We are pleased to announce that Magma have joined forces with Dains, to become part the Dains Group, bolstering our credentials into the next chapter of our exciting…

Festive Greetings from all at Magma Chartered Accountants. As Christmas fast approaches, we would like to extend warm wishes to all our clients and contacts who have supported…

As 2023 draws to a close, many employers will be looking for ways to reward their teams’ hard work. But how can you do that in a tax-efficient…

HMRC allow an easement where employers pay their employees early at Christmas. Read this article to find out how and when to report payments on the FPS if you pay your employees earlier than normal in December.

Magma is pleased to have advised the shareholders of Envirokey on their sale to leading international circular economy specialist, Reconomy.  Envirokey’s subsidiaries, Smart Comply – a packaging compliance…

In this summary we provide some details of the tax changes that have been announced that will be of interest to owner managed businesses, entrepreneurs and private clients.

On 26 October 2023 the Economic Crime and Corporate Transparency Bill received Royal Assent, becoming the Economic Crime and Corporate Transparency Act 2023 (ECCTA). The Bill brings stronger…

Whilst the proportion of family businesses that pass to the next generation remains on the decline, for those that do, Business Relief can provide up to 100% relief…

Magma has used refurbished office furniture from Office Resale as part of its commitment to sustainable operations.