Why business owners need to face up to the challenge of Mobile and Smartphone growth
Cottons. There’s an app for that!
We have launched a powerful new app to save you time and money. Here’s everything you need to know.
Happy 10th Anniversary Rugby!
Our Rugby office is 10 years old this month and we couldn’t be prouder of what has been achieved in that time.
Annual Tax on an Enveloped Dwelling
The Annual Tax on Enveloped Dwellings, ATED for short is one of the newest taxes having been introduced in 2013 and applies where companies hold residential property within a limited company or limited partnership.
Pension Contributions Are Increasing
On April 6th the amount small businesses have to contribute to their employee’s pensions is increasing.
Charity Accountancy Specialists
There have been recent changes to the requirements of any charity account reports signed on or after the 1st December, therefore some charity accounting obligations have been affected.
Updates to Tax Free Childcare
If you pay for registered childcare, then you might be already using or be eligible to apply for childcare vouchers, but the world of tax-free childcare is undergoing its most significant change since they were first introduced into the tax system back in 1989.
Best Way to Pay Yourself from Your Ltd Company
Directors can pay themselves from their limited companies either in the form of dividends or salary but following changes in 2016/17 to the treatment of dividends, they now need to give a bit more upfront consideration and attention to which they pick so that they are able to remunerate themselves within the most tax efficient manner.
Autumn Budget 2017: Key Announcements
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: The Bank Account for Consultants and Freelancers
Sometimes it feels like high street banks don’t care too much about small businesses, consultants or freelancers. However, here at Cottons we do! And we’re always on the hunt to helpful solutions that will help our clients manage their money in a simple, more efficient way.
Autumn Budget 2017: Predictions
Will Smart Rejoins Cottons as Partner
We’re proud to welcome back Will Smart! Will is returning to Cottons as a partner and will be based at the Northampton branch.
Pensions: Updates to Auto-Enrolment
Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it; this is called ‘automatic enrolment’, or more commonly, ‘auto-enrolment’. If you employ at least one person, then you are an employer and you have certain legal duties in line with this legislation.
The Cottons’ Pack Tackle The Wolf Run
On a chilly November morning ten of our bravest (or craziest…) employees took on the elements as they tackled the Winter Wolf Run; one of the toughest obstacle course races Britain has to offer.
Monthly News: Exams, Partners and Local Business
It’s been an exciting month here at Cottons with everything from one of our staff achieving the highest global Corporate Finance and Advice exam score, to our new London branch embracing local currency. Here’s what’s been going on in detail…
How to Obtain Bank Funding
In the wake of the credit crunch bank lending to businesses became almost more of a holy grail than an everyday option, however, nearly a decade on from the crash, as the economy continues to stabilise, banks are becoming more open again.