Optima News

What are your business goals for the year ahead? The beginning of a new calendar year is an excellent time to review the year just...

HM Revenue & Customs (HMRC) is about to update and change its penalty regime – and these new penalties could affect your tax submissions...

It’s tough going for business owners this winter. With the labour market tight, businesses are understaffed, costs have gone up and...

You might be aware of Making Tax Digital already. It’s the UK Government’s initiative for digitising and streamlining the tax return...

Wouldn’t it be great to have your best year ever in 2023? Whether you want to grow your business or take more time for yourself, these...

We always aim to keep you up to date with the most pressing dates and deadlines for your business diary. To help you get prepared and on...

The inheritance tax (IHT) threshold has been frozen at the April 2009 amount of £325,000 for a further two years to April 2028. Because...

We wish you a very happy Christmas and well deserved end-of-year break. It has been another challenging year for our clients. We hope you...

Goodwill in accounting refers to the intangible value that a company can hold, above and beyond the pure financial value of its assets....

It's important to be aware of new technology that could help your efficiency in any business. We're used to companies using cloud...

We live in a digital world where our company’s data and (crucially) our customers’ data is under constant attack. Hackers are always...

It’s difficult to make your business stand out from the crowd, especially in the 21st century digital environment where businesses large...

The purpose of a business is to make money, and that means you need to know the difference between profit and cash flow. Net profit is...

Exiting your business is a big commitment. You’re leaving behind everything you’ve built up, so it’s vital that you have a plan of action...

Maybe it’s been an extremely busy month. Maybe you’ve just run out of time. Whatever the reason, if you need to arrange a last-minute...

Giving occasional gifts to your staff is a great way to keep them engaged and motivated. But how much can you give before these gifts...

Do you need to manage expenses for your business and team? Digital credit cards have been around for some years but have recently grown...

This year’s Autumn Statement was highly anticipated – particularly given the financial chaos that followed the disastrous ‘mini budget...

Your company is insolvent when it can’t pay the amounts it owes. This can mean that the liabilities (things you owe) on your business...

The Chancellor of the Exchequer, Jeremy Hunt, delivered his Autumn Statement on 17 November 2022. The £30bn cost of his predecessor's...