Meet Vicki – Team HB Accountants’ social media and office queen

You probably know Vicki. She is Team HB Accountants’ Office and Marketing Manager: the bubbly voice at the end of the phone and the one who organises all our wonderful events, whilst keeping in regular contact with our clients, partners and friends on social media and in person. But how many of you know that she passed her stock broking exams, having divided her time between an Equity and a Eurobond trading floor in the City and was an entrepreneur in her own right, with vast experience of running her own business?

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How does the Autumn Budget 2021 impact on you and your business? Find out here

The Chancellor Rishi Sunak presented his third Budget on 27 October 2021. In his speech he set out the plans to “build back better” with ambitions to level up and reduce regional inequality. Find out how the Budget impacts on you and your business below

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Planning For Growth

Welcome to our new series of blogs that will help organisations and businesses of all sizes with PLANNING FOR GROWTH.

After the roller coaster 18-months of lockdowns, openings and for some, a reduced customer base, it’s time to refocus our energies on growth. Over the next few months, we will write a number of blogs on this topic. They will be packed full of guidance and tips that will help your business flourish. Featuring ways to streamline your processes, that will prompt you to review your activities, as well as offering invaluable advice.

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Why your business deserves a great audit and how to find a great auditor!

A great audit delivers an objective assessment of your business accounts and your current business circumstances. When your audit gives you peace of mind from knowing your financial reporting is accurate, you have robust internal controls and are aware of and have minimised potential fraud, it’s a great audit.

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How 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.

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Cash 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.

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Construction 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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What happens when you change accountants?

Many businesses and individuals change accountants. Maybe your needs have changed as you’ve grown and you want to work with an accountant offering multiple services. Or maybe working with an accountant based nearer to your offices will give you the benefit of a more personal service? Whatever the reason, once you know what you need, you can begin the search for a new partner. But what happens when you find the accountancy practice that’s right for you? And what do you do next?  Here’s the answer.

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The benefits of cloud-based accounting systems for SMEs

cloud-based accounting system is a package of software that you purchase the right to use but it is stored off-site on a remote server – the cloud – rather than on your desktop.  It’s cost-effective, can be simple to use, is secure, and provides all the relevant financial information you need at a click of a button. It has been said that small and medium-sized businesses are the biggest beneficiaries of cloud accounting for all of these reasons but cloud computing is not for every business. If you have minimal transactions, for example, or you are the type of person that just isn’t tech savvy, then we would strongly recommend retaining your manual spreadsheet as it is possible to get in an accounting pickle. However, if you’re a SME with manually intensive bookkeeping requirements, you can gain real benefits from implementing a cloud accounting system. Here are a few.  

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