Interested in growing your business?

Watch our free video to find out how. At Salhan Accountants, our multi award-winning tax and business advisors are committed to helping our clients to achieve their business goals – and we want to share our knowledge and business know-how with you. Our team have put together a free video about how Salhan Accountants can help your business to achieve… Read more…

Huge fines for employers stalling workplace pensions

Around 800,000 small businesses are yet to enrol into the Government’s flagship pension scheme, new figures have revealed. The Pensions Regulator, which published the report, said nearly eight million employees are now saving into a workplace pension, but thousands of employers remain non-compliant. Launched in October 2012, “auto-enrolment” requires all employers – no matter if… Read more…

Opposing HMRC penalties on grounds of ‘reasonable excuse’

Recent reports have shed light on some of the most unusual cases where self-assessment taxpayers have managed to successfully appeal late filing and late payment penalties issued by HM Revenue & Customs (HMRC). In one instance, a taxpayer named Magdalena Trzcińska successfully appealed a late filing penalty thanks to a well looked-after ‘signed for’ Post… Read more…

The Inheritance Tax main residence additional nil-rate band

A new additional nil-rate band of £100,000 for Inheritance Tax (IHT) on main residences, when bequeathed to a direct descendent, came into effect at the start of the new tax year in April 2017. In 2018, 2019 and 2020, this will rise to £125,000, £150,000 and £175,000 respectively, before rising in line with Consumer Prices… Read more…