New Forest

06/05/2020

Updated academies chart of accounts

The Department for Education has updated the academies chart of accounts for use in the academic year 2020/21. This incorporates a small number of necessary changes to the previous chart of accounts released in May 2019. The specific changes are detailed in the guidance which is included on the webpage.

The chart of accounts is the standard for financial data structure of the Department for Education, designed to underpin the academies accounts return and budget forecast returns.

Academy trusts who have already adopted the chart of accounts should ensure they update their own chart of accounts with effect from 1st September 2020 to reflect the changes. Other trusts are able to adopt the chart of accounts for the first time in 2020/21 should they wish, and to work with their software suppliers to do so.

Adopting the chart of accounts is not mandatory, however academy trusts who choose to adopt the standard will potentially benefit from future automated data transfer tools for financial returns.

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As the UK approaches the 2025 Autumn Budget, speculation is once again building over whether Chancellor Rachel Reeves will need to raise taxes to address a growing shortfall in the nation’s finances.

Unfortunately, we don`t have a crystal ball, but the prediction is that taxes may rise this autumn, so now might be the time to review your financial position.

The team at HWB can help you assess your position, explore options, and put a plan in place that works in today’s uncertain climate.

Read the full article by clicking the link in our bio

#taxrise #hwb #autumnbudget

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As the UK approaches the 2025 Autumn Budget, speculation is once again building over whether Chancellor Rachel Reeves will need to raise taxes to address a growing shortfall in the nation’s finances.Unfortunately, we don't have a crystal ball, but the prediction is that taxes may rise this autumn, so now might be the time to review your financial position.The team at HWB can help you assess your position, explore options, and put a plan in place that works in today’s uncertain climate.Read the full article by clicking the link in our bio#taxrise #hwb #autumnbudget

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Tricky questions: It’s not often that you get to face questions from a six-time winner of the World Quiz Championships, but that’s what happened to a plucky team of hopefuls from HWB.

Our team took part in the @Wessex Cancer Support Big Quiz 2025 at the Concorde Club in Eastleigh which was hosted by Richard Ashman, Winchester-born quiz champion and star of the TV show Eggheads.

Although our quartet of, from left, Matt Cooper, Matt Pickett, Brendon Reis, Joe Wilson and Andrew Kershaw (taking the photo) didn’t come in first place, they were a very close half a point behind!

But most importantly they did manage to help to raise valuable cash for the charity which does such vital work across our region.

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.

Find out more: https://bit.ly/42Q1qTQ

Contact us today for all your accountancy and business advisory needs:
T: 023 8046 1200
E: [email protected]

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Tricky questions: It’s not often that you get to face questions from a six-time winner of the World Quiz Championships, but that’s what happened to a plucky team of hopefuls from HWB.Our team took part in the @Wessex Cancer Support Big Quiz 2025 at the Concorde Club in Eastleigh which was hosted by Richard Ashman, Winchester-born quiz champion and star of the TV show Eggheads.Although our quartet of, from left, Matt Cooper, Matt Pickett, Brendon Reis, Joe Wilson and Andrew Kershaw (taking the photo) didn’t come in first place, they were a very close half a point behind!But most importantly they did manage to help to raise valuable cash for the charity which does such vital work across our region.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.Find out more: https://bit.ly/42Q1qTQContact us today for all your accountancy and business advisory needs: T: 023 8046 1200 E: admin@hwb-accountants.com

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For Mental Health Day, HWB Accountants recognises how important it is to support wellbeing in the workplace. That’s why we provide our team with access to the Health Assured Employee Assurance Programme, offering confidential support and resources whenever they need it. Because looking after mental health is not just a day, it’s an everyday commitment. Take a moment for yourself today—and always.

#MentalHealthDay #WellbeingAtWork #HealthAssured #SupportEachOther #HWBAccountants

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For Mental Health Day, HWB Accountants recognises how important it is to support wellbeing in the workplace. That’s why we provide our team with access to the Health Assured Employee Assurance Programme, offering confidential support and resources whenever they need it. Because looking after mental health is not just a day, it’s an everyday commitment. Take a moment for yourself today—and always.#MentalHealthDay #WellbeingAtWork #HealthAssured #SupportEachOther #HWBAccountants

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This article covers seven key duties every director should be aware of read the full article by clicking the link in our bio

Being a director isn’t just about a title – it carries real legal responsibilities. If you’re ever unsure about your role or what’s expected of you, please feel free to speak to HWB at any time. A quick check now could save a big headache later.

#companydirector #responsibilities

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Seven things every company director needs to knowBecoming a company director comes with a fair bit of responsibility – and not just when things are going well. Whether you’re the hands-on type, more of a silent partner, or even directing behind the scenes, all company directors have legal duties under the Companies Act 2006.This article covers seven key duties every director should be aware of read the full article by clicking the link in our bioBeing a director isn’t just about a title – it carries real legal responsibilities. If you’re ever unsure about your role or what’s expected of you, please feel free to speak to HWB at any time. A quick check now could save a big headache later.#companydirector #responsibilities

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HWB has the exciting opportunity to recruit an enthusiastic, diligent, organised and motivated Receptionist / Administrator to join our Admin team. Experience would be beneficial but not required as on the job training will be provided

We are an established and successful accountancy firm in Chandlers Ford, we provide accountancy, audit and taxation services to both individuals and companies. We take great pride in providing clients with exceptional results, offering a consistent and proactive service to all.

Click the link in our bio to view the full job specification

We offer a competitive salary, dependent on knowledge, skills and experience and a number of benefits including pension, holiday and life assurance.

If you are interested in this role, please email a covering letter along with your CV to [email protected] for the attention of HR.

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Open post by hwbaccountants with ID 17979751469761503
HWB has the exciting opportunity to recruit an enthusiastic, diligent, organised and motivated Receptionist / Administrator to join our Admin team. Experience would be beneficial but not required as on the job training will be providedWe are an established and successful accountancy firm in Chandlers Ford, we provide accountancy, audit and taxation services to both individuals and companies. We take great pride in providing clients with exceptional results, offering a consistent and proactive service to all.Click the link in our bio to view the full job specificationWe offer a competitive salary, dependent on knowledge, skills and experience and a number of benefits including pension, holiday and life assurance.If you are interested in this role, please email a covering letter along with your CV to hr@hwb-accountants.com for the attention of HR.

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To find out more click the link in our bio

#inheritancetax #autumnbudget #taxchanges

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Proposed changes to inheritance taxAs announced at Autumn Budget 2024, the government has published draft legislation for proposed changes to inheritance taxTo find out more click the link in our bio#inheritancetax #autumnbudget #taxchanges

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Best business exit: HWB’s Tax Director Gemma Hedges and Senior Tax Manager Alan Rolfe co-hosted a seminar on business exit strategies.

Owners and senior decision-makers representing more than 20 companies attended The Best Business Exit which we held at the @chilworthmanor in partnership with Mike Duggan from @hybridlegal and Adam Keith from @amfa_ifa

The panel of experts shared their insights on what to do to prepare for a successful exit, from choosing the right strategy to planning for life after exit. Thank you to everyone who joined us for such an engaging and thought-provoking morning.

If you are thinking about a business exit, come and talk to us. Find out more from the link in our bio

#taxplanning #businessexit #financialplanning

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Open post by hwbaccountants with ID 18358740001091505
Best business exit: HWB’s Tax Director Gemma Hedges and Senior Tax Manager Alan Rolfe co-hosted a seminar on business exit strategies.Owners and senior decision-makers representing more than 20 companies attended The Best Business Exit which we held at the @chilworthmanor in partnership with Mike Duggan from @hybridlegal and Adam Keith from @amfa_ifaThe panel of experts shared their insights on what to do to prepare for a successful exit, from choosing the right strategy to planning for life after exit. Thank you to everyone who joined us for such an engaging and thought-provoking morning.If you are thinking about a business exit, come and talk to us. Find out more from the link in our bio#taxplanning #businessexit #financialplanning

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