From April 2026, HMRC is introducing changes to reporting income tax for sole traders, self-employed people and landlords, who file their tax returns through self-assessment.
Read moreAs we bask – or, perhaps, swelter – in the sunshine, why not cool off in the shade and read our summer newsletter.
Read moreNow 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.
Read moreApril 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 moreThe Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on 23 March 2022. With inflation increasing, fuel prices rising and the debt of COVID still to be worked on, we’ve taken a look at the main points that will affect businesses from this year’s budget.
Read moreIf you run a VAT registered business and have yet to sign up to Making Tax…
Read moreAll eyes will be on the Chancellor on March 23, when he stands up in the…
Read moreWelcome to Optimum’s autumn newsletter. We look at what the future holds now government Covid support has largely been withdrawn, the proposed National Insurance increase, plus, we have some important information, if you’re in self-assessment.
Read moreThe government recently announced the introduction of Making Tax Digital for self-assessment would be delayed for…
Read moreToday marks the end of the furlough scheme, brought in by the government as one pillar of its economic measures to help employers and employees get through the pandemic.
Read moreCovid and the end of the EU transition are contributing to delays in the VAT registration…
Read moreFurther guidance from HMRC with a sensible flowchart in respect of VAT and payment deferral. With…
Read moreGet the industry inside news with our informative articles.
HMRC has confirmed new rules for Individual Savings Accounts (ISAs) that will take effect on 6 April 2027, affecting those under the age of 65.
Read moreCompanies House has announced that the implementation date for the new accounts filing requirements have been pushed back from 1 April 2027 to 1 April 2028, giving Companies an extra year to get ready for the changes.
Read more