Spring Budget 2024

Despite there being few major surprises in the Spring Budget 2024, there is, as always, a great deal of information in the documents that are released on the internet following the Chancellor’s announcement. It is also possible to miss the impact of changes that were announced in previous statements and which are only now coming […]

National Apprenticeship Week 2024 – Joe Johnson & Nathanael Hodges

HB&O are celebrating National Apprenticeship Week and this year, we’re hearing from a couple of our apprentices as they discuss their journey with us so far. Joe Johnson “Prior to my journey within accountancy, I worked in the Royal Navy as an Air Engineer Technician. I realised quickly that this wasn’t going to be a […]

Helping Hands Soup Kitchen Takeover

On December 19th, some of the team volunteered at a local charity in Leamington Spa, Helping Hands Community Project. They extend compassionate and practical support to those struggling with the causes and effects of homelessness and the work they do is truly inspirational. Whilst the service Helping Hands provide is of course in need of […]

Autumn Statement 2023

On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Against an improving economic backdrop, the Chancellor is keen to stimulate economic growth and highlighted 110 measures for businesses. In addition, there were significant statements relating to National Insurance changes and also the reform of work-related state benefits.   Income tax Income tax […]

DFK UK & Ireland puts on the Greatest Show

Accountancy professionals from across the world joined together in Birmingham for an annual conference held by a leading international association. Independent accountancy association DFK International held its DFK UK and Ireland Annual and Emerging Leaders Conference 2023 at The Grand Hotel, in Birmingham. More than 120 delegates from firms based across 10 countries attended the event, the theme […]

International Firm of the Year 2023!

HB&O are extremely proud winners of the Accounting Excellence International Firm of the Year award! Providing a first-class service to our clients is our priority and we recognise the importance of being able to adapt and remain agile as the sector continues to evolve. As more look to expand into markets beyond UK shores, our […]

HB&O welcomes two new co-owners

Midlands-based Accountancy and Finance firm, HB&O, has announced the promotion of two new co-owners: Simon Turner and Stuart Grosvenor. The new ownership structure will see Simon and Stuart join Directors Mark Ashfield, Helen Coombes and Wayne Gutteridge. The firm has offices in Leamington Spa and Coventry and employs over one hundred people. Their key service […]

Spring Budget 2023

Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. Driving business investment The Chancellor announced a £27 billion transformation of capital allowances from April this year, which will include the Full Expensing of investment in […]

Mark Ashfield appointed as Chairman of DFK UK & Ireland

We are extremely proud to announce that DFK UK & Ireland has appointed our Managing Director, Mark Ashfield, as the association’s new Chairman! Mark has said: “To be provided with the opportunity to further the excellent work undertaken by our previous Chairpersons, Peter O’Connell and Peter Winter, is a daunting yet exciting challenge, and I […]

Upcoming changes to VAT penalties from 1 January 2023

HMRC is introducing a new VAT penalty regime which comes into effect from January 2023. This will change the way that penalties are issued for submitting late VAT returns and paying VAT late. This signals real change and is designed to be fairer, with repeat offenders of late filing and non-payment of VAT returns being […]

The Autumn Statement 2022

On 17 November 2022, the government undertook the third fiscal statement, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government sought a balanced path to support the economy and return to growth, partially through public spending restraint and partially through […]

Donation to the Lily Mae Foundation

Our Managing Director, Mark Ashfield made a very special delivery to The Lily Mae Foundation. Over the past few years, we have been fundraising to donate money to a local charity and to give back to the community – it was decided by the whole team at HB&O that The Lily Mae Foundation would be […]