Following our popular Tax Saving Strategies to Implement blog, Team HB’s Amy Armitage will be joining Grosvenor Wealth Management‘s David Assor for an informative webinar on utilising the tax allowances that are available to you, to save you tax
Continue readingCash Bonus For Employers Who Take On A New Apprentice
HIRE AN APPRENTICE AND RECEIVE UP TO £4,000
Any employer hiring new apprentices from 1st April 2021 will be eligible for extended cash bonuses of up to £4,000. Until 30 September 2021, grants of £3,000 per new hire, regardless of the apprentice’s age, will be distributed from the Treasury. This is on top of the £1,000 payment provided for new apprentices aged 16 to 18 and those under 25 with an Education, Health and Care Plan, meaning that some employers could receive £4,000 in total.
Continue readingThe fourth Self-Employment Income Support Scheme grant is worth up to £7,500 – do you know how to claim?
Updated: 26 April 2021 – The fourth Self-Employment Income Support Scheme grant is worth up to £7,500 & covers the period from February 2021 to April 2021. The online service to claim the fourth grant will be available from late April 2021. If you’re eligible based on your tax returns, HMRC will contact you in mid-April to give you a date that you can make your claim from. It will be given to you either by email, letter or within the online service.
The Government Gateway is now open for the fourth round of SEISS grants – you will need to login and will then be given a date to return to make your application
Continue readingFive Reasons Why You Should Be Networking For Your Business
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.
Continue readingHB Accountants’ History – Chapter 2: The War Years
As we celebrate our 100th birthday, we thought it would be fun to look back at the history of HB Accountants. You can read Chapter 1 – our birth – here, or read about how the 2nd World War impacted us here:
Continue readingUK Tax Rates for 2021/2022
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.
Continue readingWhat does the UK Budget announcements mean for you and your business?
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.
Continue readingHB Accountants’ History Chapter 1: Our Inception
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.
Continue readingWhat does the ‘Roadmap to Recovery’ announced by Boris Johnson mean for my business?
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:
Continue readingConstruction Industry Reverse Charge Rules New Legislation… are you confused?
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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