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10/05/2017

Update to HMRC VAT Notice 701/30 on Education

HMRC issue an update to the VAT Notice 701/30 on Education to include an explanation of the treatment of funds taken from the new apprenticeship service account to pay external providers for apprenticeship training.

HMRC have issued an update to the VAT Notice 701/30 on "Education and Vocational Training" to include an explanation of the treatment of funds taken from the new apprenticeship service account to pay external providers for apprenticeship training, which comes into effect from 1 May 2017.

This VAT Notice provides one of the key sources of reference information on VAT relating to educational matters undertaken by academy schools.

The updated guidance can be found online at https://www.gov.uk/government/publications/vat-notice-70130-education-and-vocational-training

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QUESTION TIME: The HWB team had a great evening at the Rathbones Charity Quiz at The Dancing Man.

The questions were certainly challenging, and the team comprising Matt Cooper, Alex Olney, Harry Sherwood, Richard Knight, Will Churcher and Matt Pickett delighted to finish in fourth place!

As always, the pies were a highlight of the night, and it was fantastic to spend time with so many local businesses and charities.

Congratulations to all the teams who took part, and a big thank you to Rathbones for hosting such an enjoyable event.

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QUESTION TIME: The HWB team had a great evening at the Rathbones Charity Quiz at The Dancing Man.The questions were certainly challenging, and the team comprising Matt Cooper, Alex Olney, Harry Sherwood, Richard Knight, Will Churcher and Matt Pickett delighted to finish in fourth place!As always, the pies were a highlight of the night, and it was fantastic to spend time with so many local businesses and charities.Congratulations to all the teams who took part, and a big thank you to Rathbones for hosting such an enjoyable event.

Why an external payroll review matters more than ever

Arguably, the most important aspect of any company is its payroll. If employees are not receiving their pay in an accurate and timely manner, their productivity levels will falter, negatively impacting the business as a whole.

Read the full article by clicking the link in our bio.

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Why an external payroll review matters more than everArguably, the most important aspect of any company is its payroll. If employees are not receiving their pay in an accurate and timely manner, their productivity levels will falter, negatively impacting the business as a whole.Read the full article by clicking the link in our bio.

Women in business brunch: Susan Wooding and Amanda Cooley were delighted to attend the recent Women in Business Brunch hosted by the Romsey & District Chamber of Commerce and Industry at @Ampfield Golf & Country Club .

The event brought together local female professionals, business leaders and entrepreneurs for a morning of networking, knowledge sharing and meaningful conversations. It was a fantastic opportunity to connect with like-minded individuals, exchange ideas and strengthen relationships within the local business community.

Thank you to the organisers and everyone who attended for creating such a welcoming and engaging event.

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Women in business brunch: Susan Wooding and Amanda Cooley were delighted to attend the recent Women in Business Brunch hosted by the Romsey & District Chamber of Commerce and Industry at @Ampfield Golf & Country Club .The event brought together local female professionals, business leaders and entrepreneurs for a morning of networking, knowledge sharing and meaningful conversations. It was a fantastic opportunity to connect with like-minded individuals, exchange ideas and strengthen relationships within the local business community.Thank you to the organisers and everyone who attended for creating such a welcoming and engaging event.

Quarterly lunch club: Director Michaela Johns recently attended the Quantuma Quarterly Lunch at Carnicero Steakhouse Restaurant & Bar in Southampton.

The event provided a fantastic opportunity to connect with professionals from across the business, exchange insights, and enjoy some excellent food in a great setting.

Thank you to everyone involved for such an enjoyable afternoon.

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Quarterly lunch club: Director Michaela Johns recently attended the Quantuma Quarterly Lunch at Carnicero Steakhouse Restaurant & Bar in Southampton.The event provided a fantastic opportunity to connect with professionals from across the business, exchange insights, and enjoy some excellent food in a great setting.Thank you to everyone involved for such an enjoyable afternoon.

NET RESULT: A HWB team took part in the Venture & Barclays Netball Tournament at Southampton Outdoor Sports Centre

Despite some of our team being a little unfamiliar with the rules of netball, everyone gave it their all and played brilliantly throughout the tournament.

It was a great opportunity to get together, enjoy some friendly competition, and support a fantastic event.

A special thank you to Director Michaela Johns for umpiring and helping make the tournament run so smoothly.

And of course, thank you to everyone from HWB who took part and represented the firm so well.

We`re already looking forward to the next one!

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NET RESULT: A HWB team took part in the Venture & Barclays Netball Tournament at Southampton Outdoor Sports CentreDespite some of our team being a little unfamiliar with the rules of netball, everyone gave it their all and played brilliantly throughout the tournament.It was a great opportunity to get together, enjoy some friendly competition, and support a fantastic event.A special thank you to Director Michaela Johns for umpiring and helping make the tournament run so smoothly.And of course, thank you to everyone from HWB who took part and represented the firm so well.We're already looking forward to the next one!

VAT - Capital Goods Scheme threshold increased

Legislation has now been passed to increase the VAT Capital Goods Scheme (CGS) threshold from £250,000 to £600,000 plus VAT. Although the measure was originally announced in April 2025, the change applies only to transactions taking place on or after 29 July 2026.

Read the full article by clicking the link in our bio.

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VAT - Capital Goods Scheme threshold increasedLegislation has now been passed to increase the VAT Capital Goods Scheme (CGS) threshold from £250,000 to £600,000 plus VAT. Although the measure was originally announced in April 2025, the change applies only to transactions taking place on or after 29 July 2026.Read the full article by clicking the link in our bio.

HMRC is watching you

Companies and individuals that are careless or deliberately non-compliant, in their tax affairs need to watch out.

Read the full article by clicking the link in bio.

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HMRC is watching youCompanies and individuals that are careless or deliberately non-compliant, in their tax affairs need to watch out.Read the full article by clicking the link in bio.

This October, our team is supporting @sophies_legacy with a crisp collection campaign aimed at helping the children and families the charity supports.

The charity gets through a massive 1,500 packets of crisps every week, so we are encouraging our staff, clients and contacts to help the charity by donating these well loved snacks throughout the month!

We`re challenging ourselves to fill our giant collection tube from top to bottom before the end of the month, and we`d love for you to join us on the journey! Any donations will be greatfully received and can be brought to our Chandlers Ford office.

A huge thank you in advance to everyone who donates and helps spread the word.

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This October, our team is supporting @sophies_legacy with a crisp collection campaign aimed at helping the children and families the charity supports.The charity gets through a massive 1,500 packets of crisps every week, so we are encouraging our staff, clients and contacts to help the charity by donating these well loved snacks throughout the month!We're challenging ourselves to fill our giant collection tube from top to bottom before the end of the month, and we'd love for you to join us on the journey! Any donations will be greatfully received and can be brought to our Chandlers Ford office.A huge thank you in advance to everyone who donates and helps spread the word.

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