Why Snakes Are Great Accountants!

We haven’t gone crazy! The snake is one of the animals in the 12-year cycle of the Chinese zodiac signs. The new Chinese lunar year is the start of the Year of the Snake in 2025 so we thought it would be fun to apply the stated behaviours of someone born in a snake year and think about why a snake would be a great accountant!

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Meet New Business Connections: Attend HB Accountants Ladies Business Networking in Hoddesdon

If you are ready to increase your business visibility, connect with like-minded professionals, or simply meet with the local business community, this event is for you! Don’t miss out on this fantastic opportunity to grow your business network. Make 2025 the year you level up, sign up today and be part of a thriving community of wonderful businesswomen!

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HMRC Advisory Fuel Rates (AFRs) from 1st December 2024

Advisory fuel rates (AFRs) are recommended reimbursement figures for drivers reclaiming business mileage, usually for those in company vehicles. The advisory fuel rate is updated by HMRC based on fuel prices every quarter, and publish revised figures if required in late February, May, August and November each year

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Accounting for Christmas

As we leap towards the start of the festive season, with Christmas only a few weeks away (sorry!), we are sure that marketing and people teams are full speed ahead with planning Christmas parties and finding ways to to thank everyone for their hard work and loyalty over the past year. This means it is a great time to revisit HMRC’s guidance around parties and Christmas giving to your team and to your clients.

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Solving a Finance Director’s Worst Nightmares: Strategies to mitigate or prevent them from occurring

Finance professionals are not only responsible for financial transactions and reporting, they are directly involved in the operation of their organisations; providing strategic direction and high-level decision making. However, with this expanded responsibility and new technology, there comes new challenges.

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How to create a financial forecast

A financial forecast is an important tool to help you understand the steps you need to take to grow your business or remain profitable. In business, many factors are beyond your control but it’s invaluable to know what to expect in the near future and plan ahead. This is where financial forecasting will help. Here is the HB guide to the value of a financial forecast and how to implement financial forecasting across your business. 

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5 cost reduction strategies that do not sacrifice growth

It’s a delicate balancing act to keep expenses down whilst still investing in growth and innovation. It is tough but it is possible to reduce costs without impacting growth by identifying and eliminating wasteful spending and ultimately build a lean, efficient business that can weather economic storms and be poised to seize new opportunities. Here are 5 proven cost reduction strategies that can help your business achieve longterm positive results.

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HB Accountants’ First Podcast: Episode 1 Autumn 2024 Budget Playbook

At HB Accountants, we understand how challenging it can be to keep up with the ever-changing financial landscape. Are you looking to make the most of the recent budget changes for your finances or business? We have exciting news. Join us for our first podcast, where two seasoned experts will break down everything you need to know in practical, easy-to-understand terms.

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