HMA ACCOUNTANTS

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News

Property and savings income subject to new tax rates

The government announced at Budget 2025 that dividend income, property and savings income, will be...

The value of an overhead audit

Many businesses regard their overheads as fixed, predictable, and largely outside their control. In reality...

Avoid over-stocking

Accountants often see the impact that excess stock has on a business long before the...

Who pays Income Tax in Scotland

The rules that govern who pays Income Tax in Scotland is determined by whether an...

Defer paying Class 1 National Insurance on a second job

Employees with a second job, third job or more may be able to defer or...

Work out your VAT fuel scale charge

VAT road fuel scale charges are fixed, standardised amounts that businesses must use to account...

Less than 1 month to self-assessment filing deadline

There are now less than 2 months to the self-assessment filing deadline for submissions of...

Update from HMRC on MTD testing

HMRC has published a new Making Tax Digital newsletter. This newsletter is mainly intended for...

Increase in savings guarantee for bank deposits

The Financial Services Compensation Scheme (FSCS) has raised its savings guarantee for bank deposits, increasing...

When disciplinary processes and non-compete clauses implode

Many modern companies insist on the inclusion of restrictive covenants to limit the freedoms of...

The likely direction of interest rates in 2026

As we look ahead to 2026, there is growing speculation about how the Bank of...

Outlook For Food And Energy Prices In The Year Ahead

Food and energy costs remain central concerns for households and businesses because they influence everything...

Autumn Budget 2025 – High Value Council Tax Surcharge

Starting in 2028-29, the government will introduce a High Value Council Tax Surcharge (HVCTS) for...

Autumn Budget 2025 – Fuel Duty rates

In the Autumn Budget, the Chancellor had been expected to increase fuel duty rates. However...

Autumn Budget 2025 – Alcohol and Tobacco Duty

The Chancellor has confirmed a series of duty increases on tobacco, vaping liquid, and alcohol...