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HMRC late payment rates set to change
HMRC will be increasing the late payment rates for tax returns following the Bank of England's rise in interest rates. The Bank of...
Optima
Aug 12, 20221 min read


Should you move your rental properties into a limited company?
It’s not unusual for business owners to have existing residential property investments, or to want to invest in this area. But if you’re...
Optima
Aug 11, 20223 min read


Why are some expenses not allowed for tax?
As a business owner, you’ll be looking for every opportunity to claim back expenses and minimise your tax liability. But not everything ...
Optima
Jul 15, 20224 min read


Looking for business funding? We can help
Top tips for successfully securing funding for your business The key enabler for success for many startups and small businesses is ...
Optima
Jul 11, 20222 min read


Paying dividends the tax-efficient way
When your limited company makes a profit, you can choose to pay a percentage of that profit to your shareholders. This is known as a ...
Optima
Jul 8, 20222 min read


It’s time to submit your P11D forms
P11D submissions for the 2021/22 tax year are now due, together with payment of any associated National Insurance (NI) that’s due. The...
Optima
Jul 6, 20222 min read


Your Q3 2022 deadlines for the diary
We’re always here to keep you up to date with the latest accounting, tax and compliance deadlines. Here are the forthcoming deadlines...
Optima
Jul 4, 20222 min read


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...
Optima
Jun 22, 20221 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 16, 20223 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 14, 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 7, 20222 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 3, 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
Jun 1, 20223 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 23, 20222 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 19, 20223 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 17, 20221 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 10, 20224 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 9, 20221 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 6, 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 4, 20222 min read
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