HMA ACCOUNTANTS

News

News

Interest rate outlook for 2026

The outlook for UK interest rates during 2026 remains uncertain, although current expectations suggest relative...

Hedging against rising costs

Rising prices remain a concern for many UK business owners, particularly where energy, materials, labour...

Filing deadlines for reporting expenses and benefits

Employers providing employees with expenses or benefits in kind must comply with specific reporting, filing...

VAT Flat Rate Scheme – what is a limited cost trader?

The VAT Flat Rate Scheme is designed to simplify the way a business accounts for...

Settlor retains interest in settled property

The settlements legislation is designed to ensure that where a settlor retains an interest in...

Car and travel expenses if self-employed

If you are self-employed, it is important to understand which car and travel costs are...

Tax relief when incorporating a business

When a sole trader or partnership transfers a business to a company, a chargeable gain...

Filing obligations for private limited companies

Those responsible for the accounts and tax compliance of private limited companies must ensure they...

Reducing domestic energy costs

Energy costs remain a significant pressure on household budgets, and reducing consumption continues to be...

Increase in employment costs 2026-27

From April 2026, the National Minimum Wage and National Living Wage rates have increased, and...

Tax Diary May/June 2026

1 May 2026 - Due date for corporation tax due for the year ended 30...

New rules for working from home from April 2026

The rules on claiming tax relief for working from home are changing for the new...

MTD – when the quarterly returns to HMRC are due

Making Tax Digital (MTD) for Income Tax began on 6 April 2026 for qualifying taxpayers...

Vaping products duty schemes

The new Vaping Products Duty (VPD) and Vaping Duty Stamps (VDS) are being introduced from...

Living away from home?

Private Residence Relief (PRR) is a valuable Capital Gains Tax relief that can eliminate the...