HMB Accountants

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HMB Accountants

Helping your business to live long and prosper

29/05/2026

Choosing an accountant on price alone?

You might be comparing the wrong thing.

Fees do vary - but in accountancy, the real difference isn’t just cost. It’s what’s behind it.
Some firms focus purely on compliance. Others go further - helping you understand your numbers, plan ahead and make better decisions.

That difference doesn’t just affect how your accounts are filed… it impacts how your business performs.

So before comparing quotes, ask yourself:
What am I actually getting - and what is it worth to my business?

28/05/2026

A big thank you to Sage for the Making Tax Digital‑themed cookie tin – a sweet reminder that even complex changes can be made more approachable (and enjoyable!).

As MTD continues to evolve, it’s never just about software or deadlines – it’s about helping businesses adapt with confidence and clarity.

At HMB, we’re focused on guiding clients through these changes in a way that feels simple, supported and tailored to them.

And yes… the cookies didn’t last long.

27/05/2026

Many business owners treat mileage as a tick‑box exercise. In reality, it’s a straightforward way to reduce your tax bill - if structured properly.

HMRC allows you to claim a flat rate per business mile, rather than tracking every cost, helping simplify your accounts while lowering taxable profit.

But with recent changes to approved rates, now is the time to review:

✔ Whether you’re using the most beneficial method
✔ How your mileage impacts overall tax efficiency
✔ If you’re claiming everything you’re entitled to

At HMB, we work with clients to ensure these everyday areas are fully optimised — not overlooked.

Find out more 👉 https://www.hmbaccountants.co.uk/news/business-news/archive/article/2026/May/approved-mileage-allowance-payments-amaps-mileage-allowance-relief-mar-and-self-employed-mileage

20/05/2026

The UK government's formal commitment to legislation to stamp out late payments is an historic moment, according to the Federation of Small Businesses (FSB).

The FSB says small firms have spent years battling a culture of poor payment practices by big businesses towards their smaller suppliers.

The government's plans for more stringent rules around prompt payment will go ahead in this parliament, the King's Speech confirmed.

These will include maximum payment terms of 60 days while late payments will also be subject to mandatory interest of 8% above Bank of England base rate.

Tina McKenzie, Policy Chair of FSB, said: 'Late payment destroys thousands of viable small firms a year, damages growth, hits confidence, and keeps hardworking business owners up at night wondering how they will cover wages, bills, and tax payments.

'For too long, large businesses have used small suppliers as a free overdraft. That's why FSB has fought hard for these changes and worked in partnership with the government to make them happen.

What do you think? Will the new plans make a positive difference to your cashflow?

18/05/2026

If you're thinking about growing your business, understanding the funding available to you is vital. However, it can be challenging trying to find the best options for your circumstances.

That's why we've teamed up with Swoop. Swoop helps small businesses easily compare funding options, from loans and equity investments to grants, all in one place. It also reviews your existing financial products, identifying potential savings on banking, insurance, and more.

Take the first step here https://www.hmbaccountants.co.uk/resources/funding

15/05/2026

Sarah has spent the last couple of days at Accountex in London meeting up with friends, colleagues and suppliers. With over 300 exhibitors, 1-2-1 demos and even seminars and training, it's one of our favourite ways to find solutions and opportunities.

Sage Moneypenny Bright Software Group

14/05/2026

Running a business can sometimes feel like you're trying to pilot a starship through an asteroid field.

Deadlines, cash flow worries and endless admin can all take a toll on your mental wellbeing.

This mental health awareness week, it's a good reminder that you don't have to carry the weight of the galaxy on your own. Having the right support around you, including an accountant who helps keep your finances organised, and stress levels lower, can make a real difference.

HMB Accountants - helping your business to live long and prosper

13/05/2026

We turned 29 this week! As we enter our 30th year of serving businesses across tees valley, we thought it would be fun to take a look back at how our lives have all have changed since 1997.

08/05/2026

We recently helped a client secure funding for the growth and expansion of their business.

Running a business comes with many challenges, especially when it comes to finding the right funding or saving on financial costs. We understand that navigating through loans, grants, and other financial options can be time-consuming and overwhelming.

That’s why HMB Accountants has partnered with Swoop, an innovative financial platform that simplifies the process. Swoop helps small businesses easily compare funding options, from loans and equity investments to grants, all in one place. It also reviews your existing financial products, identifying potential savings on banking, insurance, and more.

Take the next step in securing the financial support your business needs. Log into the swoop portal today and discover the funding options that can help drive your growth or reduce costs. With HMB Accountants and Swoop, you’ll have the tools and guidance to find the right financial solutions for your business. https://www.hmbaccountants.co.uk/resources/funding

07/05/2026

In business, decisions backed by real numbers will always outperform guesswork.

Data gives clarity, direction, and confidence - whether you're planning for growth, managing cashflow, or preparing for the future. That's why good accounting is about more than spreadsheets and reports; it's about turning information into insight.

The right data helps businesses spot opportunities, avoid costly mistakes, and make smarter strategic decisions. Because when you truly understand the numbers, you're in a much stronger position to succeed.

Address

18a Manor Way
Billingham
TS234HN

Website

http://www.hmbaccountants.co.uk/

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