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Introducing MTD for ITSA

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.

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Summer 2022 Newsletter

As we bask – or, perhaps, swelter – in the sunshine, why not cool off in the shade and read our summer newsletter.

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New penalties introduced for Making Tax Digital for ...

Now 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.

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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?

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Spring Statement 2022

The 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.

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Have you signed up to Making Tax Digital for VAT?

If you run a VAT registered business and have yet to sign up to Making Tax…

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What might the Spring Statement hold for businesses ...

All eyes will be on the Chancellor on March 23, when he stands up in the…

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Autumn 2021 Newsletter

Welcome 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 We look at what the future holds now government Covid support has largely been withdrawn, the proposed National Insurance increase, plus, we have some important information, if you’re in self-assessment.

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Making Tax Digital for self-assessment

The government recently announced the introduction of Making Tax Digital for self-assessment would be delayed for…

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What does the end of the furlough scheme mean for th...

Today 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.

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Plan ahead for VAT registration to avoid delay

Covid and the end of the EU transition are contributing to delays in the VAT registration…

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VAT payment deferral

Further guidance from HMRC with a sensible flowchart in respect of VAT and payment deferral. With…

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Latest News

Get the industry inside news with our informative articles.


ISA shakeup planned

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.

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Reporting changes on horizon

Companies 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.

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