Summer 2022 Newsletter

by Michael Blaken

Published on 28th July 2022

As we bask – or, perhaps, swelter – in the sunshine, why not cool off in the shade and read our summer newsletter. Plus, we have a date for your diary: our next networking breakfast is on Tuesday September 13, 7.30-9am. Email to book your free place. We hope to see you there.

Helping Swindon’s homeless charity with legal advice

Michael Keenan of Threshold

We are delighted to have been supporting Swindon’s homeless charity, Threshold, with legal advice around their ambitious plans to double their available bed space.

The charity, now in its 50th year, has a programme in place which includes property purchase and partnering with private property owners to utilise HMOs (houses in multiple occupation) and other properties in the town.

Find out more here.

Dealing with delays in the conveyancing process

levellin g up white paper

Buying or selling a home is a major undertaking in anyone’s book, and you’ll want to ensure the process is as smooth as possible. But conveyancing is complicated, and issues can arise that cause delays or even halt the process altogether.

To help you steer a smooth path through the move, we’ve looked at some of the most common problems, and how you might be able to overcome them.

New penalties for Making Tax Digital for VAT non compliance

Now all VAT registered businesses have been drawn into the Making Tax Digital for VAT scheme, HMRC has issued guidance on how to avoid penalties for non-compliance. You can find out more details here.

Applying a VAT recharge on expenses

A reminder that if your business is VAT registered it’s important to ensure you correctly apply VAT on your expenses, as it’s an easy area to get wrong. For example, do you remember to add VAT on bus or rail tickets?

We’ve some helpful advice here.

New faces at Optimum

We have three recent recruits at Optimum. Sophia and Yvette join our accountancy division and Debbie is a new addition to our reception team.

We are still recruiting and currently have openings for accountancy apprentices, a bookkeeper, tax assistant and accountant. You can find details of all the roles here.

And finally – farewell to Richard

CEO Optimum Professional Services

Goodbye and a very big thank you to our CEO, Richard Mathews. Richard is retiring following a long career which started with HMRC, going on to work for the ‘Big Four’, before running a successful accountancy firm, and finally founding Optimum in 2017.

He’s helped build our company into a thriving business and leaves it in the safe hands of a strong Board of Directors. On behalf of everyone at Optimum, and our many clients, friends and associates, we send Richard and Trish our very best wishes for the next stage in their lives.

We hope you find our quarterly newsletter useful. If you would like to read it in a pdf format, or you may even wish to print it out to peruse over a cup of coffee, we also have a downloadable version here.

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Spring 2022 Newsletter

April is always a significant month in the business world. This year is no exception, with big changes coming in, including the extended rollout of Making Tax Digital for VAT. In this newsletter we look at those changes, explain why we are advocates of cashflow planning and answer the thorny question, how can you get out of a commercial lease early?

Read more

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