HMA ACCOUNTANTS

News

News

Applying for a National Insurance number

Working or claiming benefits in the UK? You may need to apply for a National...

Helping family or friends with their tax

Need to help a relative or friend with tax? HMRC’s Trusted Helper service makes it...

Higher penalties for MTD filers

Making Tax Digital for Income Tax will become mandatory in phases from April 2026. If...

Transfer pricing consultation

New UK transfer pricing rules could mean more reporting and fewer exemptions for mid-sized businesses...

Why industry expertise matters when starting a business

Starting your own business can be an exciting and liberating decision. But passion and ambition...

Choosing the right KPI’s for your business

Key Performance Indicators (KPIs) are not just numbers on a dashboard; they are tools to...

Don’t forget to pay your Class 1A NIC

Employers must act now to meet the deadline for paying Class 1A NICs for 2024-25...

File and paying CGT after property sales

Capital Gains Tax on certain residential property sales must be reported and paid within 60...

Struggling to fund your July tax payment?

The second 2024-25 payment on account for self-assessment taxpayers is due on 31 July 2025...

Goodbye remittance basis hello FIG

Since 6 April 2025, the remittance basis of taxation for non-UK domiciled individuals (non-doms) has...

The impact of frozen personal allowances

The impact of frozen personal allowances often leads to fiscal drag, a situation where individuals...

The Employment Allowance – what you can claim

As of April 2025, more employers can claim the increased £10,500 Employment Allowance thanks to...

Being paid directly is not a confirmation that you are an employee

A Tribunal has provided a landmark ruling over employer-employee status in the context of direct...

Tax Diary August/September 2025

1 August 2025 - Due date for corporation tax due for the year ended 31...

Why exit planning matters – even in the early years of your business

Starting and growing a business is an exciting and demanding challenge. It is easy to...