0292 0614140

info@optimaaccountants.co.uk

75 Whitchurch Road
Cardiff CF14 3JP

9AM - 6PM

Mon to Fri

Optima Accountants Limited

Empower your Organization to achieve its full potential.

Optima creates value and drives success for our clients through technology solutions, service excellence, and digital innovation.

Our Services

Book-Keeping

Book keeping is of crucial importance to any business as it is foundation to all important financial functions including management reporting, VAT preparation and annual accounts preparation.

Year-end Accounts

Whether you are trading as sole trader, partnership or a limited company year-end accounts will often form a basis of your tax returns

Management Accounts & KPIs

By providing monthly or quarterly reviews of your accounts we can help you set financial targets. Although there is no legal obligation to prepare the management accounts.

Personal Tax / Self-assessment return

Due to complex tax regime in UK and growing emphasis being put on taxpayers’ individual responsibilities, all eligible persons need professional tax advice.

Corporation Tax

All Companies registered in UK are required to pay corporation tax on their profits. This calculation of corporation tax is based on your company accounts and adjustment for the various reliefs available like Capital allowances.

Value added Tax (VAT)

Value added tax (VAT) is a complex area of the UK tax system and therefore its comes as a burden on businesses which are supposed to collect VAT on behalf of UK Government. The scope of VAT is also not static its constantly widening.

Capital Gains Tax

Capital gains tax or CGT is the tax payable on any gain/profit you make when selling any used asset, or even business or part of the business which has increased in value. Capital gains tax is charges in varying rate depending on the nature of the assets involved and the income tax band of the tax payer.

Inheritance Tax (IHT)

Inheritance tax or IHT is the tax applicable to inheritance over a certain value set by HMRC at the time. Rising values of properties in UK have implications for the inheritance tax. IHT is payable by the estate of the tax payer and it is based on aggregate value of all kinds of assets in the estate including property, money, proceeds from insurance at the death time.

Research and development

In this era of fast growing technology the government has tax relief incentives in place for companies to encourage you to invest in technology. It is a quite useful source of financing innovation for the qualifying enterprises.

Cryptocurrencies

Although Cryptocurrencies have attracted a lot of public interest and attraction due to its potential for wealth growth however there are several uncertainties involved around them including “Tax treatment”.

Digital Transformation

How an organization stores and handles the information, is key to the proper functioning in modern business world. This aspect is a key to the now-a-days term “Business Intelligence”. It could include computer based as well as paper based systems.

Cloud Accounting

Xero, Quickbooks and sage-oneare the leading cloud accounting packages in the UK SME market. As both are fully developed products with 100’s of plug-ins so its mainly about personal choice and preference when it come to chosing between them

System Integration

Winning is an idea and act as a mental image and you need to put the various pieces of the puzzle together to actualise that image. We can help you integrate or put the various pieces of the puzzle together.

Training

Staff not only need to understand the processes and procedures rather have an understanding about key success factors and bottlenecks in these processes – this is vital for the success of SME organizations where most of the staff are doing multitasking

Making tax digital

MTD is the government’s plan to transform the way businesses maintain their records. Over a time period with pre determined deadlines set by HMRC the UK government plans to transform how businesses maintain and share financial records.

Cloud Accounting package

The software automates parts of your bookkeeping system keeping your records free of human error and freeing up your time to spend on business development or with your family. Bank feeds pull through all bank receipts and payments directly from your bank eliminating the need to enter them one by one manually.

Business Plans

Business plans not only are essential for start-ups they play a key role in success of an established business. Good planning is at the heart of success in any area of life. A well thought out task has more room for improvement and therefore better chances for success in the long term.

Business Start-up Advice

We believe all businesses needs professional advice irrespective of their size, turn over or nature. For new start ups this help can prove very crucial for their success in long run as most of the important decisions would be made at the very beginning.

Enterprise Investment Scheme(EIS)

EIS or Enterprise Investment Scheme is aims to help your company raise funds. This is achieved by offering tax reliefs to individual investors. This scheme allows you to raise up to £5m per year, and a maximum of £12m in your company’s lifetime, including amounts raised using other schemes.

Seed Enterprise Investment Scheme(SEIS)

SEIS is a scheme with the aim to help your company raise money when in its early phase of trading. Individual investors who buy shares to your company are eligible for tax relief. -you can receive a maximum of £150,000

On HRM & Employment Law

Human resource is inevitably the most valuable resource of any business but it comes with its own caveats and precautions – unfair dismissals, discrimination suits, breach of contracts, employment tribunals are becoming more common as employees demonstrate an increasing awareness about their rights.

Training

Staff not only need to understand the processes and procedures rather have an understanding about key success factors and bottlenecks in these processes – this is vital for the success of SME organizations where most of the staff are doing multitasking. We identify the skills gap and give informal on-the-job-training to the staff as and when necessary.

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