Rishi Sunak, delivered his Spring Statement 2022 on Wednesday 23 March. Here is a summary of the main announcements. National Insurance Contributions (NICs) Despite lobbying to delay the upcoming 1.25% increase in NICs payable by employees, employers and the self-employed, the government... read more

No-one wants to pay a Self Assessment penalty for filing their tax return late. However, today, HMRC has announced an extension to the Self Assessment penalty deadline for 2022. However there are details to be aware of before rejoicing! Interest will... read more

January tax payments are due There are two significant tax payments with deadlines this month. If they apply to you then be sure not to miss them! 1 January 2022 – Companies with a 31 March 2021 year end date will... read more

Tax Return Advisors of the Year 2021 – London are HFM Tax & Accounts   Acquisition International Magazine has announced the winners of the 2020 Worldwide Finance Awards and HFM are the Tax Return Advisors of the Year 2021. Acquisition International launched... read more

The Government has announced an additional Omnicron business support package for business most affected by the Omicron variant of Covid 19. Some summary details are below. Additional Omnicron Business Support Measures Businesses in the hospitality and leisure sectors in England will... read more

Christmas gifts for staff can be made tax-efficiently if you follow the rules carefully. Here are the main issues: Annual Party There is a tax-free allowance for the provision of an annual party or other event for the benefit of staff and... read more

Last month the annual Unbiased Trusted Professional Awards were announced and once again HFM was successful. In fact, we swept the board, members of our team taking first, second and third places. John Galvin was the overall winner - the... read more