HMA ACCOUNTANTS

News

News

Rolling over capital gains

Rolling over capital gains can be an effective way for business owners to defer Capital...

Could you claim the Marriage Allowance

The Marriage Allowance applies to married couples and civil partners where one partner does not...

MTD for Income Tax – are you affected?

If you have not yet checked whether you need to use Making Tax Digital (MTD)...

VAT recovery on car leasing

The VAT treatment of car leasing is an important consideration for businesses that incurs VAT...

Cash flow challenges facing small businesses

Cash flow remains one of the most significant challenges facing small businesses in the UK...

Ways businesses can reduce fuel bills

Tensions in the Middle East have increased concerns about potential disruption to global oil supplies...

What are dividends and how are they taxed

A dividend is a distribution of a company’s profits to its shareholders. Companies may pay...

The Rent a Room Scheme

The Rent a Room Scheme is a set of special rules designed to help homeowners...

Tax if selling a second property

You may have to pay Capital Gains Tax (CGT) tax when you sell or dispose...

Tax on inherited property, money or shares

As a general rule, someone who inherits property, money or shares is not liable to...

How long should you keep your tax records

Following the deadline for submission of self-assessment tax returns for the 2024-25 tax year, it...

Estimate your Income Tax for the current tax year

If you are concerned by the continuing pressures on your take-home pay and need some...

Companies House blunder

A Companies House blunder has raised concerns after a flaw in the WebFiling service briefly...

When is a “self-employed” contractor a de facto employee?

The employment status of a former bricklayer was recently called into question in establishing liability...

Business solvency, why it matters

Business solvency refers to a company’s ability to meet its financial obligations as they fall...