Accountancy and Bookkeeping for charities and small businesses
Firstly, we are very grateful for the high volume of interest shown in applying to be our charity of the year. I can certainly say it was a very difficult process for us to choose only one charity! All of the charities were incredible and deserving, with each one dedicated to making a profound difference … Read more
My name is Bavithira Baskaran and I am an Accounting and Finance Graduate from the University of Reading. This summer, I undertook a 6-week summer internship at Holy Brook Associates as an Accounts Admin Intern. Initial Expectations Coming into this internship with zero training in accountancy software, I knew this internship will be challenging and … Read more
What does sustainability mean for us? At Holy Brook we recognise the importance of sustainability and prioritise it in our decision making. Here are a few aspects of how we view sustainability: What measures do we have in place to ensure fair working practices for our team members? What measures do we have in place … Read more
Over the past few years we have had incredible charities apply to be our charity of the year each year and we are excited to announce… APPLICATIONS ARE OPEN AGAIN! Our previous charities of the year have been: Trust House Reading, Against the Grain, ASPIRE2 and Smart Works Reading. Over the last 18 months we’ve … Read more
Samun Omer, reflects on her experience undertaking an apprenticeship As I am approaching the end of my apprenticeship, I would like to describe my experience and how it has changed me. When I started the apprenticeship program I was a junior bookkeeper. My role was mainly associated with assisting the other senior bookkeepers in their … Read more
From the beginning of the next financial year Corporation Tax is going up for most companies from 19% to 25% of profits. However if your profit is below £250,000 special rules apply. Companies with taxable profit below £50,000 The tax on augmented profit will be 19% – this is the same as the current rate … Read more
As you were? Firstly some of what was in the Autumn Statement took us back to where we were before the summer. Corporation tax rises that had been cancelled in the ‘mini budget’ at the end of September are now going ahead. A small profits relief will avoid the impact on very small businesses, but … Read more
I’m not a fan of Black Friday (you can see why here), but one thing it has done this year is highlight the difficulty of pricing during high inflation. With general levels of inflation currently running around 10% this is an environment with higher inflation than many people have experienced. If you are working with … Read more
A number of our charity and small business clients have been in touch asking us to update them on the impact of the various changes from the government over the last couple of weeks. I have been holding off writing this, but it now appears that we have some clarity about the government’s policy, although … Read more
The new chancellor announced a large number of changes in his first ‘fiscal event’. Some of these will impact charities THe first change to come in will be the reverse of the increase in National Insurance rate from 6th November. Payroll providers and most software will be updated in time for November pay runs, but … Read more