Blog
Sharing our knowledge
Working for years in the accounting industry has provided us with a wealth of knowledge across all areas of compliance. So we think it’s important to share this with our clients.
Here you’ll find a wide range of in-depth articles that clarify some of the more pressing business and industry issues and answer any of your questions about the world of accountancy.
Capital Gains Tax and the family home
The capital gains tax (CGT) exemption for gains made on the sale of your home is one of the most valuable reliefs from which many people benefit during their lifetime. The relief is well known: CGT exemption whatever the level of the capital gain on the sale of any property that has been your main residence. In this post, we look at the operation of the relief and consider factors that may cause it to be restricted.
Tax-Free Childcare
The government has introduced a tax incentive for childcare, Tax-Free Childcare (TFC).
Land transaction tax
Land Transaction Tax (LTT) is payable by the purchaser of property in Wales.
Enterprise investment scheme
The purpose of the Enterprise Investment Scheme (EIS) is to help certain types of small higher-risk unquoted trading companies to raise capital. It does so by providing income tax and CGT reliefs for investors in qualifying shares in these companies.
Capital Gains Tax on disposal of chattels
The term ‘chattel’ refers to an item of tangible movable property.
Northampton office acquires JR Watson & Co.
Cottons are proud to announce the acquisition of Northampton based accountancy firm, J R Watson & Co as part of its continued growth plans.
Recent posts
Cottons officially turns 40 years old!
We are thrilled to announce that Cottons is marking a major milestone: four decades of providing reliable accountancy services. Since our establishment in 1983, we have been dedicated to delivering personalised solutions and staying committed to our clients’ success. Over the years, we have grown alongside our clients, adapting to changing financial landscapes and technological advancements.
Making sense of what you need in place before the Making Tax Digital deadlines
Repeated delays to MTD for ITSA have left many taxpayers uncertain of their obligations. Here’s what you need to do before the Making Tax Digital deadlines.
Inheritance tax planning advice: thresholds, gifts and trusts
We look at some general inheritance tax planning advice to help you manage any future potential liability. If you need advice, get in touch.
Discover the power of Xero, the cloud accounting solution for businesses still reliant on spreadsheets and bridging software
Still using spreadsheets to maintain your business’s VAT records? Let us explain what Xero can do for your business that bridging software can’t.
Ready to connect?
If you’re curious about how we can help you, please reach out: our team is very keen to hear from you.
