HMA ACCOUNTANTS

News

News

Employers may now be personally liable for unfair dismissal claims

A recent ruling has increased the scope of statutory protection for whistleblowers to include covered...

Funding options for asset acquisition

Acquiring new assets is often essential for small businesses looking to grow, improve efficiency or...

Cash flow pressures

Cash flow remains one of the most pressing concerns for small businesses, even where trading...

Tax Diary January/February 2026

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

Expanding workplace benefits relief

From 6 April 2026, new tax rules will expand workplace benefits relief. The changes will...

IHT treatment of unused pension funds and death benefits

The 2027 reforms will shift more responsibility to personal representatives, who may need to manage...

Agricultural and business property relief changes

Agricultural and business property relief changes that were first announced at Autumn Budget 2024 will...

Winter Fuel Payment tax charge

The June 2025 reforms introduce a £35,000 income limit for keeping the Winter Fuel Payment...

VCT and EIS changes

The new rules will allow companies to raise more capital under the following schemes although...

Property and savings income subject to new tax rates

The government announced at Budget 2025 that dividend income, property and savings income, will be...

The value of an overhead audit

Many businesses regard their overheads as fixed, predictable, and largely outside their control. In reality...

Avoid over-stocking

Accountants often see the impact that excess stock has on a business long before the...

Who pays Income Tax in Scotland

The rules that govern who pays Income Tax in Scotland is determined by whether an...

Defer paying Class 1 National Insurance on a second job

Employees with a second job, third job or more may be able to defer or...

Work out your VAT fuel scale charge

VAT road fuel scale charges are fixed, standardised amounts that businesses must use to account...