News
Our news covers a range of subjects, including some of the services that we offer and an update of the recent changes that have, or will take place.
Latest Academy Newswire
Academies Accounts Direction 2024 to 2025 Summary
Academy Trust Handbook 2024 Changes
Important Alert – Watch out for Unauthorised Changes of VAT records
Academies Accounts Direction 2023 to 2024 Summary
Academy Trust Handbook 2023 Changes
Academies Accounts Direction 2022 to 2023 Summary
Risk Protection Arrangement (RPA) members- is your school cyber secure?
New form for notifying HMRC of VAT errors
Zero Rating of Face Masks
Academies Accounts Direction 2021 to 2022 Summary
Academy Trust Handbook 2021 Changes
Academies Accounts Direction 2020 to 2021 Summary
View my financial insights (VMFI) tool update is now live
Guidance on submitting your audited financial statements for 2019 to 2020
Guidance for schools and academy trusts on governance structures and roles
Procurement Policy Note 02/20: Supplier relief due to COVID-19
Accounts return 2019/20 – counter party data collection
Updated academies chart of accounts
Pupil premium and other grants for 2020 to 2021
Teachers’ pension employer contribution grant supplementary fund
Reminder of advice on aluminium composite material cladding
Making Tax Digital – delayed start for some?
Temporary Classrooms – back to where we were
Zero Rating on New School Buildings
Local Authorities to Stop Charging VAT on Sports Facilities
Update on School Uniform
Temporary Buildings – VAT Treatment
Update to HMRC VAT Notice 701/30 on Education
Update to Form VAT126
Brockenhurst College – Final Verdict – Catering
Brockenhurst College case opens VAT opportunity?
Brockenhurst College case – update
Latest Feeds
HWB are pleased to share that Lyndon Howes has been promoted to Assistant Tax Compliance Manager.
The promotion comes as HMRC prepares to extend its #Makingtaxdigital (MTD) scheme to cover self-employed and private rental income from April 2026.
Southampton-born Lyndon, who was previously a Tax Senior, said the forthcoming MTD changes will impact individuals who are self-employed or rely on proceeds from private rent and have a qualifying income over £50,000.
“We anticipate quite a few clients will be affected,” he said. “They will have to make sure they are registered for MTD and start reporting income on electronic quarterly returns with a final end-of-year submission after the fourth quarter.
“The aim of MTD is to give HMRC more of a real-time view of tax liability with those registered being required to use compatible software.”
Lyndon joined HWB straight from Southampton’s Taunton’s College, since renamed @rt6thformcollege and initially worked in both tax and payroll.
He is now a full-time member of the eleven-strong tax department which handles a variety of compliance and advisory activities for clients including individuals, trusts, partnerships and limited companies.
On his promotion, Lyndon said: “It’s great news, lovely to be recognised and have the career progression. As always, I aim to play my part and help the team flourish.”
Lyndon reports to Tax Compliance Manager Martin Back, who said: “Lyndon deserves the recognition for his hard work. He is an experienced tax professional and well-liked by our clients and team.
“Part of his new role will include responding to new client queries and helping to oversee the MTD for IT process, which I know he will do excellently.”
As well as Lyndon’s promotion, the team is celebrating career success for colleagues George Vass and Danny Hockin who have both passed recent exams set by the Association of Taxation Technicians.
The pair are now progressing to achieve the coveted status of Chartered Tax Adviser, the UK’s highest tax qualification, via the Chartered Institute of Taxation.
Photo: Lyndon, George and Danny
Devolution in Hampshire and the Solent
The Government continues to progress plans to create a Mayoral Combined County Authority (MCCA) for Hampshire and the Solent. This would transfer certain powers and funding from central government to a new regional body.
Read the full article by clicking the link in our bio.
Spring Forecast Scheduled for 3 March 2026
The Chancellor, Rachel Reeves, has requested the Office for Budget Responsibility (OBR) to publish an economic and fiscal forecast on 3 March 2026. This will be accompanied by a statement to Parliament.
Read the full article by clicking the link in our bio.
VAT – retailers and third-party contractors
We are aware that HMRC is challenging retailers that supply flooring, kitchens, and bathrooms where the retailer refers the customer to third party contractors for fitting services.
Read the full article by clicking the link in our bio.
VAT Flat Rate Scheme: could it work for you?
If you are a small VAT-registered business, how you calculate your VAT could make a real difference to your cash flow and the time you spend keeping records.
Read the full article by clicking the link in our bio.
Introducing FYI Collaborate - a better way to work with us
We’re pleased to let you know that from January 2026, HWB has upgraded how we share documents with clients. Our previous ODS client portal has now been replaced with FYI Collaborate. If you still have documents stored on the ODS portal, please ensure you download anything you need by 31 March 2026, after which the portal will be closed.
Read the full article by clicking the link in our bio.
Happy Pancake Day from all of us at HWB!
#pancakeday
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If you`re looking for an excellent performance with your accountancy, tax or business advisory needs, our team at HWB is here to help.
T: 023 8046 1200 E: [email protected]
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