Happy New Year from the Optimum team. In our winter newsletter, we look at how you can ‘earn’ more than £43,000 a year by taking advantage of tax-free allowances, what to do if you get a planning enforcement notice, and we ask, will you get the full state pension? Plus we welcome a new member to our Board of Directors.
Did you know, there is a way you can ‘earn’ more than £40,000 tax free, by taking advantage of various annual tax-free allowances? By totting up all the available allowances, including your personal allowance, it comes to over £43,000. Find out more here.
Of all the letters you might receive from your local planning authority, a planning enforcement notice is surely among the least welcome.
But if one lands on your doormat, what does it mean, what should you do, and how might it affect a property sale?
The answer is, not necessarily, especially if you are a company director. At Optimum, we always ask new clients who are directors about their state pension forecasts, and have found some to have gaps of 20 years or more, generally when a PAYE scheme has been incorrectly administered.
You can read more here.
We’re delighted to announce that we have appointed a new member to our board. Tracey Heath, our Practice Manager, has become Practice Director.
Tracey said: “Being on the Board will enable me to get involved in the running of the business, as well as better communicate what is happening to the rest of the team, and I can also act as a voice for the team.”
It seems 2021 was a bumper year for supporting good causes, so well done to the Optimum team. We raised more than £2,500 for Youth Adventure Trust (who we are supporting again this year) plus we collected enough donations to fill 17 crates for Swindon food bank.
The Youth Adventure Trust even made us a short video to say thank you, which you can see here.
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.
