by Louie Callegari | Apr 14, 2023 | Accountancy, Business, VAT
Expenses and disbursements are two terms that are often used interchangeably but they have distinct differences in terms of the effect on VAT (Value Added Tax) purposes in the UK. What are expenses? Expenses refer to costs that a business incurs in carrying... 
by Louie Callegari | Mar 6, 2023 | Accountancy, Business, Tax, VAT
At Lee Coombes Accountancy, our tax advisor services are designed to give our clients in Swansea every opportunity to reinvest in their businesses, and invest in the future. Utilising a professional tax advisor ensures that you will be paying the correct amount of tax... 
by Louie Callegari | Dec 8, 2022 | Accountancy, Finance
As the cost-of-living crisis continues, it is more important than ever that businesses can access advice and support to ensure they can navigate through the current economic climate. High inflation means businesses have to pay more for products and materials, and... 
by Louie Callegari | Oct 25, 2022 | Accountancy, Tax
At Lee Coombes Accountancy, we have been instrumental in helping leading fin-tech company, Coconut, in the development of a cutting-edge digital accounting application aimed at sole traders. The app is designed to help sole traders streamline and simplify their... 
by Louie Callegari | Oct 24, 2022 | Accountancy, Tax, VAT
HM Revenue and Customs is alerting businesses to the fact that the grace period for its Making Tax Digital filing is coming to an end, and from Tuesday 1 November, you will no longer be able to use the existing Value Added Tax (VAT) online account to submit VAT... by Louie Callegari | Aug 17, 2022 | Accountancy, Tax
A Pay as You Earn (PAYE) number is a unique code given to employers to identify tax records with HMRC. Your tax reference number is used to contact HMRC about tax, and consists of three numbers followed by several numbers or letters in combination. The typical...