Inheritance Tax (IHT) remains one of the most talked-about parts of the UK tax system. Rising asset values and frozen
The Pros and Cons of Registering as a Charity
Registering as a charity can bestow significant advantages, both in terms of tax benefits and public trust. However, it’s essential
Strategic Tax Planning Guide for the UK Financial Year 2024/2025
As the new financial year commences in the United Kingdom on April 6th, 2024, taxpayers are presented with a fresh
Reporting Capital Gains Tax on disposals of UK residential property
Capital Gains are the profits arising on the sale or disposal or something that has increased in value in the
Electric Cars – Tax Benefits
So, how are electric cars taxed? There are two angles we will look at this from, firstly from the point
How can you use your personal tax account?
Do you know how to effectively use your personal tax account? You can use it to check your records and
What is cloud accounting ?
Cloud accounting has revolutionized the way businesses handle their financial management. With the rise of cloud-based accounting software, businesses can
Spring budget 2023: what do you need to know?
Chancellor, Jeremy Hunt, delivered us his spring budget on 15th March, a budget that pledges to ‘tackle the two biggest
What we do at CMA
CMA Accountancy is a reputable firm of chartered accountants and business advisors based in the UK. They provide a wide
Capital Gain Tax
As a taxpayer, you may be familiar with the term “capital gains tax” (CGT), but do you know what it