HB&O Blog

Innovation, collaboration and the role of your trusted accountant

Businesses do not stand still and in an ever faster developing world, continued investment in technologies, systems, processes and products is vital for all SME businesses to not only grow, but to survive.

04 Apr 19

Making an HMRC Business Tax Account

Every business should have access to an HMRC Business Tax Account whether the business operates as a sole trader, partnership or a limited company.

19 Mar 19

Off Payroll Working in the Private Sector – what contractors need to know

Changes are being introduced to off payroll working in the private sector.

18 Mar 19

HMRC issues new ‘No Deal Brexit’ guidance

The deadline for the UK’s exit from the EU is less than a month away. With a deal yet to be agreed, HMRC has issued new guidance which businesses trading with the EU need to be aware of.

11 Mar 19

Why digital records can work for you.

The clock is ticking - Making Tax Digital (MTD) starts from April 2019. Initially, VAT-registered businesses will have to submit digital VAT returns using MTD-compliant software.

19 Feb 19

The launch of Making Tax Digital is only a few months away – but are you eligible to delay your start date?

There are certain circumstances that mean you or your business may be entitled to an extension on your start date or, in some situations, be wholly exempt from the scheme.

28 Jan 19

All non-refunded deposits to fall within scope of VAT from March

From 1st March 2019, HMRC is changing the way VAT is accounted for when deposits are paid but the supply is not fulfilled.

09 Jan 19

Act now to apply for Brexit preparation funding

HMRC has announced that businesses can apply for a grant to help fund training and IT improvements for those that are involved/or will be involved in the completion and submission of Customs Declarations, as part of the preparations for the UK leaving the European Union.

20 Dec 18

Planning a good exit

In our experience, business owners should start getting their house in order five years before they intend to leave their business.

19 Dec 18

Tax-friendly treats for your staff

Did you know there’s a tax efficient way to treat your staff? If you’re thinking of buying small gifts for your team in the run up to Christmas, here’s what you need to know.

14 Dec 18