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In Britain, where we are often subjected to four seasons in one day, we could all be forgiven for wanting to see that back of clouds for good. However, there’s a new cloud on the scene and it’s one that business owners need to embrace…
“Open banking” is a new directive which was introduced in the UK in January. It has the potential to fundamentally change the way companies manage their finances, access capital and make strategic decisions. A number of innovative companies are currently testing and developing uses for open banking by registering licences from the Financial Conduct Authority. In this piece we explore some of its most useful potential applications for businesses.
Do you claim for business mileage – and spend hours Googling the places you’ve visited to work out the miles you’ve covered? Well, thanks to the Cottons App, you can now get all the information you need permanently recorded on your smartphone.
A comprehensive summary of the Spring Statement 2018.
Budgets and forecasts are the business equivalent of Satnavs. If you don’t know what to aim for and what your goals are it will be impossible to reach your end destination.
Since the financial crisis it has become even harder for SME businesses to access debt finance and growth capital.
However, over the last decade a plethora of different funding options have emerged, facilitated by generous tax breaks from the Government as well as technological developments.
In this article we discuss the importance of developing a relationship with a good accountant, and invite you to take part in the Cottons Tax Challenge.
The new calendar year is a great time to take stock of your finances. Reviewing your finances in January and February provides sufficient time before the end of the tax year, at the beginning of April, in order to make sure that you are fully utilising all of the tax reliefs which are available to you.
Small business owners tend to work in an evolving, fast-moving market and it can be challenging to know how your business should grow in order to be successful in the future.The key to being ahead of the rest is being proactive and innovative whilst taking note of key trends
So, what small business trends are in store for 2018?
Directors can pay themselves from their limited companies either in the form of dividends or salary but must consider which they pick so that they are able remunerate themselves within the most tax efficient manner. Here’s what to do.
After much speculation around what will be announced the Chancellor delivered his Autumn Budget to Parliament on 22nd November 2017.
Here is an overview of the key announcements.
Tide is a UK only current account for businesses with minimal transactions, meaning it is perfect for freelancers and consultants.
Ahead of the 2017’s Autumn Budget on 22nd November we’ve taken some time to consider what Chancellor Philip Hammond may announce. Here are the predictions
Auto-enrolment has been affecting businesses in stages but recently The Pensions Regulator has updated the Pension Auto Enrolment staging date for some businesses. Here’s everything you need to know.
HMRC recently announced new payment deadlines for anyone paying their Self Assessment tax liability.
Seasonal workers are often employed on a short-term basis tasked with fulfilling their duties in a small window of time, this means that the way they are paid differs from full-time staff. Here’s what you have to consider when hiring and paying temporary or seasonal staff