Running a business can be a challenging process, with so many moving parts to keep track of. This can be particularly true for small business owners, who tend to have fewer resources and sometimes less experience. Often it’s the financial aspects of business ownership which can be the most problematic- one such aspect being payroll.… Read more…

Salhan Accountants are very pleased to announce that they are providing all their U-Deliver customers with a complimentary bank account that surpasses initial impressions. It is designed specifically with sole traders in mind and provides much more than a traditional business bank account. Free Banking! After extensive research into what small business people really need… Read more…

Businesses face many challenges throughout the year but the end of the tax season can be particularly busy. This is when one tax year ends and the next begins and it involves a whole host of deadlines, regulations and changes. Of course, the end of the tax year is when many business owners and sole… Read more…

Salhan Accountants are delighted to announce the acquisition of M.D. McFerran & Co Ltd. We warmly welcome them to the Salhan team along with the clients they bring with them. M.D. McFerran & Co Ltd have spent many years serving small and medium sized businesses with a wide range of accounting services. We are greatly… Read more…

The Construction Industry Scheme or CIS is a UK based tax-deduction scheme, introduced by HMRC in 1971. The scheme was launched to combat the often-rampant tax evasion in the construction industry. The CIS concerns payments from contractors to sub-contactors but only if the sub-contractor is self-employed. The idea behind the scheme is that tax is… Read more…

As the name suggests, cashflow refers to the movement of money in and out of a business. The goal is to ensure that what is coming in, exceeds what’s going out, or at the very least equals it. Incomings include sales, credit and investment, whereas outgoings refer to the overall cost of running the company.… Read more…

Whether you’re self-employed or own a limited company, taxes are necessary for every business. However, the process can be complex and stressful, particularly for those who are just starting out. One of the more intimidating aspects of taxation is the potential for a compliance check from HMRC. Compliance checks are investigations, which can be triggered… Read more…

Owning your own business can offer unique advantages and freedoms but also a greater degree of responsibility. One of the main responsibilities that business owners face is taxation. Paying the correct taxes, in full and on time is necessary in order to comply with the law. However, the tax system can be complicated, particularly for… Read more…

We are very proud to announce that we are celebrating our 20th Birthday on 7th October 2022! From the very beginning it has been our vision to serve other businesses, by offering our expertise to help them flourish. Along the way it has been a great satisfaction to work with our clients, to watch them… Read more…

Chancellor reveals his plan for growth The week leading up to Chancellor Kwasi Kwarteng’s ‘Mini Budget’ may have been a short one due to the Queen’s funeral but the new government managed to fill it with a stream of policy announcements. Before Mr Kwarteng stood up to make his statement on ‘The Growth Plan’ much… Read more…