HMA ACCOUNTANTS

News

News

Taxable company benefits

As an employee, you pay tax on certain company benefits, such as cars, accommodation, and...

Student jobs paying tax

Students that work may need to pay Income Tax and National Insurance. Employers are required...

Could you claim the Small Pool Allowance?

Writing-down allowances (WDAs) are a type of capital allowance that let you deduct a percentage...

Selling your UK home and living abroad

If you live abroad and sell your UK home, you may have to pay Capital...

Extension of FYA for zero-emission cars and charge points

An extension of First-Year Allowances (FYA) for zero-emission cars and charge points was announced as...

Construction Industry Scheme changes

As part of the Budget measures, the government confirmed plans to make some changes to...

Employers may now be personally liable for unfair dismissal claims

A recent ruling has increased the scope of statutory protection for whistleblowers to include covered...

Funding options for asset acquisition

Acquiring new assets is often essential for small businesses looking to grow, improve efficiency or...

Cash flow pressures

Cash flow remains one of the most pressing concerns for small businesses, even where trading...

Tax Diary January/February 2026

1 January 2026 - Due date for Corporation Tax due for the year ended 31...

Expanding workplace benefits relief

From 6 April 2026, new tax rules will expand workplace benefits relief. The changes will...

IHT treatment of unused pension funds and death benefits

The 2027 reforms will shift more responsibility to personal representatives, who may need to manage...

Agricultural and business property relief changes

Agricultural and business property relief changes that were first announced at Autumn Budget 2024 will...

Winter Fuel Payment tax charge

The June 2025 reforms introduce a £35,000 income limit for keeping the Winter Fuel Payment...

VCT and EIS changes

The new rules will allow companies to raise more capital under the following schemes although...