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Naseems Accountants

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Naseems Accountants

Accountants in Birmingham. We specialise in tax advice, business planning, and accountancy services

Professional Tax & Accounting Services to Businesses and Individuals in Birmingham & Throughout the United Kingdom

For a FREE consultation or for more information

Please contact us -

📞 0121 771 4161
📩 [email protected]
🌎 www.naseems.co.uk

27/10/2026

💼 Looking for funding to start or grow your business?

From government-backed Start Up Loans and the Growth Guarantee Scheme to apprenticeship support, export finance and specialist industry funding, there are several options UK businesses may be able to explore in 2026/27.

The right option depends on your business, your plans and the scheme's eligibility criteria.

Read our guide to explore the available options and find the official application information. https://www.naseems.co.uk/uk-small-business-grants-funding-options-2026-27/

Need help preparing your business accounts or cash-flow forecasts? Contact Naseems Accountants.

📞 0121 771 4161
🌐 https://www.naseems.co.uk
📅 Book a free consultation

23/10/2026

🚀 UK businesses: Could your innovation qualify for security funding of up to £350,000?

UK Defence Innovation (UKDI) has launched Cycle 2 of its Security Open Call, introducing new focus areas for the Department for Transport.

The competition is seeking innovative technologies to improve transport security, detect threats and protect passengers and goods.

🔎 Areas of interest include:
✈️ Aviation baggage screening
📦 Explosive threat detection in complex freight
🛡️ Passenger and bag screening
🤖 Security sensors, automation and robotics

💷 Funding: Up to £350,000 for successful proposals.

📅 Stage 1 deadline: 12 noon GMT, 29 October 2026.

The competition uses a two-stage application process. Projects can run for up to 12 months, with an optional testing and trialling phase extending activity to 18 months.

If your business is considering an innovation project, remember to plan beyond the application itself. Budgeting, project cost tracking, cash flow and understanding the tax treatment of funding can all be important.

At Naseems Accountants, we help businesses strengthen their bookkeeping, financial planning and tax processes as they grow.

📩 Speak to our team about your business accounting needs and book your FREE 30-minute consultation.

🔗 Read the official competition guidance:
https://www.gov.uk/government/publications/competition-document-ukdi-security-open-call-2026-cycle-2

Funding is subject to the competition's eligibility criteria and assessment process.

22/10/2026

Received an HMRC savings tax letter? Here’s what you need to know. 💷

If you’ve earned interest on your savings, you may receive a letter from HMRC explaining that tax could be due. But why does this happen, and what should you do next?

In our latest guide, we explain:
✅ Why HMRC sends savings tax letters
✅ How the Personal Savings Allowance works
✅ When savings interest may be taxable
✅ What steps to take if you receive a letter

Don’t ignore an HMRC letter or assume you owe tax without checking the details.

👉 Read our full guide to understand your position and the next steps: https://www.naseems.co.uk/hmrc-savings-tax-letters/

Need help understanding your tax position? Contact Naseems Chartered Certified Accountants for professional guidance.

📞 0121 771 4161
🌐 www.naseems.co.uk

20/10/2026

💷 Late payments can hurt your business more than you think.

For SMEs, unpaid invoices can make it difficult to cover wages, supplier bills and everyday operating costs, even when sales are strong.

The solution starts with a consistent invoicing and credit control strategy.

✅ Agree payment terms before work begins.
✅ Send invoices promptly and ensure they are accurate.
✅ Offer convenient ways for customers to pay.
✅ Consider credit checks, deposits and staged payments.
✅ Automate reminders and follow up quickly when payments are overdue.
✅ Maintain good customer relationships while enforcing your payment terms consistently.

Remember, a sale isn't the same as cash in the bank. Monitoring outstanding invoices and forecasting when money will arrive can help you make better business decisions.

At Naseems Accountants, we help businesses improve their bookkeeping, monitor cash flow and build better financial processes.

📩 Need help getting your invoicing and cash flow under control?

📅 Book your FREE 30-minute consultation with Naseems Accountants today.

12/10/2026

📢 Struggling to get clear answers from HMRC? You’re not alone.

The latest Administrative Burdens Advisory Board (ABAB) survey highlights ongoing concerns about HMRC communications and customer service.

📞 55% rated HMRC’s telephone service as poor.

💬 46% rated its webchat service as poor.

🏢 72% of respondents who had started a business in the previous 12 months said HMRC guidance did not help them complete their task.

🤖 The survey also found that 32.4% had used generative AI tools for tax queries, up from 10.9% in 2025.

AI can be useful for understanding tax terminology, but it can also provide incorrect or incomplete information. Before making a tax decision, verify the guidance and make sure it applies to your circumstances.

At Naseems Accountants, we help businesses navigate their accounting and tax responsibilities, including Corporation Tax, VAT, payroll, bookkeeping and HMRC compliance.

✅ Need help understanding HMRC guidance or managing your tax obligations?

📩 Contact Naseems Accountants to discuss your requirements.

📅 Book your FREE 30-minute consultation today.

06/10/2026

📢 UK company reporting could be changing

The government has launched a consultation proposing a major modernisation of the corporate reporting framework.

The aim is to make reporting clearer, simpler and more proportionate — particularly for smaller and medium-sized businesses.

Some of the proposals include:

🔹 Extending audit exemptions to certain medium-sized companies
🔹 Simplifying the range of accounting standards available
🔹 Tightening reporting requirements for micro-entities
🔹 Replacing complex distributable profits rules with a solvency-based approach
🔹 Simplifying corporate governance and remuneration reporting
🔹 Increasing the use of digital communications

One particularly important proposal would require companies to make a statement that a dividend will not affect the company's ability to continue as a going concern.

⚠️ These are consultation proposals, not rules that have already changed.

The consultation closes on 30 November 2026.

For company directors, staying informed now can help you prepare for potential changes to your accounts, reporting and dividend processes.

At Naseems Accountants, we support UK businesses with:

🏢 Company accounts
💷 Corporation Tax
📊 Management accounts
📋 Companies House compliance
💰 Director tax & dividend planning

📞 Book your FREE 30-minute consultation today.

30/09/2026

📅 New HMRC tool helps small businesses keep track of tax deadlines

Keeping on top of tax deadlines can be difficult when you're managing the day-to-day running of your business.

HMRC has introduced a new online tool that allows businesses to check filing and payment deadlines for:

🔹 VAT
🔹 PAYE
🔹 Self Assessment
🔹 Construction Industry Scheme (CIS)

You don't need to sign in, and the information you enter isn't sent to HMRC.

The tool can also integrate with most calendar applications, helping you keep important dates in one place.

However, every business is different, and you may have additional or more complex tax obligations to consider.

Not sure which deadlines apply to your business?

Naseems Accountants can help you understand your tax and reporting responsibilities and stay on top of your deadlines.

📞 Book your FREE 30-minute consultation today. https://www.naseems.co.uk/

21/09/2026

🚨 Directors of close companies, HMRC has clarified the Self Assessment reporting requirements.

From 2025/26 onwards, directors who are required to complete a Self Assessment tax return may need to provide additional information about close companies.

This can include:

🏢 The company's name
🔢 Registered number
💷 Dividends received
📊 Shareholding percentage

And there's an important detail many directors could overlook.

You may still need to complete the relevant boxes even if you're unpaid or have zero shares in the company.

Directors of dormant close companies may also need to complete the boxes. Where there is no dividend income or shareholding, 0 may need to be entered in the appropriate boxes.

HMRC has also clarified an exception for certain directors of registered charities and Community Interest Companies where the relevant income or distributions haven't been received or become due.

⚠️ HMRC has highlighted that a £60 penalty may apply if the close-company boxes are completed incorrectly.

If you're a director and aren't sure whether these requirements apply to you, getting the position checked before submitting your Self Assessment return could help avoid mistakes.

At Naseems Accountants, we can support you with Self Assessment, director tax planning, dividend and salary planning, and limited company accounts.

📞 Book your FREE 30-minute consultation today.

17/09/2026

💷 Retirement doesn't necessarily mean your income is tax-free.

When you retire, you could receive income from several different sources, your State Pension, workplace or private pensions, savings and investments, rental property or even self-employment.

Understanding how these income sources fit together is important because your overall taxable income determines your Income Tax position.

And remember: your State Pension is normally paid without tax being deducted, but it can still count towards your taxable income.

Depending on your circumstances, HMRC may collect any tax due through a workplace or private pension, Simple Assessment or Self Assessment.

The key is to understand your income before tax becomes a surprise.

At Naseems Accountants, we can help you understand your personal tax position and plan your affairs with greater confidence.

📞 Book your FREE 30-minute consultation today. https://www.naseems.co.uk/

15/09/2026

🚨 SMEs: cyber security isn't just an IT issue, it can become a financial issue too.

The National Cyber Security Centre is warning businesses about increasing attacks targeting Operational Technology (OT), the systems used to monitor, control and automate real-world processes.

For businesses using manufacturing, processing or other connected systems, an attack could mean more than compromised data. It could lead to operational disruption, downtime, lost revenue and unexpected recovery costs.

The NCSC recommends businesses take practical steps such as:

🔐 Identifying all internet-exposed systems
🔑 Changing default credentials
📱 Using MFA where supported
🌐 Separating OT and business networks
📊 Monitoring network activity
💾 Testing backups and recovery procedures

One point businesses shouldn't overlook: a backup isn't a recovery plan until you've tested that you can actually restore from it.

For SMEs, preparing for disruption also means understanding your cash flow, payroll commitments and ongoing financial obligations.

At Naseems Accountants, we help businesses stay financially organised with bookkeeping, payroll, management accounts, VAT, Corporation Tax and business support.

📞 Book your FREE 30-minute consultation today.
https://www.naseems.co.uk/

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Address

104 Stoney Lane, Sparkbrook
Birmingham
B128AF

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

http://www.naseems.co.uk/

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