COVID-19: The latest updates and advice from Cottons – Click here
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Businesses are naturally concerned about cash flow, trade after lockdown and the debt associated with using the government-backed loan schemes. R&D tax credits can help
When starting a business, it can be tempting to put off having a conversation with an accountant, and instead concentrate on other aspects of your
“A goal without a plan is just a wish.” ― Antoine de Saint-Exupéry Choosing to start up a new business is both an exciting and
We can confirm that the Coronavirus Business Interruption Loan Scheme (CBILS) opens for applications today and supports a wide range of business finance products, including
The coronavirus outbreak has everyone worried, from employees and small business owners all the way through to multi-national corporations. Whilst larger businesses have finance departments
Speaking in Parliament on Tuesday evening, Chief Secretary to the Treasury Steve Barclay said: “The government is postponing the reforms to the off-payroll working rules,
If there’s something to be learnt from the candidates on this years The Apprentice, it is the importance of a good business plan!
We all like to receive gifts but are you aware that there are also tax breaks when giving gifts too!
HMRC announced Friday afternoon that the VAT Domestic Reverse Charge will now be delayed until October 2020.
The introduction of the VAT domestic ‘reverse charge’ for building and construction services comes into effect from 1 October 2019. This is an important change
When a sole trader decides to change the structure of their business to become a limited company, they take on a number of new legal
At Cottons, we have noticed an increase in clients receiving cold calls, automated messages or voicemails from scammers impersonating HMRC. Clients are told that they
We all like to receive gifts but are you aware that there are also tax breaks when giving gifts too!
Famously, the retail sector is burdened with more administrative duties than many others.
Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech, he stated that ‘austerity is coming to an end
We are delighted to announce that we have helped one of our clients secure a £250,000 tax refund using the Research and Development(R&D) Tax Relief
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