The HB team is so proud to once again be a named finalist in the Apprentice Champion category at the Inspiring Herts awards.
Award Finalist – Apprentice Champion for Inspiring Herts
Category Archives: Business
Vicki is Walking the Camino Trail – Fundraising for the Addie Brady Foundation
You all know that fundraising is part of HB’s DNA. This month, we are supporting our wonderful Vicki with fundraising for the The Addie Brady Foundation. Michelle Brady is a friend of Vicki’s. Sadly, she lost her daughter, Addie, to a brain tumour a few years ago. Addie would now be 21 years old, so Michelle, Vicki, and a group of friends, are organising 21 events to mark her birthday and raise £21,000.
Continue readingUK Tax Rates for 2023-2024 – Important Key Changes
Changes to UK tax rates and allowances are about to come into force. Be aware of key changes to the rates and allowances for the new tax year. Download our tax rate guide for up-to-date rates in the UK for the period 2023-2024
Budget 2023: key points you need to know
UK Chancellor Jeremy Hunt gave his Spring Budget yesterday telling MPs “the OBR is now forecasting that there will be no recession”. Worth noting, no extension was given to the super deduction tax which WILL now end 31 March ’23 and the planned Corporation Tax rate increase IS going ahead from April ’23
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
Deadline to top up national insurance contributions just extended
The government have just extended the deadline for payment for buying back contribution years for state pension from 5 April to 31 July 2023 – taxpayers have extra time to make voluntary national insurance (NI) contributions going back to April 2006. The government has announced that contributions made in this window will be at the 2022/23 voluntary NI rates.
Skills, Learning and Employment Opportunities – HB attend Broxbourne Council’s Local Strategic Skills Partnership Workshop
Many businesses have vacancies for new staff at the moment but filling the roles is not as straight forward as simply finding a person. Businesses need to employ people with skills: the right skills for a particular industry or business task. Many industries are facing a skills shortage so the spotlight is now on understanding which specific skills local Broxbourne businesses need so that any gaps may be highlighted. This will allow local education organisations to provide the right courses to young people and local residents with the ultimate aim of opening up future employment opportunities.
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.
Check for gaps in your National Insurance record now to avoid pension shortfall
Update: Deadline for voluntary National Insurance contributions extended to April 2025 to check your National Insurance record to enable you to fill in any gaps in your NI contributions. Anyone with a shortfall in their record has until April 2025 to buy back their missed years to qualify for a full state pension
HMRC warning as late payment interest rates set to rise again
When you have a personal tax liability to HMRC, you are required to pay it by the due date specified by HMRC. If you fail to pay your tax liability on time, HMRC will charge you interest on the amount owed until it is paid
