Zero Rating of Face Masks

Pickleball: A team from HWB recently enjoyed a fantastic evening at @dinks.clubs in Chandlers Ford, coming together for a fun game of pickleball and a social catch-up.

It was great to spend time outside the office, stay active, and enjoy each other’s company – and safe to say, everyone had a brilliant evening! ...

Big news for payroll and expenses teams 👇

The private mileage reimbursement rate has been updated to 55p per mile (for the first 10,000 miles), reflecting rising fuel, maintenance, and overall vehicle costs. Mileage above this threshold continues at 25p per mile.

🔍 What this means for businesses:
• Review and update your expense policies if appropriate
• Adjust payroll systems for accurate processing
• Clearly communicate any changes to employees

⚠️ Important to note:
This is an advisory rate — organisations are not required to adopt 55p per mile.
• If you choose to pay less than 55p, employees may be able to claim tax relief on the difference via HMRC
• If you pay more than the advisory rate, there may be tax and NIC implications

👩‍💼 For employees:
• Potential to claim additional tax relief if reimbursed below the advisory rate
• Greater awareness of how mileage payments impact take-home pay

💼 Also worth noting:
Self-employed individuals using the simplified mileage method will benefit from the uplift from 45p to 55p, helping better reflect the real cost of business travel.

✅ As always, staying compliant with HMRC guidance and keeping policies under regular review is key. ...

We’re pleased to share that we’ve recently refurbished our car park, creating a clearer, more accessible space for visitors. The improvements ensure a smooth and stress-free arrival, with designated parking available free of charge for anyone coming to see us.

We’re committed to making every part of your visit as convenient and welcoming as possible, starting from the moment you arrive.

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

Space Masquerade Ball: HWB Directors Tom Young, Matt Cooper, James Flood, Gary Brown and Gemma Hedges recently attended the Space Masquerade Ball 2026, held at St Mary’s Stadium — an enjoyable evening that brought together great entertainment and fundraising.

The event featured a three-course dinner, live entertainment and auctions, all in support of Saints Foundation and Jemima’s Journey through Tree of Hope.

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

Transfers on divorce - What are the Capital Gains Tax implications

When a married couple/civil partnership separate, care needs to be taken to ensure that all parties are aware of the Capital Gains Tax (CGT) implications of any transfer of assets that take place between the couple. If the transfer is not arranged or timed correctly, there could be a CGT charge on assets.

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

Our Director, Michaela Johns, recently attended a Business South introductory event for new members, gaining valuable insight into the organisation and the work it does to support businesses across the Central South.

Business South plays an important role in bringing together business leaders, educators, public bodies and entrepreneurs to drive growth, collaboration and innovation across the region. It was a great opportunity to learn more about their impact and connect with like-minded organisations.

As Business South celebrates 20 years of building meaningful connections in 2026, we’re proud to have joined as Champions and look forward to attending more events in the future. ...