If you run a business, or are an investor or a trustee, it is important that you are aware of important dates and deadlines. Failure to do so can result in HMRC issuing penalties for late payment. Normally, late filing penalties are applied to all returns due on but filed after the 31 January deadline. This year, like last year, HMRC are waiving late filing penalties for Self-Assessment taxpayers for a month, giving you extra time, if you need it, to complete your 2020/21 tax return and pay any tax due. Self Assessment late payment penalties waived – more information below.
Continue readingAuthor Archives: Vicki H Foster
Just announced: Additional financial support will be available for businesses who have been impacted by the Omicron variant
Rishi Sunak has announced that £1 billion of additional support will be available for businesses most affected by Omicron across the UK with businesses in the hospitality and leisure sectors in England eligible for one-off grants of up to £6,000 per premises. Plus more discretionary funding will be made available for local authorities to support other businesses
What additional financial support is being made available?
Continue readingHow networking will boost your growth
The old adage ‘it’s not what you know, it’s who you know’ is more relevant today than ever. People do business with people they know, like and trust and for a business to grow, it’s team and management need to meet and build relationships. A fantastic way to do this is by networking: be this in person or virtually. Not only can you build those all-important business connections, you can also learn a tremendous amount by listening to different experiences and insights.
Continue readingThe Kickstart Scheme has been extended!
The Kickstart Scheme extension gives employers until 17th December 2021 to submit the Kickstart Grant application, and recruitment activities upto to 31st March 2022
Continue readingAutumn Budget 2021 – what is anticipated – Green Budget perhaps?
The Autumn Budget (the second budget of the year) will be delivered this Wednesday, 27th October and comes on the same day as the Spending Review which sets out how government will fund public services for the next three years.
Continue readingGiving Carter a Kickstart
We are so pleased to welcome Carter to HB team as our Junior Finance Team Assistant. Carter has joined us for 6 months on the government’s Kickstart Scheme, which provides funding to create new jobs for 16-24 year olds.
Carter has recently secured his A Levels and decided to pursue training, rather than heading off to University. When he has lots of valuable experience under his belt, Carter hopes to find an Apprenticeship scheme or a role that will allow him to develop his natural numeracy skills.
Continue readingHB Accountants are buzzing about positive changes
Climate chance: Evidence shows that our planet is warming up. The Paris Agreement is the UK’s legal target to achieve net zero by 2050 – businesses all over Hertfordshire and Essex and throughout the UK are collectively on this journey together – the first step: create a plan. Embedding that plan and utilising your business’ net zero efficiencies and educating your people will drive a positive change.
Continue readingThe HB Accountants History part 4: The life of a post-war articled clerk
As we celebrate our 100th birthday, we thought it would be fun to look back at the history of HB Accountants. You can read part 1 – our birth – here or read about how the 2nd World War impacted us here or how we got our name here. In this blog, part 4, we revisit what life was like for an articled clerk, learning his trade as an accountant.
Continue readingCelebrating Colin Wilkinson’s 60th Birthday: Do you know your accountant?
This week, HB Accountants’ are celebrating Colin’s 60th Birthday! If ever Team HB needed an excuse to celebrate, this is it, thank you Colin!
Continue readingHMRC told our client to wait 6 months for tax refund to be processed – not on our watch!
James* is 22 years old and is self-employed. He has successfully claimed the SEISS, as his business was negatively financially impacted during the Covid19 pandemic – he wasn’t able to work during most of the Covid19 lockdowns.
Continue reading