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
Welcome to Optima accountants, where our goal is to deliver high-end, all-encompassing accounting, tax, and business advisory services exclusively tailored for small businesses.
Your Business Partners
Our goal is to provide a comprehensive resource for small businesses. We are dedicated to help you harness the potential of the IT revolution and provide the cadre of services that were once considered the prerogative of large businesses only; And most importantly offering the same calibre of expertise at an affordable price. At Optima, we believe that every small business deserves first class financial solutions necessary both for growth and management.
Using IT to provide Innovative solutions:
Our commitment to this mission is grounded in the integration of advanced tools with your business processes. We utilise the latest technologies, particularly cloud-based software, to bring efficiency and innovation to your financial processes. Our company thrives on innovation, prioritising excellence with a focus on customer satisfaction. By merging our technological prowess with a client-focused approach, we transcend conventional accounting, providing you with not just a service but a strategic partnership.
Best business advice:
In the realm of accounting and taxation, we perceive ourselves as more than individuals who simply crunch numbers; we endeavour to be your architects of financial excellence. Optima’s goal is to render you the best business advice in real-time, empowering you to navigate the intricate landscape of entrepreneurship with confidence and control. Discover our comprehensive range of services, designed to cater for the pertinent needs of micro and small businesses. From meticulous accounting practices to strategic business advisory services, we are here to enhance your financial journey. At Optima, we are not just keeping pace with change; we are leading it—because your success is our priority.
Book-Keeping
Year-end Accounts
Management Accounts & KPIs
Personal Tax / Self-assessment return
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.
