2018 Highlights from Cottons

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.

Cottons Timeline

January

Hot or Cold? Eat In Or Take Away? VAT’s The Difference In The Food Industry

photo of burger and chips

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.

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February

Alternative Sources Of Finance For Early Stage And Growing Businesses

coins with plant growing, small business growth

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.

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March

5 Steps to Ensuring GDPR Compliance for Small Businesses

People working together

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.

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April

Happy 10th Anniversary Rugby!

a famous landmark in Rugby

Our Rugby office is 10 years old this month and we couldn’t be prouder of what has been achieved in that time.

Let’s celebrate the branch…

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May

Emma Reid Makes Partner

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.

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June

Our London branch celebrates its first year!

A popular site in London

Our accountants have been in London for one year now, here’s the story of the latest office in the Cottons Chartered Accountants network.

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July

Cottons Sponsor Daventry Cycle Sportive

cottons accountants during a cycle event

On Sunday 1st July 2018, Cottons Chartered Accountants were proud to sponsor Daventry’s Cycle Sportive, an event designed to get the entire community out on their bikes at the same time as supporting Cancer Research UK and the MacMillan Cancer Trust.

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August

A Guide to Good Bookkeeping

macbook and calculator - 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.

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September

Research and Development Cash Injection….

Research and Development Tax for business

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 companies who may also be struggling to make ends meet.

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October

Cottons gains inclusion to Handpicked Accountants

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.

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November

The Winter Wolf Challenge

Cottons Winter Wolf Run Team

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.

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December

Cottons London Join The Accelerator to Help Start-Ups

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.

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At Cottons, we offer a free consultation with our team -

No obligation, no pressure and no industry jargon.

We are here to help!

Would you like to contact our team?