Guidance for SMEs
Domestic Reverse Charge VAT in Xero
A quick lesson from our Xero expert Mike, explaining what the new domestic reverse charge VAT is, who it affects and how it will work.
15th February 2021
A quick lesson from our Xero expert Mike, explaining what the new domestic reverse charge VAT is, who it affects and how it will work.
White Motorcycle Concepts Ltd (WMC) have recently revealed the much-anticipated WMC250EV, the most aerodynamic motorcycle in the World. The team at WMC have spent years developing
Over the past year, we have saved our Clients over 4.4m through Research and Development tax credits! Quick Facts The majority of businesses who could
An Enterprise Management Incentive, or EMI, is a government‑backed, tax-advantageous employee share scheme. This scheme is available to most trading companies looking to share their successes and incentivisng
Since they were first introduced in 2014, Employee Ownership Trusts (“EOT”) have become an increasingly popular alternative form of exit to a traditional trade sale
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
Electric cars (EV’s) are no longer just about the “social responsibility” and driving a Toyota Prius! There are a number of tax benefits to driving
It’s sadly becoming more common to see articles about a website data breach – but what does that mean and how does this affect you?
In positive news, the number of self-employed individuals increased month-on-month for the first time since the outbreak of the coronavirus (COVID-19) pandemic, according to the
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
With remote and flexible working likely to continue for many people when lockdown restrictions are eased, it is crucial that employers remain considerate of the
Our team are frequently asked: “What expenses can I claim now that I am self-employed?”. Whilst the often used answer “anything that relates to your
Cottons Chartered Accountants, a leading accountancy firm with offices across the Midlands and London, has welcomed ten new starters this Spring as it undergoes further
We have spoken to clients who have been targeted by scammers posing as HMRC and contacting them regarding the Fourth SEISS grant. These emails are
The end of April 2021 sees some important deadlines from HMRC… Annual Tax on Enveloped Dwellings Deadline to submit returns and pay the tax for
If you are seeking accounting and tax advice or services then it is important to select a professional you can trust. What may surprise many
In all types and sizes of business, technological developments are driving efficiencies in previously time-consuming day-to-day activities. This trend is particularly evident in the accounting
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.
