Do you want to be in greater control of your business? Make decisions based on facts such as when you typically increase sales and, therefore, need to employ more sales people or to change tack and boost your marketing spend in a particular sector, for instance. The answer is a set of accounts that is not required by law and does not have to be filed with HMRC – known as management accounts, these are numbers that give you a true picture of your business and will put you in greater control of your business than ever before.
Continue readingHB Accountants’ History Chapter 3: Our Name and our Home
As we celebrate our 100th birthday, we thought it would be fun to look back at the history of HB Accountants. You can read part 1 – our birth – here read about how the 2nd World War impacted us here. In this blog, we explore our name and home in Hoddesdon, Hertfordshire.
Continue readingHow going green is good for your business
Turning your business green to become more environmentally-friendly is more than just a positive environmental choice. Customers and employers are deliberately seeking out businesses with ‘greener’ working practices as sustainable living and working grows in importance. We’ve seen a huge increase in the number of social media posts about it, for example, and our recent article about the tax and environmental benefits from driving an electric car was one of the most popular blogs ever. It’s clear that as well as being good for our planet, there are economic benefits of going green.
Continue readingHB Accountants are looking for a trainee accountant apprentice and a business administration apprentice to join the team – could an apprenticeship be for you?
HB Accountants are training firm in Hoddesdon, Hertfordshire, and we are all about empowering and inspiring young people to be the very best versions of themselves. As part of our Corporate Social Responsibility strategy, we have developed an Education Partnership Programme (EPP) and for many years have worked in partnership with Hertford Regional College, taking on apprentices from local schools.
Continue readingReduce your employers’ NIC liability and your employees taxable benefits by switching to fully electric vehicles
If an employee is provided with a car by their employer, tax is payable on the cash equivalent of the of car provided. The cash equivalent of the company car provided is calculated by taking the list price of the car, multiplied by a certain percentage, this percentage depends on the amount of carbon dioxide emitted by the car.
Continue readingTeam HB director Karen Chase takes on Charity Hike in July
On 11th July HB Accountants’ director Karen Chase and her sister Sarah will be striding out 18 miles for charity in memory of their father, Stephen…
Continue readingBe Prepared – changes to furlough from July 2021
Furlough has been extended until 30 September 2021, however, the level of grant available to employers under The Coronavirus Job Retention Scheme is set to reduce from 1st July, 2021. This means that employers will need to ‘top up’ wages to ensure that their employees continue to receive 80% of their salary, capped at £2,500 per month.
Continue readingHow Carbon Offsetting helps business and the planet
In Britain, almost a fifth of greenhouse gas emissions come from businesses according to government statistics. Contrast this with research from Unilever that suggests 33% of consumers want to buy from brands they perceive as “green’ and employees want to work for a ‘green’ company. According to other research, 75% of employees within SMEs say that sustainability is important to them.
Continue readingEmploying your teenager to work for you
When your child turns 13 years old, they can legally work for your limited company. There are restrictions on what work they can and cannot do – no chimney sweeping allowed! This could be a good opportunity for your child to learn more about business and for your company to benefit from additional support.
Continue readingHow to start and run a limited company – free Companies House webinar
Did you know that Companies House offer free Webinars and podcasts to help you with your business? Take a look at their latest webinars and find out how to register, their next webinar Starting and Running a Limited Company looks to be a great free resource
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