Many of our clients have been using the HFM Tax App as an easy way to check tax rates, run calculations and keep up to date with news that affect the money left in their pockets. It's simple, easy to... read more

The Chancellor's July Budget Statement announced good news and bad news on dividends. The nominal 10% tax credit on dividends has now gone and there is a £5,000 dividend tax allowance which means that no tax will be paid on... read more

  Online Accounting Imagine a future in which you dealt with your receipts by taking a photo on your phone, or one in which all your business records were available online 24/7. Well, that world has already arrived and you can enjoy... read more

Do you need time to pay your tax bill? It happens to everyone but many people don't know that HMRC have a Payment Support Service who will consider reasonable offers to pay.  HMRC will charge interest on any deferred tax... read more

HMRC have just published their top ten worst tax return excuses which have all, believe it or not, been used in appeals against a late filing penalty... My tax papers were left in the shed and the rat ate them ... read more

2016/2017 brings a mass of changes to Payroll, from the introduction of Scottish Tax to the easement of Micro employers allowance. Its a year of change so here is a brief summary of some of what this year brings. The suffixes... read more

It's now too late to file your 2014/2015 personal tax return before the January 31st deadline so there's no longer any rush to get it done, right? Actually, wrong, on several counts and potentially a very expensive mistake, so don't... read more