Looking forward to your future

Our passion as a team is to help your business to succeed as well as providing peace of mind on all compliance matters, and all built on strong client relationships and providing outstanding service.

Ben Blackmore is a Trainee Accountant within the HB Accountants team. Having gained his first taste of working life as a sports coach with a family friend at the age of 15, he completed a Sports Diploma at college. His next move after college was to become a machining engineer at his father’s workplace.

But ever since his college days, Ben wanted to take up a career in accounting.  At the age of 22 he took the unusual move to switch career into the industry. Good luck led him to see an apprenticeship opportunity at HB Accountants and here he is!

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It’s safe to say that payday is the time of the month that employees look forward to. But there are hidden processes and vital security measures that are necessary to make this coveted day run smoothly. Using an outsourced partner like HB Accountants for your payroll can help you to streamline your payroll and cut the risk of a cyber breach. So, what’s at stake?

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Setting up a small business can be exciting. So much rides on it – your hopes, your financial security and future opportunities. Yet all the costs to make it happen and then keep it running efficiently can seem daunting. That’s why you should consider whether your small business qualifies for tax breaks that allow you to save money.  

HB Accountants is experienced in advising small businesses about their tax breaks. Here are our 7 top tips for you to consider:

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A social gathering at work can be an ideal time for team members to get to know each other better but it can be expensive. That’s why it pays to know about Trivial Benefits and tax relief on the annual office party.

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This May our charity partner, Teens Unite hosted its charity race series in Waltham Abbey and several plucky members of the HB Accountants team took part.

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Jane Dunn at HB Accountants celebrates her 50th birthday this month. Jane is our Payroll Manager responsible for ensuring each organisation’s payroll runs accurately and smoothly. The team hope she has a wonderful time celebrating with family and friends. We’ll be marking the occasion with a special birthday lunch this month.

Jane’s birthday is also the day that Bill Hewlett co-founder of Hewlett Packard was born and its birthday to the ‘goddess of pop’, singer and actress, Cher.

To ensure a smooth audit, ideally you should prepare for it during the year. By keeping on top of your finances throughout the year you’ll be well organised when you need to file your corporate tax returns with HM Revenue & Customs and provide audited annual accounts to Companies House at year end. So, who has to have an audit and what steps can you take to make your auditing process run smoothly, with minimal disruption to your day-to-day activities?

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You compare your suppliers to ensure you’re getting a competitive price and service, but have you thought about reviewing your accountancy support? It may be that you’ve used the same accountant for a long while and they’re most likely giving you the support you need. But it’s always worthwhile conducting a review to make sure they’re reaching your expectations and meeting your current business needs.

But what should you look for? These are the questions we believe you need to ask yourself in order to make an informed assessment.

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If you’re serious about business growth, then networking amongst local business people can make a valuable contribution to your success. At HB Accountants we organise and host networking events, as well as attending local groups. As the newest member of the team, I’m delighted to be involved in running networking events designed to help local businesses make connections. Here are the latest dates for your diary.

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We’re ready, are you? HB Accountants recognise that it’s demanding for people to know what to do to comply with the new MTD requirements. It’s a common misconception that businesses think they don’t have to do anything since they’re already submitting their tax returns online. Unfortunately, that’s not the case as all your online submissions, be it accounts or spreadsheets, must now directly interlink with the HMRC system.

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