New Forest

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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Increase in APR/BPR limit to £2.5m – what it means for business owners

The government announced in late December an increase in the combined Business Property Relief (BPR) and Agricultural Property Relief (APR) allowance to £2.5 million, marking a significant development for family-owned businesses and farms. This is up from £1 million that was initially announced in October 2024.

Read the full article here:https://bit.ly/4btYvFT

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Increase in APR/BPR limit to £2.5m – what it means for business ownersThe government announced in late December an increase in the combined Business Property Relief (BPR) and Agricultural Property Relief (APR) allowance to £2.5 million, marking a significant development for family-owned businesses and farms. This is up from £1 million that was initially announced in October 2024.Read the full article here:https://bit.ly/4btYvFT

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Corporate finance drinks: Tax director Gemma Hedges and senior tax manager Steven Martin attended a corporate finance drinks evening in Poole.

The event was hosted by law firm @trethowans and sponsored by @lloyds.bank bank at The Cow pub in Ashley Cross, a lovely venue with a warm atmosphere

Gemma and Steven said: “It was good to catch up with familiar faces and make new connections.”

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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Corporate finance drinks: Tax director Gemma Hedges and senior tax manager Steven Martin attended a corporate finance drinks evening in Poole.The event was hosted by law firm @trethowans and sponsored by @lloyds.bank bank at The Cow pub in Ashley Cross, a lovely venue with a warm atmosphereGemma and Steven said: “It was good to catch up with familiar faces and make new connections.”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: admin@hwb-accountants.com

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If you are new to the Self Assessment system, new to being self-employed or being a landlord, Self Assessment can feel like one of those jobs you know you should understand better, but never quite get around to.

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

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If you are new to the Self Assessment system, new to being self-employed or being a landlord, Self Assessment can feel like one of those jobs you know you should understand better, but never quite get around to.Read the full article by clicking the link in our bio.

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HWB has promoted two to its board of directors in a move designed to support strategic growth plans.

Colleagues Tom Young and Matt Cooper, both previously associate directors, now step up as full directors.

Tom joined as a trainee from college, achieving his chartered (ACA) qualification in 2012 and taking on a business adviser role two years later.

Matt was made an Associate Director in 2023 following eight years’ service as an Accounts & Audit Business Adviser during which, like Tom, he qualified as a Chartered Accountant.

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HWB has promoted two to its board of directors in a move designed to support strategic growth plans.Colleagues Tom Young and Matt Cooper, both previously associate directors, now step up as full directors.Tom joined as a trainee from college, achieving his chartered (ACA) qualification in 2012 and taking on a business adviser role two years later.Matt was made an Associate Director in 2023 following eight years’ service as an Accounts & Audit Business Adviser during which, like Tom, he qualified as a Chartered Accountant.

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Small Employers Relief Update for 2026-27

From 6 April 2026, small employers will benefit from an increased reclaim rate on statutory payments, helping to reduce payroll costs.

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

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Small Employers Relief Update for 2026-27From 6 April 2026, small employers will benefit from an increased reclaim rate on statutory payments, helping to reduce payroll costs.Read the full article by clicking the link in our bio.

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Growth Guarantee Scheme: key points for your business

The Government has added £500m to the Growth Guarantee Scheme (GGS) to help smaller businesses manage cashflow pressures caused by global tariff changes. The scheme supports access to finance so businesses can stabilise and continue to grow.

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

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Growth Guarantee Scheme: key points for your businessThe Government has added £500m to the Growth Guarantee Scheme (GGS) to help smaller businesses manage cashflow pressures caused by global tariff changes. The scheme supports access to finance so businesses can stabilise and continue to grow.Read the full article by clicking the link in our bio.

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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

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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

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