The Government’s Plans for Growth

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…

What Powers do HMRC Have?

Every UK business owner will be familiar with HMRC and the often-stressful taxation process. Many believe that this system is too stringent and complicated but HMRC would argue that this is for an important reason – to prevent fraud. The vast majority of businesses will pay their taxes on time and without any problems but… Read more…

Choosing the right Business Premises

When choosing a business premises, there are so many factors to consider, many of which can be extremely important for long-term success. A business premises isn’t just a hub for the day to day running of the company, it’s also one big advertisement. Your place of work is often the first impression that you make… Read more…

Should I be registered for VAT?

VAT or value added tax is a form of taxation that is added to a product or service, at each point of sale. For example, when purchasing raw materials, when purchasing processed goods and finally at the point of sale to the customer, VAT is added. As the name suggests, this is a sales tax… Read more…

Do I Need a Forensic Accountant?

Forensic accounting is a specific branch of accountancy which deals in financial legalities. Whereas a standard accountant will work with taxes and expenses, forensic accountants often focus on fraud, financial crimes and conflict between parties. Accountants who specialise in this area are often needed in order to make sense of a complex financial system. Whether… Read more…

Am I Reporting my Payroll to HMRC Correctly?

Business owners and particularly those who employ staff, have many responsibilities to fulfil. Whether that be health and safety, duty of care, human resources, or in this case, the correct way in which to pay their employees and report this to HMRC. The process may seem complicated at first but thanks to tools such as… Read more…

Preparing your business for a Tax Inspection

Learning of an upcoming tax inspection is enough to strike fear in the heart of any business owner. Whilst some investigations are triggered at random, as a way for HMRC to ensure good practices, The vast majority happen due to some sort of discrepancy that is noticed within your tax return. Of course, it’s easy… Read more…

Xpert Technologies Launch

What’s your business goal for 2022? Whether it’s growing your sales, improving services or increasing efficiency, Xpert Technologies can help you get there. Our innovative software has been developed in partnership with Salhan Accountants and is completely free to their clients… no expensive licence fees here. Our objective is to help your business unlock the… Read more…

Should I Sell My Business?

The decision to sell a business can be life changing. In many cases, company owners will have dedicated countless hours and invested large amounts of money in the hope of creating a successful business. Therefore, letting go and moving on can be difficult but it can also offer many benefits. The important thing is to… Read more…