More recent posts
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Five promotions in Leicester & Rugby
Magma Chartered Accountants has recently made five promotions across their Rugby and Leicester offices.
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HMRC invites taxpayers for a ‘chat’
If you have received a letter from HMRC inviting you to chat about your tax affairs, the advice from Magma is to speak first to your tax adviser.
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Senior Team Expansion
Magma Chartered Accountants and Business Advisers has strengthened its senior team following the appointment of Paul Pownall, as Head of Operations.
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UK M&A activity supposedly falls to seven-year low
M&A activity in the UK apparently fell to a seven-year low in the first half of 2023, as rising interest rates and economic uncertainty have reduced buyers’ overall…
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HMRC Offers Opportunity to Self-Report Offshore Assets
If you have recently received a letter from HMRC asking about your overseas assets, income, or gains, you are not alone. HMRC is receiving a vast amount of information about…
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Is Stamp Duty Land Tax anti-marriage?
Stamp Duty Land Tax (SDLT) is a tax that you pay when you buy a property in the UK. The amount of SDLT you pay depends on the…
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Home swapping holidays – beware of possible hidden tax
Home swapping is becoming an increasingly popular way to holiday – with the attraction of high-quality accommodation at a much-reduced cash cost. In the 2006 film, The Holiday,…
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HMRC Provides New Guidance on Corporation Tax Relief for Employee Share Awards
Employee share awards are a popular way for companies to attract and retain talent. However, the tax treatment of these awards can be complex. HMRC recently published new…
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New CGT Data Signals Potential Landlord Exodus
A new report has found that the number of landlords selling their properties has increased significantly in the past year. The report, which analysed data from HM Revenue…