Client Testimonials

We believe our specialist skills and knowledge are what sets us apart from other accountancy firms and makes us a practice of choice for other accountancy and legal firms seeking specific expertise. We have a proven track record in assisting clients to reach successful outcomes in a range of specialist areas.

Bankruptcy

After Mr A was released from a two-year prison term imposed for smuggling alcohol and tobacco, he was issued with a bankruptcy order in the sum of approximately £250,000. We contested this on his behalf and HM Revenue & Customs (HMRC) subsequently accepted defeat.

Business disputes

Mr B was offered £1 for his share in a loss-making company, a figure suggested by another firm of chartered accountants. We were instructed to negotiate on his behalf, achieving a sum in excess of £40,000.

Business litigation

"I have used the services of Mr Madan Salhan in connection with a partnership dispute with a former partner of mine. Mr Salhan was instrumental in discovering errors in the reports of two chartered accountants, and as a result, we were able to show that a tax computation calculated by them was wrong.

“Mr Salhan’s argument was so persuasive that my former partner accepted the substantial error when this matter went to the Court of Appeal.

“In the practice of which I am head of the criminal law department, we use a number of experts and I have no hesitation in recommending Mr Madan Salhan as an expert in accountancy."
WT Garsia, solicitor

Consumer credit

An expert maths report produced by Dr Anjulika Salhan relating to a loan agreement enabled law firm A to settle a consumer credit case out of court for £15,000.

Law firm B was not allowed by the court to bring consumer credit test cases. An expert maths report produced by Dr Salhan assisted the firm in bringing these cases to court.

Employed v self-employed

HMRC are clamping down on construction companies and subcontractors, challenging their status.

A subcontractor failed to keep records for two years. The tax at stake was approximately £25,000 for those two years but with our intervention, the matter was settled for £7,900 and we achieved an agreement that HMRC would give the client two years to pay the outstanding tax and would not investigate any earlier years.

We have also advised in another matter in which the tax at stake exceeded £500,000.

Inheritance tax

We have advised many clients, including clients with very substantial estates, in minimising inheritance tax through tax planning, including the use of trusts.

Tax investigations

Mr S was referred to us by another chartered accountancy firm that was unable to help him. He had failed to disclose rental income from several properties for several years and HMRC was seeking tax, interest and penalties totalling £187,000. Within three months, we negotiated a full and final contract settlement of £47,000.

Tax planning

Mr E contacted us to arrange a review meeting. After informing Mr E and his colleagues that we believed his previous chartered accountant had been negligent, we were instructed to carry out the necessary work.

Within eight weeks, we were able to show that a tax planning opportunity had been missed when the previous adviser failed to value goodwill that we valued at £290,000, a figure accepted by HMRC. This resulted in the taxpayers receiving approximately £250,000 tax-free.

VAT

Mr D sought help from several accountancy firms after his first consignment of diamonds became subject to an extended verification by HMRC. This caused financial difficulties as he had borrowed money within his family to start his business.

After subsequently approaching Salhan Accountants, HMRC were ordered to pay Mr D’s costs at a preliminary hearing. A day before the main hearing, HMRC wrote to Salhan Accountants confirming that they would repay Mr D’s full input VAT and his costs and subsequently paid £17,500 in costs to Salhan Accountants Limited.

Wills

Mr L thought that his affairs were in order because he had already made a will but after seeking our advice, he found that his existing will would have caused difficulties for his children, which is what he had sought to avoid. The solution we recommended quickly resolved the problem.

To find out more about how we can help you, please contact Salhan Accountants in Edgbaston, Birmingham.