Learn when your business needs an audit, how to prepare your business for an audit effectively, and what auditors examine.
Blog
When do you need an audit?
When do you need an audit? They might not be the most exciting part of running a business, but they are vital in ensuring financial clarity and compliance.
The new audit thresholds for 2024/25
Earlier this year, then-PM Rishi Sunak announced there would be new audit thresholds introduced in October 2024.
What to look for when choosing accounting software: a guide for SMEs.
Explore how accounting software can save time, cut costs, and drive growth. This guide highlights the benefits of cloud solutions and top tools for SMEs, helping you streamline finances and plan for success.
What are the benefits of audits?
What are the benefits of audits? Understand the benefits of audits and how they support business growth, financial accuracy, and accountability for a stronger future.
Post Autumn Budget Brief
Explore key financial planning insights from the Autumn Budget, including tax strategies, pensions, CGT and IHT advice, shared by Dan Payne of Golden Oak Wealth Management.
Recent posts
Making Tax Digital (MTD) – what you need to know about upcoming HMRC letters
HMRC will soon be sending letters to some sole traders and landlords as part of the move towards Making Tax Digital (MTD) for Income Tax.
Championing Women in Accounting
This International Women’s Day, Cottons Group stands in solidarity with the global movement towards gender equality, reflecting on our own efforts to cultivate a workplace where women’s careers can flourish unimpeded by outdated societal norms.
SRA audits: How to keep your firm on track
Stay compliant with SRA audits. Our clear guide helps your firm protect client funds and meet the latest requirements.
Changes to Inheritance Tax
Learn about the latest changes to Inheritance Tax (IHT) from the October 2024 Budget, including updates to Agricultural and Business Property Relief. Discover how these reforms may impact estate planning and what steps to take next.
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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.
