Transforming lives through education

You all know that HB is passionate about education and skills training – and our many awards showcase our commitment. We are currently supporting Zambian-student Gertrude, to complete her financial training. We do this through the reputable and impactful African Impact Foundation. Investing in education is a sustainable way for us to ‘give back’ and help people, and we’re pleased to extend to Africa just part of the training and support that we offer in Hertfordshire through apprenticeships, work experience and career guidance. 

Continue reading

New laws to fight corruption, money laundering and fraud may impact how Directors interact with Companies House

The Economic Crime and Corporate Transparency Act received Royal Assent in October 2023. It substantially amends the Companies Act 2006 and introduces new requirements for how companies registered in England and Wales interact with, and submit information to, Companies House.

Continue reading

2023 Autumn Statement: HB Accountants’ Summary

On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. The Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating to National Insurance changes and also the reform of work-related state benefits.

Continue reading

Are you a trustee for a charity? This is what you need to know about overseeing charity accounts

Charity trustees, also known as board or committee members, are the people who lead the charity and decide how it is run. Being a trustee means making decisions that will impact people’s lives. You can read more about the work of a trustee here. With over 400,000 charities registered in the UK needing trustees to oversee their work and finances, it really is a great way to ‘give back’ to our communities. 

Continue reading

Driven to start up a new charity? This is what you need to know about your legal and tax obligations!

There are over 400,000 charities in the UK working hard to benefit different segments of society.  You may be aware of a gap in provision and have the passion and drive to start up a new charity. This is what you need to do to establish your charity and the laws that govern charities in the UK.

Continue reading

ACTION STATIONS: Super Deductions end on 31st March 2023

With the enhanced ‘super deduction’ capital allowance coming to an end, it may be worth making a capital purchase or entering into a contract for such a purchase, over the next few weeks. This needs to be weighed up against commercial need and consideration of the impending corporation tax rises. Here’s what you need to consider

Continue reading

ACTION STATIONS: What you need to know about Corporation Tax Rises

The UK’s main rate of corporation tax will increase from 19% to 25% with effect from 1 April 2023. Not every company will pay at this rate. A small profits rate of 19% will be introduced for companies with annual chargeable profits of £50,000 or less, with a tapered tax band for those with profits between £50,000 and £250,000.

Continue reading

Need to know: Proposals for the next Finance Bill

Draft legislation for the Autumn Finance Bill 2022-23 is now available and it includes consultation on changes to capital gains tax, R&D tax relief, pensions and more. Some of the proposals are welcome, however, others may impact your business considerably. Here’s our overview of the main points

Continue reading