Generated by All in One SEO v4.9.7.2, this is an llms.txt file, used by LLMs to index the site. # Optimal Accountancy Accountancy Practice ## Sitemaps - [XML Sitemap](https://optimalaccountancy.co.uk/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Blog](https://optimalaccountancy.co.uk/blog/) - [Understanding Your Taxes](https://optimalaccountancy.co.uk/taxes/) - As at the 5th April 2023 the government have announced the following changes regarding personal and company taxation. This blog will breakdown your taxes and help you understand. Dividend Tax Tax free allowance for dividends has been cut from £2,000 to £1,000 for the tax year beginning 6th April 2023, this will fall to £500 ## Pages - [Home](https://optimalaccountancy.co.uk/) - North East Accountancy Real benefits through full circle accountancy support Optimal Accountancy provides a service tailored to the individual needs of your business, we believe there's more to accountancy than simply satisfying compliance. At Optimal, we believe that all our clients are equally important irrespective of size, turnover, profit or fees. Our aim is to - [Contact](https://optimalaccountancy.co.uk/contact/) - Contact Drop us a line Please get in touch via the details below or feel free to use our contact form. Your details will only be used to respond to your enquiry. Newcastle Office Clavering House, Clavering Place, Newcastle Upon Tyne, NE1 3NG. Optimal Accountancy HQ 301a Sunderland Road, South Shields, Tyne & Wear, NE34 - [About](https://optimalaccountancy.co.uk/about/) - Looking after our clients' interests is a priority. Optimal Accountancy's Story Optimal Accountancy was formed in 2007 by Paul White. Paul had worked within the SME sector for a number of years before deciding to set up a practice of his own. Using previous experiences Paul realised that there seemed to be a lack of - [Bookkeeping](https://optimalaccountancy.co.uk/bookkeeping/) - Bookkeeping We prioritise all clients and aim to manage them in their accounting and tax affairs by providing regular updates on profitability, tax liabilities and changes in legislation. Constant contact or client visits facilitate this. Bookkeeping Bookkeeping is vital to any business entity. It is the means of recording a business or individuals daily business - [Additional](https://optimalaccountancy.co.uk/additional/) - Additional Additional services we offer; Self Assessment Rental Accounts Construction Industry Scheme (CIS) Capital Gains Self Assessment Self Assessment is the method by which HMRC will collect your tax liabilities as an individual or partnership as the tax year ends on 5th April each year a return along with your liabilities has to be filed - [VAT](https://optimalaccountancy.co.uk/vat/) - Value Added Tax (VAT) We can assist in Vat. registration, alongside helping you with different schemes. Value Added Tax Vat is a tax charged once your business entity turnover reaches £85,000 in a twelve month rolling period. At Optimal Accountancy we can assist in the registration for Value Added Tax. Charging and reclaiming the correct - [Services](https://optimalaccountancy.co.uk/services/) - Services We pride ourselves on a full circle service. One trusted partner for all your accountancy needs. Bookkeeping Bookkeeping consists of managing your accounts, including income & expenses and corporation tax. Payroll Payroll can be processing wages, weekly, four weekly or monthly in conjunction with HMRC's RTI directive. VAT VAT calculation needs to be completed - [Partnership](https://optimalaccountancy.co.uk/partnership/) - Partnership A Partnership is where two or more individuals come together in business to become proprietors. At Optimal Accountancy we can facilitate the registration of the partnership and the partners. We will also assist in completing the return and ensuring that proprietors profits and distributed correctly on their individual self assessment return. Bookkeeping Bookkeeping consists - [Sole Trader](https://optimalaccountancy.co.uk/sole-trader/) - Sole Trader As an individual it can be daunting setting up business on your own for the first time. We aim to guide you through the process of registering as a sole trader to completing your obligations to file a Self-Assessment return, always ensuring that your business continues to grow and that your tax return - [Payroll](https://optimalaccountancy.co.uk/payroll/) - Payroll We offer a full payroll service, which could be processing wages weekly, four weekly or monthly. Payroll To assist current and new clients we offer a full payroll service. This can mean processing wages, weekly, four weekly or monthly in conjunction with HMRC's RTI directive. We can also process your year end, produce P60's - [Partners](https://optimalaccountancy.co.uk/partners/) - Partners In addition to our full circle service, we are proud to work with an experienced group of trusted associates. A recommendation goes a long way and we have worked closely with our partners to ensure first class service for our Optimal customers. Mortgages Optimal Accountancy is delighted to announce that we are working in - [Limited Company](https://optimalaccountancy.co.uk/limited/) - Limited Company Limited Companies have a statutory obligation to file accounts and associated tax returns at Companies House and with HMRC within a strict set of deadlines. If your company does not complete their accounts on time they may well be liable for a late filing penalty. Bookkeeping Bookkeeping consists of managing your accounts, including - [Co Types](https://optimalaccountancy.co.uk/co-types/) - Company Types No matter your company size or sector, we have staff waiting to offer you our full circle service. Click your relevant co type below to find out what services are applicable to you. Sole Trader noun BRITISHa person who is the exclusive owner of a business, entitled to keep all profits after tax - [Terms & Conditions](https://optimalaccountancy.co.uk/terms-conditions/) - Terms & Conditions The term 'Optimal Accountancy' or 'us' or 'we' refers to the owner of the website. Our company registration number is 06277853, a company registered in England and Wales. The term 'you' refers to the user or viewer of our website. The use of this website is subject to the following terms of ## Categories - [Uncategorized](https://optimalaccountancy.co.uk/category/uncategorized/)