FOR IMMEDIATE RELEASE 2020-05-05 Chancellor Announces Further Financial Aid for Hard Hit Businesses Small businesses were handed a lifeline on Monday when the Chancellor, Rishi Sunak announced a new microloan scheme, ensuring that companies could get access to much-needed funds. Small firms are now able to access 100% taxpayer-backed loans of up to £50,000. The… Read more…
FOR IMMEDIATE RELEASE 2020-03-13 Budget offers welcome relief amid COVID-19, says leading accountant Chancellor Rishi Sunak announced a raft of measures designed to help businesses and individuals amid the coronavirus outbreak. Key initiatives include: Business rate discount extension – small businesses won’t have to pay any rates for 2020-2021. There are also new grants… Read more…
FOR IMMEDIATE RELEASE 2020-03-12 Review off-payroll workers now, urges leading accountant Birmingham-based Salhan Accountants today urges employers to step up preparation for changes to off-payroll working rules, also known as IR35. From 6 April 2020, medium and large organisations will have new compliance obligations. These relate to individual off-payroll workers (or contractors) who provide… Read more…
As of last week, the UK is no longer part of the European Union: however, despite months of headlines, multiple forecasts, and mounting uncertainty, it feels for many that it was a blink-and-you-miss-it moment. Leading finance firm, Salhan Accountants, is warning businesses that this may well be the calm before the storm, and failure to… Read more…
Dr Anjulika Salhan, a Director at award-winning practice, Salhan Accountants, has been named the winner at the prestigious English Women’s Awards 2019. Now in its second year, the English Women’s Awards celebrates the country’s leading female pioneers in a number of fields. The glamorous event, which celebrates major female successes, took place in Birmingham’s Holiday… Read more…
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…
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