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
When is self-assessment due? Everything you need to know.
With the first half of the year behind us, there’s a nagging question on the minds of many taxpayers: when is self-assessment due?
Limited company vs sole trader: what’s best for you?
Ltd company vs sole trader – it’s a question we’re asked often. There are ups and downs to both, so here’s what you need to know.
OakNorth Bank: enabling a secure business acquisition strategy
In a rapidly evolving business landscape, Cottons, has demonstrated its commitment to creating a comfortable and secure process for business acquisitions. This is largely due to its recent strategic partnership with OakNorth Bank, the UK’s leading business and property bank.
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.
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If you’re curious about how we can help you, please reach out: our team is very keen to hear from you.
