Optimal Compliance

29/06/2022

🏎️🤫 You’ve probably heard the quiet buzz of an electrical car around the streets. Despite being a more eco-friendly alternative to regular cars, they also tend to have lower running costs, but did you know why companies should invest in (EVs)?

- There are funding and grants available that make it cheaper to purchase vehicles.
- Grants of up to £1,500 are available for electric cars priced under £32,000.
- Grants are available of up to £5,000 for large vans and £2,500 for small vans.
- You can claim the total cost of purchasing an EV against taxable profits, lowering the amount of tax you need to pay.
- Tax exemptions from van benefit charge, fuel duty, company car tax, vehicle excise duty, fuel benefit charge.

On a side note, be aware that to be eligible for the grant, you must purchase a government approved vehicle, so please check before hand.

If you’re thinking of buying an through your company and have questions, please don’t hesitate to reach out.

Considering buying a car? Will you be using that car for work? Maybe you should consider buying an electric vehicle through your business and get tax benefits.

08/07/2021

The concepts of group structures and holding companies sound very corporate. Like, really, obnoxiously corporate. The idea of having several companies owned by another company which, in turn, is owned by a bunch of shareholders can be daunting. And that’s not even mentioning the extra statutory burdens it seemingly places on the business: more VAT returns, CT returns, multiple monthly payrolls, and multiple sets of accounts to file. If you are a small business owner, you’re probably on the verge of a headache having read that – sorry!

And yet, an ever-growing number of new and existing clients have approached us over the years on the topic of group structure, asking “Should we do this?” or, if they’ve done their research, “Why aren’t we doing this?”. After all, large corporations worldwide utilise group structures all the time, why shouldn’t they do it, too?

Find out below.

Learn if you should restructure your company into a group, what to expect when you implement a group structure and whether it is right for your business.

24/06/2021

Automation is a delicate topic. Many see it as job loss but from my experience, can make the work you do more meaningful.

Automated systems are commonplace in warehouses and retail stores because the actions are repetitive, but in the consultancy sector, it’s seen by some as the anti-christ.

However, when done right, automation is the key to handling a much higher throughput of clients, and it’s actually complimentary for to automate their best practices.

In the below article we go over:

📝 Why as business consultants we decided to automate our best practices
📝 How to get started
📝 How to get your team (who may not be software engineers) ready for automation
📝 What products we used

If you're thinking of developing new software in your business, check it out!

If you take stock of what you do in a day, how many of those tasks are repetitive? Sometimes all but a glorified tick boxing exercise…

23/06/2021

When Jeremy Clarkson does your marketing for you.

The recent conversation between Jeremy Clarkson and his land agent for his recent tv show Clarkson's Farm on sounds a lot like some of our recent client conversations when choosing to apply for .

Quick synopsis: Jeremy Clarkson is running his farm (yes, the guy who used to be on Top Gear and Grant Tour), now is cultivating veggies up in Cotswold. Anyways... 🥕🥬

As a farmer now, his land agent tells him it's time to apply for some government grants so there’s paperwork involved.

To which Jeremy answers, 'I've got better things to do with my time than this. How much is this because whatever it is, I rather pay it myself'.

Guess what happened next?

We attached the snippet below, watch the video to find out and we'll continue the story in the comments so there are no spoilers 👀

19/12/2019

SHOULD NOT EXIST. DISCUSS. Read our article about whether, in a modern society, they have the right to exist. Spoiler alert: They do. https://optimalcompliance.com/billionaires-shouldnt-exist/

Billionaires shouldn't exist, according to a chorus of voices on the left, including Labour MP Lloyd Russell-Moyle, whose Radio 5 Live assertion went viral...

11/12/2019

General election: How might it impact your , ? READ IT: https://optimalcompliance.com/general-election-how-might-it-impact-your-business-tax-liabilities/

Don't get blindsided on Thursday, 12 December. Read our guide to find out how each party's plans will affect your business and how you are taxed. Comments welcome!

10/12/2019

What's your business doing to promote in ?

Developing new products, materials, services and processes is key for business success, and doing so means you may also be eligible for benefits, which R&D tax experts can certainly help you with!

27/11/2019

Is the about to launch its own like 's ? Read our article: https://optimalcompliance.com/is-the-eu-about-to-launch-its-own-cryptocurrency/

18/11/2019

Our updated google listing

Post a review to our profile on Google

04/11/2019

BBC News - Microsoft four-day work week 'boosts ' https://www.bbc.co.uk/news/technology-50287391 ... 'In contrast, Jack Ma, co-founder of Chinese online shopping giant Alibaba, has championed 12-hour working days. In April 2019, he described the "996" pattern, in which workers do 09:00-21:00 shifts, six days a week, as "a blessing".' Lol

The technology giant closed its offices in Japan on Fridays during the month of August 2019