by Shoaib Aslam | Apr 7, 2021 | Financial Advice, Small Business Advice, Startup Advice, Tax
As part of the Chancellor’s Budget 2021 announcement, a new “super-deduction” capital allowance scheme was announced. This means that companies will be able to claim 130% capital allowances on qualifying plant and machinery investments purchased between 1 April 2021... 
by Shoaib Aslam | Mar 31, 2021 | Accounting, Financial Advice, Small Business Advice, Tax
This article is intended to provide information and a general understanding. It should not be considered financial or legal advice. Please consult with your accountant regarding your particular VAT scenario to ensure you are in compliance with all the latest VAT... 
by Shoaib Aslam | Jan 12, 2021 | Accounting, Financial Advice, Small Business Advice, Tax
Brits were devastated on Monday night as Number 10 announced an unprecedented third national lockdown, including the mass closure of schools, universities (with only a few exceptions), “non-essential” shops, leisure venues, entertainment venues, pubs, and restaurants.... 
by Shoaib Aslam | Jan 7, 2021 | Accounting, Financial Advice, Small Business Advice, Startup Advice, Tax
An enormous number of accountants and accounting firms operate in London. Sadly, too many people make one of two mistakes when choosing an accountant in London: Thinking that an expensive accountant is a better accountantGoing for the cheapest accountant without... 
by Shoaib Aslam | Dec 27, 2020 | Accounting, Financial Advice, Small Business Advice, Startup Advice, Tax
Unfortunately, tax investigations by HMRC are far more common than people might expect. In 2010, HMRC installed a new AI and data-mining tool called Connect, which was designed specifically to combat tax evasion and fraud. Unfortunately, this can sometimes lead to... 
by Shoaib Aslam | Dec 17, 2020 | Financial Advice, Small Business Advice, Startup Advice, Tax
If you have employees, or even if you just want to pay yourself in your limited company, you need to run payroll before disbursing any money. Running payroll before the boom of digital services was usually an overwhelming, time-consuming monthly process. This is true...
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