Important changes to self assessment criteria for 23-24 returns – threshold raised to £150,000

From the 2023/2024 tax year onwards, the self assessment threshold for taxpayers will rise to £150,000 as long as your only income is via PAYE. This means that you only need to submit a self assessment tax return if your income exceeds £150,000 or you receive income from sources. Other sources of income include but are not limited to self employment income over £1000, dividends, high income child benefit, or rental income.

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A New Beginning at HB Accountants: Sophie’s Journey as a Business Administration Apprentice

I’m delighted to introduce you to Sophie, the latest addition to our HB Accountants team. Sophie has joined Team HB as a Business Administration apprentice. It’s been only two days, but Sophie’s enthusiasm and positive vibes are already making an impact

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Meet Cameron, Our New Trainee Accountant Apprentice

HB Accountants are proud to introduce you to our newest member of Team HB, meet Cameron. Cameron decided that learning whilst gaining valuable experience and making connections along the way, was the path he wanted to take following on from his A Levels. He spotted our apprenticeship on the Government Website and after a successful interview, he officially joined our team, and his first week was nothing short of amazing (our words not his)

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Strengthening Our Team: Building a Vigilant Workforce at HB Accountants

Accountants play a vital role in preventing serious crimes like human trafficking by being watchful and reporting suspicious financial activities. HB Accountants are serious about this responsibility. Strengthening our team and building a vigilant workforce is paramount. Continuous Professional Development (CPD) is a mandatory part of our commitment to professional ethics. We ensure our team stays well-informed by using resources such as the ICAEW‘s AML educational drama, “All Too Familiar.”

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UK Anti Money Laundering Regulations: Why Accountants are asking questions

In the world of accounting, having a robust Anti-Money Laundering (AML) compliance system is crucial. You may not link accounting to AML checks, but accountants play a crucial role in safeguarding the UK’s financial system

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Are you a trustee for a charity? This is what you need to know about overseeing charity accounts

Charity trustees, also known as board or committee members, are the people who lead the charity and decide how it is run. Being a trustee means making decisions that will impact people’s lives. You can read more about the work of a trustee here. With over 400,000 charities registered in the UK needing trustees to oversee their work and finances, it really is a great way to ‘give back’ to our communities. 

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Elevate Your Finance Department: How Your Accountant Can Be Your Strategic Ally

Finance directors of growth businesses, like you, are constantly faced with the challenge of steering the financial ship toward greater prosperity. To help you navigate this dynamic journey, let’s delve into how partnering with the right accountant, can be a game-changer for your role and your business’s success.

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HB Accountants Earns 23rd Place in Top 50 SME Apprenticeship Employers 2023

We are thrilled to announce that HB Accountants has been awarded the 23rd position in the prestigious list of Top 50 SME Apprenticeship Employers for 2023. This recognition was celebrated at a special event at the House of Commons on September 12th, 2023, attended by our marketing manager, Vicki, who collected the award on behalf of HB Accountants

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What is new networking and why is it so important?

Relationships are everything, be it personal or professional. New networking means creating connections and asking genuine questions. It is NOT about finding a lead. IT has made keeping in touch easy, but experts are reporting loneliness has hit an all time high. New networking, developing business friendships, in person, can help counter loneliness. This is why and how HB network and is why we started our HB Business Ladies Networking Lunches over 15 years ago.

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Driven to start up a new charity? This is what you need to know about your legal and tax obligations!

There are over 400,000 charities in the UK working hard to benefit different segments of society.  You may be aware of a gap in provision and have the passion and drive to start up a new charity. This is what you need to do to establish your charity and the laws that govern charities in the UK.

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