cannot do, and highlight what the penalties for late payments will be. Fundamentally they will… Read more »

Congrats to Stuart – ACCA qualified

Back in October Dudley accountants Lewis Smith & Co announced that it had been awarded gold level status as an Approved Training Practice by the ACCA (Association of Chartered Certified Accountants). The company also stated that it was dedicated to creating a strong training environment to ensure that the business could nurture talent and expertise… Read more »

Remember to register that you are trading

If you have set up in business as a sole trader then there is something that is very important to do. What is it? Tell the taxman…now! If you don’t tell the HMRC that you are trading within a 3 month period of starting in business then you could be liable to a £100 penalty… Read more »

Lewis Smith & Co. beats tax return record

2010 saw Lewis Smith & Co. beat all previous records for the number of tax returns filed by the January 31st deadline. “Because of our success in attracting new clients during 2009 we had more tax returns to complete and file than ever before”, said Lewis Smith & Co. Director Andrew Smith. “It is a… Read more »

Thank you for the compliment

As you can imagine personal referrals are very important to a service business like accountancy. We are delighted to say the much of our recent success has been based on our ability to look after our clients so well that they are prepared to recommend us to other people. You could say that it keeps… Read more »

Starting a business in the Black Country in 2010?

Lewis Smith & Co., one of the Black Country’s fastest growing accountancy practices, have an excellent track record in helping people to get new businesses off the ground and keep them going. Andrew Smith, one of the company’s directors, puts it down to personal experience. “Craig Beale and I have experience both in working in… Read more »

Have a great Christmas from Lewis Smith & Co.

Not many people would suggest that 2009 will go down as a great year. However there have been some good things going on for both Lewis Smith & Co. and our clients. Lewis Smith & Co. has continued to expand and as you know we have made the move into new offices this year. The… Read more »