Founded jointly in 2015 by Ian and Helen McPherson, MCP 2 has grown considerably since its inception and now holds a dominant market position in the procurement services sector. Ian was looking towards retirement and thought the right acquirer could increase...
Blog
Nova Integrated Systems Limited
Cottons Corporate Finance is delighted to announce the sale of Nova Integrated Systems Limited (Nova) to Nova Employees Trustee Limited, an Employee Ownership Trust (EOT). The deal will not only help to secure the long-term future of the business and safeguard jobs;...
Understanding payment on account
If you fill in a self-assessment tax return, you’ll need to have an understanding of payment on account and how it affects you.
Our latest great news
We’ve kept things under wraps recently but it’s time to announce some thrilling and great news. Will Smart is now our new Managing Partner, taking over from Nick Warne and will work closely with our partners across all offices to lead the long-term strategic plan for...
VAT
VAT registered businesses act as unpaid tax collectors and are required to account both promptly and accurately for all the tax revenue collected by them.
Recovering VAT on staff expenses
Although the VAT rules normally prevent you reclaiming VAT on supplies that are not made direct to you, there are certain circumstances when the rules are relaxed.
Recent posts
Asset finance and leasing: what you need to know
If you need to use equipment in your business, asset finance and leasing can ease some of your financial burdens.
Forecasting the landscape for UK SMEs in 2024: Trends, challenges and opportunities
In 2024, UK SMEs are in for a mixed bag. The economy’s showing promise, but inflation and Brexit are throwing in some curveballs. Tech and sustainability look like winning strategies, while hiring and new regulations might need some untangling. With government backing and a knack for innovation and eco-friendly practices, UK small businesses are gearing up for an eventful and challenging year ahead.
What are the latest changes to capital gains tax?
The capital gains tax allowance will reduce over the next two years. Here’s what you need to know and how to file your returns.
In loving memory of John Cotton
It is with deep regret that Cottons Group announces the passing of John Cotton earlier this month. As we mourn the loss of a remarkable individual and dear friend, we are committed to honouring his legacy and ensuring that his memory continues to inspire us all. The...
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