If you drive an electric vehicle, you need to be aware of these changes to road tax. Currently, electric vehicles (EVs) are exempt from Vehicle Excise Duty (VED) also known as road tax. However, from 1 April 2025, drivers of electric and low emission cars, vans and motorcycles in the UK will need to pay VED, in the same way that drivers of petrol and diesel cars do. In addition, electric cars with a list price that exceeds £40k will no longer be expempt from the “expensive car” supplement.
Category Archives: Business
Post Autumn Budget Tax Rates update: 2024-25 tax year
Following the Autumn Budget delivered by the Chancellor last month, it is important to understand any changes to UK tax rates and allowances. This information enables you to make the most of the opportunities available to you. Whether you are a business owner, a sole trader, a landlord or an individual – understanding your thresholds and tax rates is key – takeaway our Post Autumn Budget Tax Rates update: for the 2024-25 tax year
Thank You For Signing Your Engagement Documentation!
Please remember to email over your in-date, Government-issued photo ID. Where this doesn’t include your home address, please provide two proofs of address (utility bill, bank statement etc.)
Many thanks for your help with our compliance requirements.
Read Below To Understand Why We Need To Ask All These Questions
In the world of accounting, having a robust Anti-Money Laundering (AML) compliance system is crucial. You may not link accounting to AML checks, but accountants play a crucial role in safeguarding the UK’s financial system
Budget Breakdown: Insights for Self-Employed, Companies, and Everyday Earners
On 30th October, Chancellor Rachel Reeves has presented Labour’s first Budget since their election. Understanding how their changes to the UK tax system impacts on your business and personal affairs is paramount. Get budget clarity here.
Would you host a T Level student? We are!
T Levels are a 2-year, national qualification for 16-19 year olds and are an alternative option to A Levels and apprenticeships. Students choose to study T Levels as they offer hands-on training alongside traditional academic study as 80% of the time is in the classroom with 20% on a minimum 45 day placement with an employer.
Discovering Your Career Path with HB Accountants at Generation Hertford: Exploring Ikigai and Purpose with Biz4Biz’s App
At HB Accountants, we’re passionate about supporting young people in their career journey, which is why we’re excited to be attending Hertfordshire Futures, Generation Hertford – a fantastic local careers fair aimed at giving students exposure to real employers and insight into the choices available to them after school. Whether you’re interested in accounting, finance, or other professions, our goal is to help you understand your options and explore potential career paths.
Meet HB Accountants’ Director Catherine Hill: and wish her a happy birthday!
Most of you know Catherine but say hello anyway especially as she is celebrating a very special personal birthday (not naming any numbers here but read on for some clues!) and as she nears her 21st work birthday.
Welcome to Gavin, Our New Trainee Accountant Apprentice
At HB Accountants, we love welcoming new faces to the team, and today, we are thrilled to introduce one of our two new Trainee Accountant Apprentices, Gavin! He has joined us after completing his A Levels at Birchwood High School in Bishops Stortford, Hertfordshire and we are excited to see him thrive here at HB.
New Tipping Laws Now in Effect: What Employers Need to Know
The success of our hospitality and service industries is driven by a diverse and exceptionally talented workforce. Starting Tuesday, 1st October, new laws will come into effect ensuring workers receive 100% of the tips they’ve earned.
Expand Your Connections: Attend Our Ladies Business Networking Lunch in Hoddesdon
Are you ready to expand your professional network and build meaningful connections with local businesswomen? Join us at our upcoming HB Ladies Business Networking session in Hoddesdon, where you’ll have the chance to share your story, exchange ideas, and discover new opportunities in a supportive and relaxed atmosphere.