New Forest

25/10/2022

Zero Rating of Face Masks

HMRC have issued Brief 11 (2022) on 24 October 2022 to confirm that they now accept face masks that are designed for children under age 14 will qualify as an item of clothing and will therefore fall to be zero rated.

The Revenue are updating their general guide into the zero rating of children’s clothing, Notice 714, to reflect this change of view.

As this is not a change of law, but simply a change of HMRC interpretation, it is open to academies that have charged VAT on the sale of face masks to make an error correction, subject to the usual time limits.

 

Latest Feeds

Sophie`s Legacy Bake Sale:

Today, the team at HWB Accountants hosted a bake sale to raise funds in support of our two brave colleagues who will be taking part in a charity skydive on Saturday 23 May.

A big thank you to everyone who contributed by baking, as well as to those who generously donated—your support is truly appreciated.

If you would like to support this fantastic cause and help us raise even more funds, please consider making a donation here:
https://bit.ly/3Qy0r7R

3 0
Open post by hwbaccountants with ID 18072612080310542
Sophie's Legacy Bake Sale:Today, the team at HWB Accountants hosted a bake sale to raise funds in support of our two brave colleagues who will be taking part in a charity skydive on Saturday 23 May.A big thank you to everyone who contributed by baking, as well as to those who generously donated—your support is truly appreciated.If you would like to support this fantastic cause and help us raise even more funds, please consider making a donation here: https://bit.ly/3Qy0r7R

...

Government responds to late payments consultation

The government has published its response to the late payments consultation that ran from July to October last year.

It is estimated that late payments cost the UK economy £11 billion every year, and most businesses are familiar with the pain of dealing with late payments.

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

0 0
Open post by hwbaccountants with ID 18065863724386772
Government responds to late payments consultationThe government has published its response to the late payments consultation that ran from July to October last year.It is estimated that late payments cost the UK economy £11 billion every year, and most businesses are familiar with the pain of dealing with late payments.Read the full article by clicking the link in our bio.

...

Why an external payroll review matters more than ever

Payroll is one of the most crucial functions in any organisation. When employees aren’t paid accurately or on time, it doesn’t just affect their morale, it impacts productivity, engagement, and ultimately, business performance.

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

0 0
Open post by hwbaccountants with ID 17888646804490099
Why an external payroll review matters more than everPayroll is one of the most crucial functions in any organisation. When employees aren’t paid accurately or on time, it doesn’t just affect their morale, it impacts productivity, engagement, and ultimately, business performance.Read the full article by clicking the link in our bio.

...

Tax Planning Breakfast Seminar

We will be hosting a breakfast seminar from 8:00–10:00am at the Axis Conference Centre, Southampton Science Park, focusing on practical tax planning considerations for individuals and businesses.

The session will provide clear explanations and worked examples to illustrate how effective planning can influence tax outcomes. Topics will include pension planning, tax‑efficient investments, income splitting, remuneration structuring, capital gains reliefs, and navigating common tax thresholds.

If you would like to join us please register through the link in our bio.

1 0
Open post by hwbaccountants with ID 17944030695190694
Tax Planning Breakfast SeminarWe will be hosting a breakfast seminar from 8:00–10:00am at the Axis Conference Centre, Southampton Science Park, focusing on practical tax planning considerations for individuals and businesses.The session will provide clear explanations and worked examples to illustrate how effective planning can influence tax outcomes. Topics will include pension planning, tax‑efficient investments, income splitting, remuneration structuring, capital gains reliefs, and navigating common tax thresholds.If you would like to join us please register through the link in our bio.

...

Lunch & Leads: Director Michaela Johns attended the recent Lunch & Leads event hosted by the New Forest Business Partnership at Hockey’s Farm.

The relaxed setting created an excellent opportunity for engaging discussions, meaningful networking, and connecting with other local businesses.

Thank you to the New Forest Business Partnership for a well‑organised and enjoyable event. We look forward to attending future sessions and continuing to build valuable relationships within the local business community.

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

0 0
Open post by hwbaccountants with ID 17918075685359534
Lunch & Leads: Director Michaela Johns attended the recent Lunch & Leads event hosted by the New Forest Business Partnership at Hockey’s Farm.The relaxed setting created an excellent opportunity for engaging discussions, meaningful networking, and connecting with other local businesses.Thank you to the New Forest Business Partnership for a well‑organised and enjoyable event. We look forward to attending future sessions and continuing to build valuable relationships within the local business community.Contact us at HWB today for all your accountancy and business advisory needs. T: 023 8046 1200 E: admin@hwb-accountants.com

...

Legal requirements for company websites in the UK (2026 guide)

Creating or maintaining a company website in the UK involves more than good design and usability — several legal obligations apply to all businesses, with additional rules for those selling online or processing personal data.

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

1 0
Open post by hwbaccountants with ID 18134981044549999
Legal requirements for company websites in the UK (2026 guide)Creating or maintaining a company website in the UK involves more than good design and usability — several legal obligations apply to all businesses, with additional rules for those selling online or processing personal data.Read the full article by clicking the link in our bio.

...

FCA calls on second charge mortgage firms to improve standards

The Financial Conduct Authority (FCA) has issued a clear warning to lenders and brokers operating in the second charge mortgage market, urging them to improve the way they advise customers, assess affordability and explain fees.

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

0 0
Open post by hwbaccountants with ID 18438244189186755
FCA calls on second charge mortgage firms to improve standardsThe Financial Conduct Authority (FCA) has issued a clear warning to lenders and brokers operating in the second charge mortgage market, urging them to improve the way they advise customers, assess affordability and explain fees.Read the full article by clicking the link in our bio.

...

Charity skydive: Two brave accountants from HWB are taking part in a Skydive for Sophie`s Legacy!

On Saturday 23 May, Harry Sherwood and Ben Forster will be throwing themselves out of a plane at 13,000 feet to raise money for this fantastic cause.

We are proud to support their efforts and would welcome any contributions from our network.

If you are able to donate, your support would be greatly appreciated and will help make a meaningful difference.

https://bit.ly/3Qy0r7R

7 0
Open post by hwbaccountants with ID 18096738611115579
Charity skydive: Two brave accountants from HWB are taking part in a Skydive for Sophie's Legacy!On Saturday 23 May, Harry Sherwood and Ben Forster will be throwing themselves out of a plane at 13,000 feet to raise money for this fantastic cause.We are proud to support their efforts and would welcome any contributions from our network.If you are able to donate, your support would be greatly appreciated and will help make a meaningful difference.https://bit.ly/3Qy0r7R

...

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your Academy.

Request a FREE consultation