Category Archives: HB News

Five Reasons Why You Should Be Networking For Your Business

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Networking events help local businesses make connections. If you want to achieve business growth, then networking amongst local business people will be a valuable contribution to your success.

At HB Accountants we organise and host networking events, as well as attending local groups. Are looking forward to getting back to face to face networking? We certainly are… our popular Networking Lunch, which we run to enable local business women to meet and do business, will be back soon. We are proud to assist Love Hoddesdon BID with their monthly Networking Breakfast too (again soon to start up post lockdown). We are also proud to organise a dedicated networking session for young professionals called SNAP Networking.

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UK Tax Rates for 2021/2022

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HB Accountants have produced a Tax Card which summarises many of the rates and allowances fundamental to your business and personal lives. It’s a great point of reference throughout the coming tax year and contains lots of information on personal, business, employment, property and capital taxes, including any changes.

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What does the UK Budget announcements mean for you and your business?

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Rishi Sunak has set out the UK Government’s plans for recovery. The Chancellor has promised to do “whatever it takes” to help the UK’s pandemic-damaged economy. HB Accountants are here to help you #BeInformed and our budget summary gives to you overview of the key announcements arising for the Chancellor’s speech.

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HB Accountants’ History Chapter 1: Our Inception

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As we celebrate our 100th birthday this year, we thought it would be fun to look back at the history of HB Accountants. Here’s Chapter 1 – our birth!

Our founders… welcome to the original Team HB, Mr Hardcastle and Mr Burton. Beevor de Vic Hardcastle, a first world war hero who was wounded in Arras, France in 1918, and Frederick William Burton, who served in the short-lived Accountancy Corps – first met as clerks. They decided to establish B de V Hardcastle Burton Co in New Bond Street, London on 5th February, 1921 but it didn’t take long for them to move to Coventry House, also in the City, and for Beevor to set up a satellite office in Northwood, near to his home.

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What does the ‘Roadmap to Recovery’ announced by Boris Johnson mean for my business?

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The Prime Minister has announced the Government’s roadmap to reopening the economy entitled Covid-19 Response – Spring 2021. A copy of the full guidance is here

It introduced a 4 stage plan for reopening the economy starting on Monday 8th March with the reopening of schools and colleges. Then subsequent stages will follow at 5 week intervals provided the following four conditions are met at each stage before proceeding to the next one:

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Construction Industry Reverse Charge Rules New Legislation… are you confused?

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Reading through the updated guidance for CIS NEW VAT Reverse Charge Rule for the Construction Industry might leave you confused. Here we have outlined what you need to consider:

If you supply constructions services, the reverse charge will only apply if you answer “Yes” to ALL of the following questions:

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Monitored CCTV camera system rolled out in Hoddesdon town centre

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Did you know that a fully monitored CCTV camera system was recently installed in our wonderful Hoddesdon town centre? A joint project from the team behind the Hoddesdon BID Board Love Hoddesdon and Broxbourne Council now sees a total of 12 cameras covering most of the town centre area, which are monitored on a 24/7 basis, 365 days per year.

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Tax-Saving Strategies to Implement before 5 April Year End

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Businesses and Individuals should always plan ahead to minimise their tax bill – with the end of the 2020/21 tax year fast approaching, this year more than ever (with the Covid19 pandemic impacting on not only our mental health but our financial health too), begs the question, have you thought about what strategies you can implement into your financial plan to ensure it is as tax-efficient as possible?

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#WeAreNext: Supporting our Hoddesdon Community – Your Town is close to our heart

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Why HB Accountants are are proud to sponsor Your Town and are keen to spread the word about Your Town’s latest campaign #WeAreNext… the seed for Your Town was planted when Founder, Mark White, sent himself an email in 2011 with an idea for a running event that started and finished in his home town, and ours, of Hoddesdon, EN11 Hertfordshire.

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No late filing penalty if your tax return is filed online by 28 February 2021

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HMRC to waive self assessment penalties for one month – HMRC Chief Executive Jim Harra has announced today that If you do not manage to file your Self Assessment tax return online by 31 January you will NOT receive a penalty as long a you file your tax return online by 28 February.

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