Exciting news! Today, Jeremy Hunt delivered the 2023 Spring Budget announcement, revealing some important measures to support the country's economic recovery. The government has abolished the “Lifetime Pension Allowance” and increased the pension annual allowance to...
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.
Claiming capital losses
Capital losses can be realised on assets such as shares or property and they arise when an asset is sold for less than the original purchase price. Capital losses can also be claimed on assets that you still own if they become ‘worthless’, also known as a negligible...
What are the differences between Sole Trader and Limited Company Tax?
Structuring your company correctly is important, as there are differences between sole trader and limited company tax.
How can the right advice on tax save you money?
Getting the right advice on tax is invaluable when it comes to saving money on your tax bill. Here’s why.
Big changes ahead – Cottons rebrand
Cottons Chartered Accountants is excited to announce its rebranding to Cottons Group, effective immediately. The rebranding reflects the business’ ongoing commitment to growth, modernisation, and process improvement under the leadership of Managing Partner, Will Smart.
4 things to know about choosing the right Accountant in Rugby
If you’re wondering how to go about choosing the right accountant in Rugby, look no further.
Recent posts
7 benefits of an outsourced bookkeeper
Outsourced bookkeepers enable businesses to tap into a wealth of experience without the costs. Learn more about the benefits here.
What is virtual bookkeeping and how does it work?
As a business owner, staying on top of your finances is a priority, but in-house accountants can be expensive. This is where virtual bookkeeping comes in.
Cottons Group announces merger with Astute Service Limited in Rugby
Cottons Group’s exciting merger with Astute Service Limited in Rugby signifies a commitment to growth and enhanced services. Explore our strategic partnership and how it benefits clients in Rugby and London. Join us in this new chapter of exceptional accountancy and business advisory services.
Self-employed car expenses: a guide for small businesses and sole traders
Discover how to navigate self-employed car expenses effectively, including business mileage deductions and HMRC’s methods. Learn to manage your self-employed car expenses hassle-free with expert advice.