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.
Academy Trust Handbook 2026 Changes
Academies Accounts Direction 2025 to 2026 (AAD)
Latest Academy Newswire
Important Alert – Watch out for Unauthorised Changes of VAT records
New form for notifying HMRC of VAT errors
Zero Rating of Face Masks
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
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.
Steven Martin recently attended the Dorset Chamber breakfast at Rick Stein, Sandbanks.
It was encouraging to hear from Frank Prior and Kerry Houston-Kypta of Paris Smith about the positive outlook for the local region, alongside a captivating talk from Alice Plunkett, British equestrian and sports journalist.
As always, a fantastic venue in Sandbanks and a great opportunity to reconnect with existing contacts, meet new faces, and strengthen relationships across the business community.
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.
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.
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!
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.
