What are the latest Companies House Reforms?

On 26 October 2023, the Economic Crime and Corporate Transparency Act received Royal Assent, meaning that the proposed reforms to the operations of Companies House were confirmed. The measures are intended to improve the visibility and accuracy of company information and will play a much greater role in disrupting economic crime by preventing fraudulent and […]

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 […]

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 […]

Making Tax Digital for Income Tax Self-Assessment – pushed back to 2026

Making Tax Digital is the government’s initiative for digitising and streamlining the tax return process. VAT-registered businesses are already submitting quarterly VAT returns digitally to HMRC. The good news is that HMRC has pushed back the start date of the next stage of MTD – the introduction of Making Tax Digital for Income Tax Self Assessment (MTD […]

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 […]

Reversal on Emergency Budget 2022

Chancellor brings forward further medium-term fiscal plan measures As the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’. Three weeks later, after huge turmoil, a reversal of most of the […]

Mini Budget September 2022 – The government’s plans for growth

Chancellor reveals his plan for growth The week leading up to Chancellor Kwasi Kwarteng’s ‘Mini Budget’ may have been a short one due to the Queen’s funeral but the new government managed to fill it with a stream of policy announcements. Before Mr Kwarteng stood up to make his statement on ‘The Growth Plan’ much […]

HB&O relaunch their employee engagement platform

We’re excited to announce that through Reward Gateway, we have relaunched our employee engagement platform, ‘myHB&O’! About Reward Gateway Since 2006, Reward Gateway have been helping some of the most innovative companies and HR leaders transform the employee experience to attract and retain top talent through employee benefits, strategic reward and recognition, wellbeing and much […]

DFK welcomes new Executive Director

HB&O has welcomed the appointment of a major international accountant as Executive Director at its global association.  DFK International, a top ten global association of independent accounting, tax and business advisory firms, has announced the appointment of Bill Wright as its Executive Director and Chief Executive Officer, a move welcomed by HB&O. HB&O has been […]

The Mortgage & Property Magazine 2022

HB&O Financial Services have published their comprehensive Spring 2022 Mortgage and Property Magazine and we’re excited to share it with you. For those who want to take their first step onto the property ladder, build a buy-to-let empire, lower their mortgage repayments, or make their homes ‘greener’, this magazine is a must-read.  We’ve summarised some […]

DFK ranked 6th largest association in the world!

DFK International has been ranked as the sixth largest association in the world by a leading industry magazine. HB&O has been a proud member of DFK International for over 6 years. The association has moved up one spot in the ratings to achieve sixth place in the International Accounting Bulletin’s (IAB’s) annual 2022 World Survey […]

4 things to look for when choosing your next accountant

If the pandemic has shown us anything, it’s that location has never been less important. You can now achieve anything, anywhere – being unable to always get people in the same room is no barrier. When choosing an accountant, locality used to be near the top of the list. In the days of written records, […]