If you are a charity, it is important to be aware that nearly all the provisions of the Charities Act 2022 are now in force as another tranche of rules came into force on 7th March, 2024.
Charities – Changes to the Charities Act 2022
Category Archives: Business
Safeguard Your Business: HMRC Alerts on VAT Bank Details Fraud
In a recent development, HMRC has issued a critical warning regarding fraudulent activities targeting businesses’ VAT repayments. Exploiting Form VAT 484, fraudsters manipulate businesses’ contact, return, and bank details, posing a significant threat to financial security.
Difficult Times, Difficult Decisions for Businesses
The current economic outlook is to say the least, uncertain. Economic questions cloud the future. Interest rates, inflation, and the ongoing implications of Brexit have an impact. As does the consequences of global warming and the conflict in Europe and further afield. Forthcoming elections both here and abroad also make it harder to understand a business’ viability trading forward.
Embracing the Future: Welcoming Work Experience Placements at HB Accountants
At HB Accountants, we’re not just about numbers; we’re about nurturing talent and fostering a culture of support and growth. That’s why we’re thrilled to introduce our latest work experience placements, as they embark on a journey of learning and discovery with us.
Sustainability Report from HB Accountants: 2024
The HB Accountants Sustainability Report summarises the important work the team at HB Accountants has completed to reduce our impact on the environment, and to support our local community. It is written for those who are keen to ensure that their chosen accountancy and audit partner is both aware and actively working towards these important matters.
Hey, We’re Hiring! Train to become an Accountant with HB Accountants: Accounts Apprenticeship position
If you would like to avoid university fees and are considering an alternative route to further your education, an apprenticeship is a great solution. We are hiring and have an opening for a trainee accountant apprentice.
Are You Considering Earning Extra Income Through A Side Hustle In 2024?
Starting from January 1st 2024, HMRS now require selling and service platforms to regularly report your transactions to them. These records will be cross-checked with the income you’ve reported on your tax return, and any disparities may be subject to investigation.
This measure aims to combat tax evasion.
Happy New Tax Year! Navigate your 2024-25 Tax Year With Ease
Getting ready for the end of your tax year might appear daunting but don’t dread it, consider embracing it. This is an excellent opportunity to organise your business. This is easier when you have a great relationship with your accountant and you keep good records.
Not Claiming Child Benefits? How This Could Affect Your Child
A number of children currently in year 11 at school, who are turning 16 years old, have not received a National Insurance number. This is why.
UK Tax Rates for 2024-25 – Key Changes
The start of the 2024-25 tax year is almost here. It is important to understand any changes to UK tax rates and allowances because this allows you to make the most of the opportunities available to you. This applies to your business, and for you personally.
