Guidance for SMEs
Tax deadlines for July
July 2021 sees some important tax deadlines from HMRC… 1 July 2021 VAT: 5% penalty charged if VAT deferred from the period 20 March 2020 to
17th June 2021
July 2021 sees some important tax deadlines from HMRC… 1 July 2021 VAT: 5% penalty charged if VAT deferred from the period 20 March 2020 to
June 2021 sees some important tax deadlines from HMRC… 1 June 2021 Company tax: UK resident companies making payments of annual interest or royalties to connected
The Treasury said it plans to cut inheritance tax (IHT) red tape in a move designed to reduce the paperwork families need to fill out
April 5: Inheritance tax rules changes By April 2021 married couples will be able to leave up to £1 million tax-free to their direct descendants.
We all like to receive gifts but are you aware that there are also tax breaks when giving gifts too!
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
One of the benefits from the Research and Development (R&D) tax relief is that it provides support not only for profitable companies but also those
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,
Getting your affairs in order is complicated and many people will have considered enlisting the services of a wealth manager, either on an ad-hoc or
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
Fifty percent of start-up businesses fail in the first year and 95 percent fail within the first five years but despite the economic downturn, the
New research has suggested that more than half (58%) of landlords are involving accountants when making key property decisions.
We all like to receive gifts but are you aware that there are also tax breaks when giving gifts too!
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
In 2017 Amazon almost halved its declared UK corporation tax bill. It went from £7.4m in 2016 to £4.5m and understandably left many SMEs frustrated,
Cottons are one of the leading independent Chartered Accountants in the Midlands with offices in Northampton, Milton Keynes, London, Daventry and Rugby.
Established in 1983, we offer an efficient and professional service led by extremely knowledgeable and experienced partners and staff.
Cottons are a fully regulated member firm of the Institute of Chartered Accountants in England & Wales, offering our clients all of the assurance and protection that this entails.
Our guarantee is our integrity, honesty and confidentiality. This, together with the provision of the best business and financial accounting services, means that we are able to offer positive solutions to your business.
