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
Continue readingAre you using all your Tax Allowances? Use Them or Lose Them – learn more here
So many people aren’t claiming all of the allowances that they are entitled to – don’t be one of them! HB Accountants are on a mission to let people know (and claim what’s rightfully theirs’ to use) all the allowances and tax breaks, to improve the financial future for themselves and for their families – our Tax Manager Amy is here to help
Continue readingSEISS 5 grant applications to open in late July (Self-Employment Income Support Scheme)
Applications for the fifth round of the self-employed income support scheme grant (SEISS 5) are due to open in late July. SEISS 5 covers the period May 2021 to September 2021 and eligibility is based on your tax returns. Am I eligible? How much will I receive?
Continue readingAct Now! Super-deduction – a very attractive £25m tax break on capex investment
Super-deduction, a new capital investment allowance, has been introduced to boost business investment and help economic recovery. It is a great incentive to encourage businesses to invest in plant and machinery and there are very few exclusions on what can be purchased. Available for two years from April 2021, the 130% capital allowance deduction will deliver 25p off company tax bills for every £1 of qualifying spend.
Continue readingHow to determine if your worker is employed or self-employed following the new IR35 rules for the private sector from April 2021
Buoyed by the apparent success of rolling out IR35 into the public sector, HMRC have extended IR35 rules to the private sector with effect from April 2021. If you employ anyone through their limited company or via an agency then you will need to consider the new IR35 rules – read our guide to help you understand more.
Continue readingCash is King – Here’s how to generate cash right now
Covid-19 has hit many businesses hard. Many of us are working long hours to keep solvent: others are failing through no fault of their own, whilst a few are flying. The reason is simple: As a nation, we were not spending during lockdown. This means limited or non existent cash flow for impacted businesses.
Continue readingFinance for School Leavers in England – Your Need to Know Guide
With students all over Essex, Hertfordshire and the whole of England getting ready to leave school, we are asking “do you know all your options?” Your next chapter should be an exciting one so be one step ahead with our “need to know guide” to help you navigate the options ahead and how they will impact on you financially.
Continue readingKaren Robbins is celebrating 25 Years at HB Accountants – congratulations!
This month we are excited and delighted to be celebrating Karen’s 25 year anniversary at HB Accountants. Karen joined us on 13th May back in 1996 (the very same year that five bundles of trouble called The Spice Girls* were unleashed, Changing Rooms turned us into DIY lunatics and Take That decided to split**).
Continue readingWould you choose a Carbon Positive Accountant?
Would it make you feel great knowing that your accountant is actively striving to minimize their impact on the environment and by choosing to partner with them would help the planet just a tiny bit more by a tree being planted?
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