HMA ACCOUNTANTS

News

News

Employee benefits: Are you creating tax problems without realising it?

Providing benefits and covering expenses for employees is a common part of running a business...

Could your savings generate a tax bill?

Most individuals can earn interest from their savings without incurring a tax liability thanks to...

Selling shares this year?

If you are selling shares or other investments, you may incur Capital Gains Tax (CGT)...

Have you overlooked this valuable capital allowance?

If you have invested in a new commercial building or carried out significant renovation work...

Are you claiming all your allowable business expenses?

If you are self-employed, claiming all of your allowable business expenses can reduce your taxable...

Where do we draw the line between free speech and racism?

The volatile boundary between workplace speech, belief, and discrimination was recently ignited in a case...

Tax Diary August/September 2026

1 August 2026 - Due date for Corporation Tax due for the year ended 31...

When did you last check your credit rating?

Many business owners regularly monitor their bank balance, sales and cash flow, but overlook another...

Company filing penalties you should avoid

Most company directors are aware that they must file annual accounts and a confirmation statement...

Child Benefit and the High Income Child Benefit Charge

The High Income Child Benefit Charge (HICBC) applies where an individual or their partner receives...

Avoid 60% Income Tax band

A ‘60% Income Tax band’ can arises when an individual’s income exceeds £100,000 in a...

Meaning of Carried Interest

Carried interest is essentially a share of the profits from an investment fund that is...

Construction Industry Scheme responsibilities

The Construction Industry Scheme (CIS) is used within the UK construction sector to help manage...

Don’t forget to pay your Class 1A NICs

Employers are reminded that Class 1A National Insurance contributions (NICs) for the 2025-26 tax year...

Meaning of Permanent Establishment

The term permanent establishment (PE) is an important tax concept for businesses that operate across...