HB Accountants are looking for a trainee accountant apprentice and a business administration apprentice to join the team – could an apprenticeship be for you?

HB Accountants are training firm in Hoddesdon, Hertfordshire, and we are all about empowering and inspiring young people to be the very best versions of themselves. As part of our Corporate Social Responsibility strategy, we have developed an Education Partnership Programme (EPP) and for many years have worked in partnership with Hertford Regional College, taking on apprentices from local schools. 

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Be Prepared – changes to furlough from July 2021

Furlough has been extended until 30 September 2021, however, the level of grant available to employers under The Coronavirus Job Retention Scheme is set to reduce from 1st July, 2021. This means that employers will need to ‘top up’ wages to ensure that their employees continue to receive 80% of their salary, capped at £2,500 per month.

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Are 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

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How 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.

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Would 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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Cash 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.

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UK 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.

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What 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.

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Tax-Saving Strategies to Implement before 5 April Year End

Businesses and Individuals should always plan ahead to minimise their tax bill – with the end of the 2020/21 tax year fast approaching, this year more than ever (with the Covid19 pandemic impacting on not only our mental health but our financial health too), begs the question, have you thought about what strategies you can implement into your financial plan to ensure it is as tax-efficient as possible?

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