Award-winning firm Salhan Accountants says that families across the Midlands need to put preparations in place to mitigate Inheritance Tax (IHT) in future years. Their warning comes after HM Revenue & Customs (HMRC) revealed that last year more estates than ever were hit by IHT. According to HMRC figures, an additional £5.4 billion was raised… Read more…

Dr Anjulika Salhan, a Director at award-winning practice, Salhan Accountants, has been named as a finalist at prestigious English Women’s Awards. Now in its second year, the English Women’s Awards celebrates the country’s leading female pioneers in a number of fields. Anjulika was selected via a public vote for the Accounting and Finance Award category… Read more…

Award-winning Midlands firm, Salhan Accountants has issued a warning to landlords, and those looking to sell second homes to prepare for changes to taxation that could result in them facing a big tax bill. From April next year, the way in which gains are taxed on some properties means that taxpayers will have only 30… Read more…

Multi-award-winning accountancy firm, Salhan Accountants, has said that recent research suggests a lack of understanding about VAT amongst SMEs is leading to errors and potential fines. The firm has pointed out a new study by online accounting specialist QuickBooks, which showed that 51 per cent of small business owners have made mistakes when completing their… Read more…

Prominent Midlands accountancy firm, Salhan Accountants, is warning businesses to be wary of the dangers of not updating their payroll regularly. In the last few months, businesses have had to deal with significant changes to the National Minimum and Living Wage, contributions to workplace pensions and new rules relating to employee wage slips. Salhan Accountants… Read more…

It was recently revealed that HM Revenue & Customs (HMRC) had launched 1,007 prosecutions against individuals for tax evasion offences last year. With so many prosecutions being launched against individuals for the most serious offences, award-winning firm Salhan Accountants fear many more could be at risk of similar or lesser offences that could land them… Read more…

Award-winning Midlands accountancy firm, Salhan Accountants, is warning the owners of restaurants and takeaways that official data suggests that they may be a target for the tax man. Of those businesses named and shamed by HM Revenue & Customs over their tax affairs in the last year, 26 per cent were from this sector and… Read more…

A number of operators within the gig economy have announced that they are changing the benefits that they offer to their contractors in light of a number of cases regarding employment status. However, Midlands-based accountancy firm, Salhan Accountants, fears that drivers may get caught out when completing and returning their tax affairs if they fail… Read more…

One of the Midlands’ leading firms of accountants, Salhan Accountants, has criticised the Chancellor’s Spring Statement for failing to deliver anything meaningful to small businesses. Salhan Accountants said that few businesses expected Philip Hammond to pull any rabbits out of his hat, but that the lack of any assistance to small businesses was disappointing against… Read more…

Award-winning accountancy firm and haulage specialists, Salhan Accountants, is encouraging businesses in the sector to conduct a thorough review of their financial pinch points ahead of the UK’s departure from the EU. With the prospect of a no deal Brexit growing, Salhan Accountants is worried that some hauliers and logistics firms may be too exposed… Read more…