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.
Accountants for Content Creators
Content creators have multiple income streams and ways to monetise. Financial planning is key to managing these unique revenue streams. We take a look at some of the challenges Youtubers, Tiktokers and other content creators may face in their accounting and how we can...
Are your HMRC letters genuine? How to spot and handle a potential scam
Beware of fraudulent HMRC letters targeting business owners. These scams demand immediate payment for non-existent tax debts and use intimidating language to coerce victims. Learn how to identify these fake letters, protect yourself and what steps to take if you receive one.
The FHL regime will be abolished from April 2025: What this means for furnished holiday let tax rules
Furnished holiday let tax rules will be abolished in April 2025, bringing many changes. It’s crucial for property owners to understand what this means.
Reflecting on what matters and how to plan for business growth
Discover how to plan for business growth and personal success through proactive planning. This article explores how taking time to reflect can help you stay focused, achieve financial security and ensure long-term success. From succession planning to staff motivation and wealth protection, learn key strategies to future-proof your business and life.
Airbnb hosts: How much Airbnb tax will you pay and how can you save?
There are many responsibilities that come with running an Airbnb, one of them being reporting and paying your taxes. Find out how your Airbnb tax bill will be calculated.
Accountants for eCommerce and online businesses
Expert accountants for eCommerce and online businesses. Cottons helps navigate digital finance complexities, ensuring compliance and growth.
Recent posts
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.
Grant audit essentials: Understanding the process and why they matter
A grant audit is vital for compliance and growth. Learn how to prepare and protect your funding.
Pensions and Inheritance Tax
For the past few months since Labour’s Budget, I have been asked by many people about the changes to Business Relief, Agricultural Property Relief, Employer National Insurance and Capital Gains Tax (CGT). However, the question that I have been asked above all is the proposal that pensions will be included in the estate for Inheritance Tax (IHT) purposes from 2027.
How to prepare your business for an audit
Learn when your business needs an audit, how to prepare your business for an audit effectively, and what auditors examine.
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