Employee National Insurance thresholds set to change from July 2022
As of 6th July 2022, the Class 1 NIC threshold for employees will have parity with the income tax threshold, also known as the persona l...
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Optima
Jun 16, 20223 min read
Writing off an outstanding directors’ loan
Being able to borrow money from your business is one of the perks of being a company director. But many owners/directors will be coming...
Optima
Jun 14, 20222 min read
Weighing up a big investment in your business
Are you considering investing in a new way to make your business more productive or streamlined? With a tight labour market, everyone’s ...
Optima
Jun 7, 20222 min read
Corporation Tax Increase in 2023
In the 2021 Spring Budget an increase to the main rate of corporation tax was announced. This will take effect from 1 April 2023. The...
Optima
Jun 3, 20223 min read
Planning your filing and payment deadlines for the year
Managing your company deadlines needn’t be a huge chore. We’ll help you identify the key dates, so you can stay in control of your...
Optima
Jun 1, 20223 min read
Buying commercial property through a pension scheme
Owning your business premises through a pension scheme can be a highly tax-efficient way to invest in property. We’ll explain which...
Optima
May 23, 20222 min read
Could your business survive without you?
Would your business still thrive, or would it suffer a catastrophic failure if you suddenly stepped away? It’s tough to remove yourself...
Optima
May 19, 20223 min read
Making it easier to get paid
Making sure you get paid on time is crucial to your success. The process of making sales and generating revenue lies at the heart of any...
Optima
May 17, 20221 min read
Companies House Power Increase
The Government has announced measures to increase the powers of Companies House to tackle abuse of limited companies. Announced as part...
Optima
May 10, 20224 min read
Overhaul of capital allowances tax relief under review
The government has set out proposals to reform the capital allowances regime to encourage more business investment with a radical...
Optima
May 9, 20221 min read
SEISS grant overpayments
Recipients of the self-employment support scheme (SEISS) might have to repay some of the grant back to HMRC due to overpayments that were...
Optima
May 6, 20222 min read
Your Q2 2022 deadlines for the diary
As ever, we want to keep you on the ball with the latest dates and deadlines for your business diary. Get your online calendar fired up...
Optima
May 4, 20222 min read
Making use of the Marriage Allowance
When you decide to get married, tax planning is probably fairly low on your list of romantic requirements. But making use of the ...
Optima
May 3, 20223 min read
Taking out cash for Directors vs Sole Traders
Every business owner needs to take cash out of the business at some point. But if you’ve just moved from being a sole trader to a limited...
Optima
Apr 28, 20221 min read
Points don't make prizes!
As of 1st April 2022, HM Revenue & Customs will implement a new points-based penalty regime, applicable to Making Tax Digital (MTD) VAT...
Optima
Apr 20, 20221 min read
HMRC advise people to claim tax breaks
Many tax breaks continue to go unclaimed by people who are entitled to them. HMRC has launched a new guidance page on its website,...
Optima
Dec 8, 20211 min read
The Recovery Loan Scheme has been extended – are you eligible?
The Recovery Loan Scheme (RLS) has been extended until June 2022. We’ll help you gauge your eligibility and provide the financial...
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