HMA ACCOUNTANTS

News

News

New funding opens for growing businesses

The British Business Bank has launched a £210 million investment fund to help smaller businesses...

Could simpler reporting reduce business paperwork?

The Government has announced plans to simplify corporate reporting and reduce the administrative burden placed...

Tax diary: October and November 2026

1 October 2026 - Corporation Tax payment is due for companies with an accounting period...

Business expenses when costs have a private element

Self-employed people can deduct allowable business expenses when calculating their taxable profits. However, where a...

Could simplified expenses save you time and money?

Self-employed people can choose to use simplified expenses to calculate certain business costs using flat...

Are you paying your staff the correct minimum wage?

Employers must make sure their staff receive at least the National Minimum Wage or National...

When is a company dormant for Corporation Tax?

A company does not have to be formally closed to become dormant for Corporation Tax...

When can a trading loss generate a tax refund

Making a trading loss whilst not ideal can sometimes generate a tax refund. If you...

Is your company paying Corporation Tax at the right rate?

The rate of Corporation Tax payable depends mainly on the level of a company’s taxable...

Could company dividend rules be changing?

The Government has announced plans to consider major changes to the rules governing when companies...

Nearly 660 employers named for minimum wage failures

The Government has named nearly 660 employers for failing to pay workers the National Minimum...

Is your VAT control system strong enough?

A strong VAT control system should clearly identify who is responsible for VAT, document the...

Could company distribution rules change?

The tax rules concerning what constitutes a distribution for tax purposes have remained largely unchanged...

Predevelopment costs on major developments

Businesses planning major infrastructure and development projects should be aware of a new government consultation...

UK employers with overseas employees

UK employers with employees who normally work overseas may have PAYE and National Insurance obligations...