HMA ACCOUNTANTS

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News

Landlord tax and National Insurance considerations

When renting out property, landlords may have both Income Tax and National Insurance considerations to...

VAT Cash Accounting

The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to...

Can you claim Business Asset Disposal Relief

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a...

Verify your ID at Companies House

Identity verification requirements at Companies House became a legal requirement for directors and people with...

Fiscal drag explained

The freezing of tax thresholds can result in a phenomenon commonly referred to as 'fiscal...

Making Tax Digital – which software to use

Making Tax Digital (MTD) for Income Tax is now in force for many self-employed individuals...

Can a tribunal be fair after all is long said and done?

Employment disputes can drag on for years, which inevitably raises the question of how long...

Covering basic business risks

Many business owners spend considerable time focusing on sales growth, staffing and profitability, although basic...

New employers check list

Taking on your first employee can help a business grow, although it also brings a...

Tax and termination payments

The tax treatment of termination payments is governed by a detailed set of rules that...

Do you need to register for self-assessment?

Depending on your income and circumstances, you may need to register for self-assessment. This may...

Working out your UK residence status

Your UK residence status affects how much tax you pay in the UK and, in...

Tax effects of living away from your home

Many homeowners assume that if a property has been their main residence at some point...

Tax-free gifts for Inheritance Tax purposes

Making gifts during your lifetime can be an effective way to reduce the value of...

Reclaiming VAT on car leasing costs

Businesses that lease cars often assume they can recover all of the VAT charged on...