HMA ACCOUNTANTS

News

News

Where a formal job offer effectively creates a binding contract

In the world of HR, the ubiquitous disclaimer "subject to references" is often viewed by...

Government reviews access to face-to-face banking services

The government has announced a review into access to face-to-face banking services as concerns continue...

Companies House publishes its business plan

Companies House has published its business plan for 2026-27, setting out its priorities for the...

VAT – opting to tax property

The option to tax is a VAT election that allows businesses to treat supplies of...

Claiming to reduce payments on account

Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax...

IHT – gifts made with reservation of benefits

Most lifetime gifts are treated as potentially exempt transfers (PETs) for Inheritance Tax (IHT) purposes...

A reminder of tax-free trivial benefits

Employers looking to provide staff with small gifts or seasonal tokens of appreciation should remember...

Key person policies and tax relief

Many businesses take out “key person” insurance policies to protect against the financial impact of...

Government measures to ease rising fuel costs

The government has announced a package of measures intended to help motorists and businesses manage...

Increase in approved mileage rates

The Chancellor of the Exchequer, Rachel Reeves updated Parliament on 21 May 2026 on the...

New measures aimed at easing living costs

The Government has announced a new package of measures designed to help households manage rising...

Tougher action on late payments

The Government has introduced a landmark new Bill aimed at tackling the growing problem of...

Landlord tax and National Insurance considerations

When renting out property, landlords may have both Income Tax and National Insurance considerations to...

VAT Cash Accounting

The VAT Cash Accounting Scheme can help businesses improve cash flow by allowing VAT to...

Can you claim Business Asset Disposal Relief

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a...