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Everything Taxwise Under Control

From personal & inheritance tax to VAT & corporation tax

 

Meet your legal obligations

We help both organisations and individuals minimise their tax burden while meeting all their legal obligations. Our technical support ensures they are compliant with tax legislation and reduces the amount of time they spend working on tax returns.

Given the increasing sophistication of HMRC, the complexity of the UK tax system and the time consuming requirements placed on individuals and organisations, it is important that you instruct advisers like us who can effectively manage your tax affairs.

Reduce the time burden of tax

The time burden of dealing with HMRC can seem as much of an imposition as the financial burden of paying tax.  We can take that burden away from you.

We can help businesses, charities and social enterprises with their complex tax compliance obligations.

With increased pressure on businesses to fulfil their obligations for reporting on tax, our timely service helps you to avoid significant tax penalties.

Our areas of expertise

Tax issues resolved quickly

 
"After battling illness for the last three years whilst trying to work intermittently, my finances were the last thing I wanted to worry about. When I approached HB Accountants after their social media marketing struck a chord, the team were absolutely fantastic. Within a week my accounts and tax returns were back in order and all with the most amazing service, understanding and efficiency.

Highly recommended - thank you HB Accountants”
Laura Maloney, Hertfordshire

Making Tax Digital for VAT Phase 2

HMRC has introduced Making Tax Digital (MTD) gradually. MTD for VAT started from 1 April 2019, affecting VAT-registered businesses with a taxable turnover above the VAT threshold of £85,000. Phase 2 of the UK Government’s MTD initiative for VAT started on 1 April 2022. It was delayed because of the Covid19 pandemic. It includes those who have voluntarily registered for VAT, who were left out in the initial phase 1 of MTD for VAT. The new requirements include digital recordkeeping and the tracking of digital journeys, with penalties for infringement and late filings.

From April 2023, Self-Assessment taxpayers will need to comply with Making Tax Digital for Income Tax.

Many businesses mistakenly think they are already digital because they submit their returns online. But this is not enough to comply with HMRC’s Making Tax Digital for VAT requirements. Accounts must now directly interlink with the HMRC system. HB Accountants provide advice on a case by case basis tailored to each organisation’s needs to ensure compliance.

Technical Tax Advice

Get the technical tax help you need and meet your tax obligations without delay. We provide advice on tax compliance to individuals and to charities and companies of all sizes in Hoddesdon, Broxbourne, Hertford, Ware, Harlow, Cheshunt, and beyond. Our tax experts have years of experience and are always up to date with changes in tax legislation.

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Award winning accountants

We are proud to have been recognised for our work. We have won awards in Hertford, Hertfordshire and beyond.

Disability Confident employer Inspiring Hertfordshire Awards 2022 Business of the Year Commended Inspiring Hertfordshire Awards 2022 Apprenticeship Champion Commended
Hertford Regional College apprentice employer of the year finalist 2019

Our Centenary

In 2021 we celebrated our centenary, 100 years providing accountancy services and business advice.  Our business has grown and prospered by building strong, long-term relationships with our clients.

HB Accountants Centenary Celebrations

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HB Accountants is the trading name of HBAS Limited, a company registered in England with registration number 5085258. The registered office of HBAS Limited is Plumpton House, Plumpton Road, Hoddesdon, Hertfordshire EN11 0LB, England. Registered for VAT number 866062806.

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