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 | 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 | Jun 24, 2022 | HMRC, VAT
VAT is a tax which is charged on goods and services provided by businesses in the UK, and all VAT registered businesses must complete and submit a VAT return document to Her Majesty’s Revenue and Customs (HMRC). What is a VAT return? The VAT return document...