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
Please see our Christmas opening hours for 2025 🎁🎄
Payroll Costs
Could your business now claim the employment allowance?
Payroll Costs – Employer national insurance contributions
From April 2025 the Government reformed the employment allowance, which is a relief that essentially discounts national insurance contributions.
Your business may now be able to claim the employment allowance, which was increased from £5,000 to £10,500. The previous £100,000 eligibility threshold for claiming this allowance has been removed.
Read the full article by clicking the link in our bio.
T: 023 8046 1200
E: [email protected]
HMRC’s online payment service now live
HMRC’s online service to pay the High Income Child Benefit Charge (HICBC) through Pay As You Earn (PAYE) is now live. The service was announced at the Spring Statement 2025 and aims to reduce the need for some taxpayers to complete self assessment solely to settle the charge.
Read the full article by clicking the link in our bio.
T: 023 8046 1200
E: [email protected]
🎄Christmas party: Our HWB team recently came together at @dancingmanbrewery in Southampton for a festive evening of celebration.
The venue offered the perfect backdrop to strengthen relationships, reflect on our achievements, and enjoy time together outside the office.
We value these events which bring us closer, strengthen our connections, and remind us what teamwork is all about!
A big thank you to the amazing Dancing Man team for making it such a memorable night! 🕺💃
Wreath making: Gemma Hedges took a well earned break from delving through the budget documents Thursday afternoon to make a Christmas wreath with the lovely ladies from Leonard Curtis.
Who says accountants can`t be creative!
Contact us today for all your accountancy and business advisory needs:
T: 023 8046 1200
E: [email protected]
Thank you to everyone who joined our Post-Budget Breakfast last Friday
It was fantastic to see so many of you there as the HWB team broke down Rachel Reeves’ Autumn Budget and explored what the announcements mean for businesses and individuals in real life.
Your engagement and questions made the discussion insightful and practical. We hope you left with clarity and actionable takeaways for the months ahead.
Missed it? Stay tuned – we’ll be sharing key highlights on our YouTube channel soon!
#AutumnBudget #HWBInsights #BusinessBreakfast #TaxAndFinance
Government borrowing rises in September
Official figures show that UK government borrowing reached £20.2 billion in September – the highest for the month in five years. The figures, released by the Office for National Statistics (ONS), underline the financial pressures facing the Chancellor as preparations continue for the Budget.
Borrowing, which measures the gap between government spending and income from taxes, was £1.6 billion higher than in September last year. The ONS said that although the government raised more through taxes and National Insurance, this was outweighed by higher spending, particularly on debt interest and inflation-linked costs.
Read the full article by clicking the link in our bio
T: 023 8046 1200
E: [email protected]
Mountbatten Quiz: lovely evening at the Mountbatten Quiz, HWB came second and enjoyed a lovely grazing board throughout, thank you for hosting
As specialist charity accountants, we at HWB support a range of clients range from new start-up charities to centuries-old, from clubs and membership organisations to social enterprises.
Contact us today for all your accountancy and business advisory needs:
T: 023 8046 1200
E: [email protected]
