HMA ACCOUNTANTS

News

News

Tax-free income from letting a room in your home

Homeowners can earn up to £7,500 tax-free under the rent-a-room scheme, with simple reporting and...

Sharing income from jointly held property

The standard tax treatment for couples living together, whether married or in a civil partnership...

What is the recent £150bn tech investment deal?

During the State Visit by President Trump, the UK secured a record-breaking £150 billion of...

Choosing the right way to buy a vehicle for your business

For many business owners, a vehicle is an essential tool. Whether it is for visiting...

Unauthorised issue of a VAT invoice

Issuing a VAT invoice without registration or authorisation can lead to HMRC penalties, even if...

Beware scams pretending to be HMRC

Fraudsters are continuing to target taxpayers with scam emails as the deadline for submission of...

War Widows Recognition Payments Scheme

Bereaved spouses who lost service pensions before 2015 have until 15 October 2025 to claim...

Dividend taxes will they increase?

Speculation is growing that rates or allowances applied to dividend income may change in the...

Tax relief for employer contributions to a pension scheme

Employers can generally claim tax relief on contributions made to a registered pension scheme by...

Who needs to register for anti-money laundering supervision

If your business operates in a sector covered by the Money Laundering Regulations, you must...

Don’t rush to judgement over pending tribunal claims

Mr. Aslam, a former Metroline employee, applied to another bus company on 13 April 2019...

Why you should maintain a tax reserve

Every business has a duty to pay tax, whether that is Corporation Tax, VAT, PAYE...

Understanding working capital and why it matters

Working capital is a simple but powerful measure of a business’s financial health. It is...

Budget date announced

The Chancellor of the Exchequer, Rachel Reeves has confirmed, in a video message, that the...

16 years old – the minimum age for a company director

Thinking of starting a company at 16? Know the rules, risks and responsibilities before you...