Daventry: 01327 879090
Rugby: 01788 579033
London: 0203 3487 1107
Capital Gains Tax is incurred as a result of making a profit on the sale or transfer of assets, most commonly this tax is calculated on the share of capital earned by an individual when a business they own all or part of is sold.
Planning ahead is crucial in reducing your tax liability. To make sure you are fully prepared, we can carry out a full review of your taxation position which will allow you to take full advantage of all of the concessions available.
Our specialist tax advisors and business consultants can assist you in tax planning throughout the lifetime of your business ensuring you are always extracting your cash in the most tax efficient way even before it’s time to sell. Contact us today to book a consultation with one of our experienced partners and ensure you are exiting your business favourably.
Small business owners tend to work in an evolving, fast-moving market and it can be challenging to know how your business should grow in order to be successful in the future.The key to being ahead of the rest is being proactive and innovative whilst taking note of key trends
So, what small business trends are in store for 2018?
Cottons has seen extensive growth with new offices and staff, continued client success and even a brand-new website. In this article we discuss our top news stories of 2017.
As always, it’s been a very busy month here at Cottons! We’ve been training our employees, raising money for charity and of course had lots of festive fun!
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.
We all like to receive gifts but are you aware that there are also tax breaks when giving gifts too!
An article on allowances for entertaining clients/staff and the associated expenditure that will be allowed to be deductible for corporation tax and VAT purposes.
An article covering VAT on Disbursements as a result of the recent tribunal case in which a firm lost their appeal against an assessment from HMRC for Output VAT not collected on recharged local authority search fees.
It’s been another busy month here at Cottons! The company is buzzing with new vacancies, new technologies and new clients. Here’s what’s been going on in detail…