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28/12/2016

Update to Form VAT126

Schools making claims for VAT repayments using HMRC Form VAT126 need to be aware the form has been updated.

HM Revenue and Customs have made a minor update to the Form VAT126 on 23 December 2016.

The new form is now live on the Revenue website at:Β https://www.gov.uk/government/publications/vat-claim-for-refund-by-local-authorities-and-similar-bodies-vat126.

The changes include amendments to the declaration and to the details for the "type of body".

As with all Revenue forms, it is recommended that the current document is downloaded before each use, rather than relying upon saved copies.

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πŸ‚ Our Autumn 2026 Bulletin is here!

The latest edition of the HWB Bulletin is packed with useful updates, practical advice and news from across the HWB team.

Inside this issue:

πŸ“Œ Year-end tax planning tips for business owners
πŸ“Œ Making Tax Digital for Income Tax and who may be exempt
πŸ“Œ An update on the changes to FRS 102
πŸ“Œ Inherited estates and Deeds of Variation
πŸ“Œ Business planning and preparing for the future
πŸ“Œ Latest HWB news, events and our continued support for Sophie’s Legacy

Whether you’re looking ahead to the end of the tax year or simply want to keep up with the latest developments, there’s plenty worth a read.

πŸ‘‰ Read the HWB Autumn 2026 Bulletin: link in bio

#HWBAccountants #TaxPlanning #BusinessAdvice #MakingTaxDigital #AutumnBulletin

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πŸ‚ Our Autumn 2026 Bulletin is here!The latest edition of the HWB Bulletin is packed with useful updates, practical advice and news from across the HWB team.Inside this issue:πŸ“Œ Year-end tax planning tips for business owners πŸ“Œ Making Tax Digital for Income Tax and who may be exempt πŸ“Œ An update on the changes to FRS 102 πŸ“Œ Inherited estates and Deeds of Variation πŸ“Œ Business planning and preparing for the future πŸ“Œ Latest HWB news, events and our continued support for Sophie’s LegacyWhether you’re looking ahead to the end of the tax year or simply want to keep up with the latest developments, there’s plenty worth a read.πŸ‘‰ Read the HWB Autumn 2026 Bulletin: link in bio#HWBAccountants #TaxPlanning #BusinessAdvice #MakingTaxDigital #AutumnBulletin

STAYING INFORMED: Our Director, Tom Young had a fantastic day at the Propertymark Southampton Regional Conference held at St Mary`s stadium.

He says: β€œFrom insightful discussions on industry trends and legislation to catching up with professionals from across the sector, it was a great opportunity to learn, network, and stay informed ahead of developments shaping the property sector.”

Propertymark is the leading membership body for property agents in the UK.

At HWB Chartered Accountants we specialise in property accounting: https://www.hwb-accountants.com/specialist/property-accountants/

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STAYING INFORMED: Our Director, Tom Young had a fantastic day at the Propertymark Southampton Regional Conference held at St Mary's stadium.He says: β€œFrom insightful discussions on industry trends and legislation to catching up with professionals from across the sector, it was a great opportunity to learn, network, and stay informed ahead of developments shaping the property sector.”Propertymark is the leading membership body for property agents in the UK.At HWB Chartered Accountants we specialise in property accounting: https://www.hwb-accountants.com/specialist/property-accountants/

Leasehold property management set for major regulatory overhaul

The government has announced plans to introduce a formal regulatory framework for leasehold managing agents, marking one of the most significant changes to the sector in recent years.

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

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Leasehold property management set for major regulatory overhaulThe government has announced plans to introduce a formal regulatory framework for leasehold managing agents, marking one of the most significant changes to the sector in recent years.Read the full article by clicking the link in our bio.

Directors loan accounts – Avoid the unexpected tax trap

Company owners often withdraw monies from their business that is not salary or dividends, this borrowing can be useful but if it is not managed properly tax charges will arise.

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

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Directors loan accounts – Avoid the unexpected tax trap Company owners often withdraw monies from their business that is not salary or dividends, this borrowing can be useful but if it is not managed properly tax charges will arise.Read the full article by clicking the link in our bio.

New home ownership scheme aims to boost first-time buyers

The government has announced plans for a new initiative designed to help more first-time buyers onto the property ladder amid ongoing affordability challenges across the housing market.

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

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New home ownership scheme aims to boost first-time buyersThe government has announced plans for a new initiative designed to help more first-time buyers onto the property ladder amid ongoing affordability challenges across the housing market.Read the full article by clicking the link in our bio.

We are collecting advent calendars for @sophies_legacy to deliver to children who will be spending December in hospital.

If you would like to donate, please deliver to our office by 20 November πŸ’›

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We are collecting advent calendars for @sophies_legacy to deliver to children who will be spending December in hospital.If you would like to donate, please deliver to our office by 20 November πŸ’›

On Sunday, Director Matt Cooper had the pleasure of inviting @amirihomesuk to enjoy corporate hospitality at the Vitality Stadium for the AFC Bournemouth vs Sunderland fixture.

With Bournemouth securing a 2-0 victory, it was a fantastic -afternoon both on and off the pitch. We were delighted to experience the new Club 1899 and spend valuable time with our guests in such a great setting.

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On Sunday, Director Matt Cooper had the pleasure of inviting @amirihomesuk to enjoy corporate hospitality at the Vitality Stadium for the AFC Bournemouth vs Sunderland fixture.With Bournemouth securing a 2-0 victory, it was a fantastic -afternoon both on and off the pitch. We were delighted to experience the new Club 1899 and spend valuable time with our guests in such a great setting.

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