Hasan

Chartered Accountant/CFO. Providing business owners with clarity, confidence, and control over their finances.

[Hasan @hasanaccountant]

@nwldn Edward Harris Chartered Certified Accountants

[Hasan @hasanaccountant]

@eladvisory Absolutely

[Hasan @hasanaccountant]

Lending money to your own company isn’t just support, it can also save tax.

A director I worked with put £50k of personal funds into their business to cover growth costs. They thought it was just “helping the company out.” What they didn’t realise was that they could charge their company interest on that loan.

�� The company can deduct the interest from profits, reducing its Corporation Tax bill.
✅ The director earns interest personally, just like if the money was in a savings account.
⚠️ If the loan runs for more than a year, the company must deduct basic rate tax from the interest and report it on form CT61.

They’d been missing out on a simple, legitimate benefit all because they didn’t know the rules.

If you’re lending money to your business, don’t just transfer the cash. Set it up properly; charge a fair interest rate, and document it. Done right, it helps both you and your company save tax.

#director #tax #newbusinessowner #taxrelief

[Hasan @hasanaccountant]

@AdamSimmo73 Hi Adam, I hope you’re well. I’m based in Manchester but provide a pro-active and personalised service to all my clients.

[Hasan @hasanaccountant]

Here's how to stop losing money on your construction projects!

Most projects don't lose money because of one huge mistake,
It's usually dozens of small things that nobody notices at the time.

A few extra hours on site.
Materials costing more than expected.
A bit of rework.

By the end of the project, thousands of pounds of profit have disappeared.
And you're left scratching your head wondering why there's less money in the bank than you expected.

The best contractors are the ones who spot these small issues early before they become expensive mistakes.

Don't wait until the end of the project to review the numbers.
Track your costs, variations, and labour throughout the job.

Once the project is finished, the profit you've lost is almost impossible to recover.

#construction #finance #profit #cashflow #accounting

[Hasan @hasanaccountant]

What's worse than losing money on a construction project?
Not knowing you're losing money until it's finished.

I speak to contractors all the time who think a job is going well, But when they finally sit down and review the numbers at the end of the project, they discover the profit isn't what they expected.

Labour costs were higher.
Materials cost more than budgeted.
A few variations never got charged.

When I ask do you have a WIP report the answer is no!

A WIP report tells you which jobs are making money, which jobs are losing money, and whether you're ahead or behind on billing.
Instead of finding out there's a problem when the job is finished, you find out while there's still time to do something about it.

Comment WIP for free copy of a WIP report.

#construction #profit #accounting #constructionaccountant

[Hasan @hasanaccountant]

I love that they still advertise movies on buses and bus stops.

[Hasan @hasanaccountant]

Mortgage interest could be the difference between profit and pain for landlords.

Here’s why the way you hold residential property matters:
🔹 Personally (in your own name):
Residential landlords only get basic rate relief (20%) on mortgage interest.
That means higher rate taxpayers can’t fully offset finance costs against rental income.

🔹 Through a company:
All finance costs, including mortgage interest, are fully deductible against rental income.
No restrictions. No basic rate cap.

I’ve seen landlords with the same rental income pay wildly different tax bills purely because of structure.

If finance costs are a big part of your rental business, holding property through a company can be far more tax efficient than owning personally. The right structure protects both your profit and your cash flow.

#tax #propertyrental #residentialproperty

[Hasan @hasanaccountant]

Two landlords. Same rent. Very different tax bills.

How you hold property, personally or through a company can make a huge difference to what you take home.

I spoke to two landlords, each earning the same rental profits. One held property personally and paid Income Tax at higher rates, with profits taxed alongside their other income.

The other held property through a company, paying Corporation Tax at 19% (rising to 25% depending on profits). The difference in their annual tax bill was thousands of pounds.

Structure matters. Before buying your next property, think carefully about whether to hold it in your own name or through a company. The wrong decision could cost you every year.

[Hasan @hasanaccountant]

Congratulations to everyone who has taken the leap and launched a new business this year. 🎉
It’s no small decision. Running a business is exciting, but it’s also challenging.

The last thing you want is to pay more tax than you need to or find yourself in financial difficulty with HMRC because the numbers weren’t managed properly.

Here’s a sobering fact: around 20% of new businesses in the UK fail within their first year, and roughly 60% close within three years. One of the biggest reasons? Poor financial planning and cash flow management.

That’s why proactive tax planning is essential from day one. It’s not just about staying compliant, it’s about keeping more of your hard earned profit, planning ahead, and giving your business the best chance to grow.

As an accountant, I work closely with new business owners to:
✅ Maximise profits
✅ Reduce tax payable
✅ Build financial systems that support growth, not stress

If you’ve just launched, now is the time to set the right foundations.

#tax
#newbusinessowner
#accountant

[Hasan @hasanaccountant]

If you’re running your business from home, you could be missing out on tax savings.

I recently started working with a company director who spent most of his week working from his home office but never claimed a penny back.

He didn’t realise he could either reclaim part of his household bills or charge the company rent for using his space. Both options are perfectly legitimate if done properly.

Don’t let home working costs eat into your profits. Reclaim your share of bills or set up a rent agreement, your home can be a tax efficient workspace.

#tax #homeworking #director #newbusiness

[Hasan @hasanaccountant]

Construction is one of the few industries where a year-end accountant just isn’t enough.

Not because accountants aren’t good at what they do, but because construction businesses don’t fail at year end.

They fail during the year.

Margins shift mid-project.
Costs rise after the quote is signed.
Cash goes out weeks before invoices go in.
Under-billing quietly builds up.
One delayed payment creates a chain reaction.

By the time year-end accounts land, the damage is already done, and the accounts only tell you what happened, not what’s about to happen.

Construction needs numbers that are watched while the work is live:
– job margins
– billing vs work completed
– cash coming in vs cash going out
– WIP and retention
– VAT and tax building up in the background

If you want to grow and sleep at night, the finance side can’t be something you look at once a year.
#construction #finance #cfo #accountant #edwardharris

[Hasan @hasanaccountant]

Are you looking for an accountant who actually cares about your business?

I’ve spoken to so many business owners who say the same thing:
“Our accountant only calls us at year-end, and by then, it’s too late to do anything.”

That’s exactly what I set out to change.

I work closely with small and growing businesses to help them:
💡 Keep more of what they earn through smart tax planning
📊 Understand their numbers, not just once a year, but all year round
💬 Make confident financial decisions with clear, proactive advice
⚙️ Get fast support (no chasing, no waiting weeks for replies)

Whether you’re a new startup finding your feet or an established business ready to grow, the right accountant can make all the difference.

If you’re looking for an accountant who’ll treat your business like their own, who’s proactive, approachable, and focused on helping you build profit and peace of mind, I’d love to chat.

Drop me a message or comment below and let’s see how we can help you move your business forward.

#businessowner #lookingaccountant #recommendaccuntant #edwardharris

[Hasan @hasanaccountant]

Are you looking for an accountant? Read this first.
If you’re just starting out, or you’ve outgrown your current accountant, choosing the right one can make a huge difference, not just at tax time, but every single month.

Here’s what I tell business owners to look for:
✅ Proactive communication- You shouldn’t be chasing your accountant for answers. They should be ahead of you, spotting opportunities and warning you about risks early.

✅ Real business insight- Your accountant should be able do more than file your accounts. They should help you understand your numbers, plan cash flow, and grow profitably.

✅ Fast response times- If you send an email, you shouldn’t wait two weeks for a reply. Business moves fast, your accountant should too.

✅ A partner, not just a service- You want someone who genuinely cares about your success, not just your submissions.

Too many business owners tell me,
“We’re only a small client, our accountant doesn’t care about us.”
That’s unacceptable.

Every business deserves expert support, no matter the size.

If you’re looking for an accountant who will treat your business like their own, proactive, responsive, and focused on helping you grow, let’s have a chat.

[Hasan @hasanaccountant]

😂😂

[Arslan @_ai_jedi]

I've tasted the 9-to-5. I've also tasted being a founder.

I highly recommend being born into generational wealth.

[Hasan @hasanaccountant]

If your accountant only checks in once a year, you’re missing out on tax saving and profit maximising opportunities.

I recently started working with a small construction firm. Their previous accountant only got in touch at year-end to file the accounts.

No advice on cash flow.
No guidance on how to improve margins.
By the time the accounts were done, all the big tax-saving opportunities were gone.

Now, we catch up monthly.
We forecast cash flow, review job profitability, and plan dividends before the year-end.

The result?
They’re saving money, managing cash better, and actually understand their numbers.

Don’t wait for year-end to hear from your accountant.
You deserve someone who helps you make decisions all year round, not just file paperwork.

#accountant #tax #businessowner

[Hasan @hasanaccountant]

🏡 Big news for landlords: property income tax is set to rise from April 2027.
If you earn rental income, this update matters. The government is proposing a separate set of tax rates specifically for property income, and they’re higher than the current ones.

Here’s what’s on the table from 6 April 2027:
🔸 Basic rate: 22%
🔸 Higher rate: 42%
���� Additional rate: 47%

These new rates would apply across England, Wales and Northern Ireland.
It means one thing:
📈 Landlords will pay more tax on rental profits, especially higher-rate investors.

Now is the time to start reviewing:
✔️ How your properties are structured (personal vs company)
✔️ Your mortgage interest position
✔️ Future rental profitability
✔️ Long-term tax planning

With rates rising and allowances shrinking, proactive planning will make a huge difference to your take-home pay.

💬 Landlords, what do you think of a separate, higher tax band just for property income? Fair or another squeeze on investors?

#landlords #tax #accountant

[Hasan @hasanaccountant]

Most HMRC fines don’t happen because someone was being reckless.
They happen because someone didn’t know.

I recently spoke to a business owner who missed their VAT registration threshold.

They’d been growing quickly.
Sales were flying.
They didn’t realise they’d crossed £90k.

By the time they registered, they owed backdated VAT, plus penalties and interest.

Not because they were dishonest.
Because no one was watching the numbers closely enough.

HMRC penalties are rarely about fraud.
They’re about poor systems.
When thresholds, deadlines and cash flow are tracked properly, fines become avoidable.

Ignorance is expensive.
Structure is cheaper.

#finance #business #accountant #hmrc #fines

[Hasan @hasanaccountant]

Most new directors aren’t taught how to pay themselves properly.
So they do what feels natural.

Money builds up in the business, they transfer some out.
Call it a dividend.
Take a bit more later.
No structure. No plan.

Then year-end comes.
They’ve either:
- Pushed themselves into a higher dividend tax band, or overdrawn their director’s loan account.

Now there’s an unexpected tax bill.
Not because the business failed.
Because the withdrawals were emotional, not strategic.

How you take money out of your company matters more than how much you earn.

Salary, and dividends should be planned.

Your extraction strategy should be deliberate.
Not reactive to what’s in the bank that week.

#tax #dividends #businessowner #accountant

[Hasan @hasanaccountant]

Top tax reliefs in 2026-27 for a business and its owner to consider include:
* Up to £10,500 employers’ National Insurance Contributions (NIC) relief via the Employment Allowance.
* Dividend allowance
* Up to £60,000 by employer pension contribution.
* Tax-free benefits
* Electric vehicles
* Home working allowances

Comment ‘TAX’ for a list of 37 tax free benefits

#business #tax #accoutant