Why training future accountants and business professionals is an integral part of HB Accountants business

HB Accountant has always had a passion for recruiting and developing young talent. This passion is rooted in our 100+ year history and is evidenced by 5 of our managers, including Karen, one of our Directors, all starting HB as part of a training scheme. Karen, Catherine, Karen, Colin, and Barrie, all former trainees and with over 131 combined years of HB experience between them, are giving back by training the next generation. 

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New laws to fight corruption, money laundering and fraud may impact how Directors interact with Companies House

The Economic Crime and Corporate Transparency Act received Royal Assent in October 2023. It substantially amends the Companies Act 2006 and introduces new requirements for how companies registered in England and Wales interact with, and submit information to, Companies House.

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Unbelievable excuses for tax returns that miss the Jan 31st filing deadline

The deadline for submitting your Self Assessment tax returns online for the tax year 22-23 is fast approaching! Tax returns must be filed by 11.59pm on 31 January 2024 and any tax owed from the 2021/22 tax year must also be paid to HM Revenue & Customs (HMRC) by this date – you won’t believe some of the laughable excuses HMRC have received in the past for late submissions

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Advisory Fuel Rates for Company Car Users: When You Can Use Them

Changes have been made by HMRC to the advisory fuel rates (AFRs) for all journeys on or after 1 December 2023 for company car drivers claiming back fuel costs from their employer. The rates are reviewed quarterly and are applicable where employers reimburse employees for business travel (company cars); or where employers require employees to repay the cost of private travel

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HB Accountants Celebrating 41 Years in Hoddesdon

Having celebrated our 100th birthday a few years ago, today marks another anniversary for HB Accountants. 41 years in the wonderful Hertfordshire town of Hoddesdon. HB started out in 1921 in the City. Fast forward to 1982 and with rising rent and rates, it was more economically viable to migrate to the suberbs of Hertfordshire, plus lots of the team lived north of the Thames -Amwell House became home 41 years ago on 21 December 1982.

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Our Festive Season Opening Times

Wishing you a very Merry Christmas and a Happy New Year from your dedicated accountants and tax advisors in Hoddesdon, Hertfordshire! As the festive season approaches, we express our sincere gratitude for partnering with us for your financial requirements throughout the year, or for purely for popping over to visit our site.

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Accounting For Beginners – All You Need To Know About Profit And Loss

Understanding whether a business is profitable or not is fundamental to the success of the business. If you are a business owner, you need to know what to do to maximise your profits or whether there are areas that need more attention. This is why regularly creatin and understanding your Profit and Loss (P&L) is so important.

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Sole Trader vs Limited Company – which is right for your business?

Whether you’re just considering a new business idea or already transact as a sole trader, you may wonder if incorporating your business – that is becoming a Limited Company –  is right for you. In order to know the answer, you need to research the differences between the two structures, and we highly recommend speaking to your accountant, as there will be tax implications.

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