Blog

Filing a Self Assessment tax return can be a daunting task, but it’s an important part of managing your finances as a sole trader, freelancer, or business owner. One way to reduce the amount of tax you owe is by ensuring that you claim all the allowable business expenses. Here’s a breakdown of the common… Read more

With the news that the Government intends to increase Capital Gains Tax, we are having more conversations with clients who are considering a swift sale of their company. Managing Director Mark Grewer discusses what the best strategy is likely to be, for any business owner considering their exit. The UK’s changing Capital Gains Tax regime… Read more

With the news that the Government intends to increase Capital Gains Tax, many business owners will be considering a swift sale of their company before the end of March 2025. Senior Manager Kelsey Butterfield discusses why companies should include acquisition as part of their growth strategy and how to identify what the best fit may… Read more

Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024. The Budget aims to deal with the £22 billion ‘black hole’ in public finances whilst restoring stability and rebuilding public services. She announced tax rises worth £40 billion to fund the NHS and other public services. Personal Tax Income Tax… Read more

From 1 October 2024, new legislation under the Employment Rights Act 1996 changed how employers handle tips, gratuities, and service charges. The goal is to ensure fairness and transparency, with clear guidelines on how these payments are distributed among workers and for the Secretary of State to issue a Code of Practice to support the… Read more

The new Labour Government has pledged to “Get Britain Building” by implementing reforms to the planning system and initiating national infrastructure projects. While construction industry leaders have broadly welcomed these reforms, the Federation of Master Builders (FMB) emphasises the need for a robust, long-term training and skills development plan to address the sector’s ongoing skills… Read more

The hospitality industry is beginning to see signs of recovery, with research indicating increased optimism for pubs and restaurants. However, many businesses continue to struggle with rising costs, including the recent minimum wage increase in April. Some venues have successfully offset these costs through price adjustments, and larger brands are showing renewed confidence by investing… Read more

Accountants are essential partners in managing your business finances. They provide expert advice, assist with business strategies, and help ensure your company grows while saving money. With an accountant, you can focus more on running your business, knowing that your financial matters are in good hands. A skilled accountant can save you money by optimising… Read more

Get to know our Managing Director Mark, who has been working in our York office for almost 36 years. Read below to find out about how he started his career at HGH and what he thinks of the firm’s progress. What does your day-to-day role include? My day-to-day role includes lots of meetings. I particularly… Read more

Saving for your child’s retirement might not be your top priority right now, but opening a pension for your child has many benefits for their financial wellbeing and security. The earlier you start, the more time the money has to grow. It also helps in spreading your wealth across generations and supporting your future family…. Read more