We’re excited to share a fantastic opportunity unfolding right here in Hoddesdon, Hertfordshire, and we’d love for you and your business to get involved! We are driving a program where students can spend a week rotating through five different local workplaces, spending one day at each workplace, giving them an insight into the incredible employers and career paths available in the Borough of Broxbourne.
Category Archives: Business
Meet Harrison, Our New Trainee Accountant Apprentice
We are delighted to welcome another talented addition to Team HB Accountants, Harrison. He is one of our two new Trainee Accountant Apprentices who have joined HB Accountants this month. Like his fellow apprentice Gavin, Harrison joins us fresh from The Bishops Stortford High School, having recently completed his A Levels.
5 Common Tax Mistakes Small Businesses Make (And How to Avoid Them)
We have taken a look at the top common tax mistakes made by small businesses. The HB team works with all our clients to ensure that they remain compliant with tax and filing regulations and we are definitely not saying that all small businesses make these errors. However, it’s always worth reminding ourselves what needs to be done and our top tips to avoid making tax mistakes. Here they are, in no particular order:
Has the Dividend Allowance or Capital Gains Cut Put You in Self-Assessment?
Significant tax changes are coming for 2024-25, with reductions to both the Dividend Allowance and Capital Gains Tax (CGT) annual exempt amount. These changes could impact how you manage your investments and finances, making it important to stay informed and plan ahead. Here’s what you need to know and how to prepare.
Tax and Business Vehicles
Cars and vans. Diesel, petrol or zero-emission vehicles. To lease or purchase: Every decision about acquiring a business vehicle and how it is then used will have an impact on your tax bill. Here is a short overview of the current legislation but be aware, there are planned changes from April 2025, especially for electric cars, so it is important to keep abreast of what may be changing and plan accordingly.
VAT on independent school fees – what we know so far
The new Labour Government is proposing to apply VAT to independent school fees. Both independent schools and independent school parents are advised to start anticipating the change and plan for additional costs.
Navigating IR35 Rules: A Guide for Businesses
The IR35 off-payroll working rules have seen significant changes in recent years. Historically, this has impacted public companies but since 2021, this is also an issue for all businesses. This is a brief overview of the current IR35 situation and how it may impact your business if you employ contractors.
HB Accountants Ranked 26th in the Top 50 SME Apprenticeship Employers 2024
We’re thrilled to announce that HB Accountants has been awarded 26th place in the prestigious Top 50 SME Apprenticeship Employers 2024. This recognition is a testament to our unwavering commitment to fostering talent and providing valuable apprenticeship opportunities.
Inform Your Accountant of Director Changes to Your Limited Company
As a director of a limited company, your accountant needs to know about any changes in directorship. This is good practice. And ensures compliance with legal requirements and maintains the integrity of your company’s records.
General Election 2024: Key Tax Policies from Major Parties
HB Accountants has created a clear, impartial summary of the main tax policies proposed by major parties for the 2024 general election. This guide highlights the key tax changes each party plans, helping you understand the potential impact on businesses and individuals