HMA ACCOUNTANTS

News

News

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...

Autumn Budget 2025: What Changes Might Be on the Horizon?

As we look ahead to the Autumn Budget 2025, it is clear that the Chancellor...

Who is liable to Income Tax at Scottish rates?

Where you live determines if you pay Scottish Income Tax. The rules are not based...

Pension contributions, net pay or relief at source?

Your pension scheme type affects your tax relief. Workplace pensions offer tax benefits, but the...

Tax returns for a deceased taxpayer

You may need to submit tax returns for someone who has died. As the personal...

What if you no longer need to submit a tax return

You must tell HMRC if you no longer need to file a tax return. Whether...

Setting up a payroll scheme

Registering for payroll is essential when hiring staff. From HMRC registration to legal compliance, getting...

Do you have additional income streams?

Side income over £1,000 may mean filing a tax return. HMRC is urging part-time earners...

How AI is changing your business

Artificial intelligence (AI) is no longer something for big tech firms alone - it is...

Are you ready for Companies House ID checks?

From 2025, Companies House is rolling out new identity verification requirements for directors, people with...

Claiming for uniforms, work clothing and tools

Buying tools or clothing for your job? You could claim tax relief. Check if you...

Claiming for uniforms, work clothing and tools

Buying tools or clothing for your job? You could claim tax relief. Check if you...

Accounting on a cash basis

From April 2024, the cash basis is the default method for sole traders and most...