HMA ACCOUNTANTS

News

News

Claiming the correct tax relief for work mileage

Employees who use their own vehicle for business journeys may receive Mileage Allowance Payments (MAPs)...

Take care when painting non-compete clauses with a broad brush

Protecting hard-won local customer networks is a constant and necessary battle for commercial suppliers. However...

Why uncertain times make business planning more important

Economic conditions remain uncertain and many business owners are understandably cautious about the months ahead...

Is AI delivering real value for small businesses?

Artificial intelligence (AI) has dominated business headlines over the past year, with many suggesting it...

Tax-free childcare, are you missing out?

With childcare costs continuing to rise, many working families could be missing out on valuable...

Claiming tax relief on professional training

Keeping your skills and knowledge up to date is important but the cost of professional...

Do you need to pay tax on money received from family?

Receiving money from a family member can be a welcome source of financial support, but...

Tax benefits of giving assets to charity

Most people are aware that cash donations to a charity can qualify for tax relief...

Have you checked your State Pension forecast recently?

Your State Pension forecast can help you plan for retirement by showing how much State...

Payroll compliance – what is Full Payment Submission?

A Full Payment Submission (FPS) is a payroll report that employers must send to HMRC...

Rising employment costs are changing business decisions

Employment costs continue to rise, and many small businesses are feeling the impact. Higher wage...

Late payments still threaten small business cash flow

Late payments remains one of the biggest challenges facing small businesses across the UK. Even...

Claiming tax relief on business insurance

If you are self-employed, you may be able to claim tax relief on certain business...

Are you using the best VAT scheme for your business?

Small businesses have several VAT schemes available that can simplify VAT administration and may help...

Is HMRC holding money that belongs to you?

It is important to know if HMRC is holding money that belongs to you. For...