It has been a busy 2018 for the team at Cottons. Over the past 12 months, we’ve been busy keeping you up-to-date on the latest changes in legislation, how we can help you save even more money, our offices celebrating anniversaries and even the appointment of a new Partner.
We’ve highlighted some of these key stories on the timeline below. You can find out further details by clicking on the “Read more” link.
Hot or Cold? Eat In Or Take Away? VAT’s The Difference In The Food Industry
The VAT Implications of food are not straightforward to say the least. Whilst the food and hospitality industries are like all other businesses in that they must become VAT registered once their annual turnover reaches £85,000, the specifics of whether food sales are VATable and at what rate can be a minefield.
Alternative Sources Of Finance For Early Stage And Growing Businesses
It is common for ambitious businesses to require capital or debt financing in order to help them grow their top line revenues prior to them becoming profitable. 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.
5 Steps to Ensuring GDPR Compliance for Small Businesses
No matter the size of your business, you will need to comply and be aware of the new regulations set out under GDPR.
Here are 5 steps to ensure your small business is compliant.
Emma Reid Makes Partner
It is with great pride that today we can reveal that Emma Reid, former senior accountant at our Rugby branch, has accepted a promotion to become a Partner at our firm.
A Guide to Good Bookkeeping
Small business owners are often required to wear many hats, overseeing a range of tasks from project management to customer service and everything in between. The multitude of responsibilities for those at the helm of SMEs can be time-consuming and often overwhelming.
Cottons gains inclusion to Handpicked Accountants
Cottons are delighted to announce that we are the latest accountancy firm to gain inclusion on Handpicked Accountants, an exclusive network of the very best accountants in the UK. Launched in 2017 by the professional services company Begbies Traynor, Handpicked Accountants aims to connect individuals and small business owners with trusted local accountants.
The Winter Wolf Challenge
The team from Cottons braced the cold winds, ice cold water and copious amounts of mud to take part in this year’s Winter Wolf Run at Stanford Hall.
Cottons London Join The Accelerator to Help Start-Ups
Our accountants in London joined forces with the London Metropolitan University Accelerator programme to talk about how start-ups can get things right when they’re setting up their businesses.