Professional services
Professional support for professional services
We understand the unique accounting and taxation requirements put upon people in the professional services industry, for example solicitors.
We have worked with many firms that have evolved through various restructures from sole traders to partnerships, LLPs and companies, with partners joining and retiring along the way. So, we know how to guide and advise you through the changes to your structure and taxes.
Our team can also advise you on SRA audits, ensuring everything is up to scratch and compliant.
It’s not only solicitors who can benefit from our in-depth and comprehensive knowledge, but wealth managers, financial advisors, financial planners, bankers and even fellow accountants all trust us to look after their affairs. .
The team at Cottons will take the reins and get to work on all of your compliance and regulatory burdens, allowing you to focus your time on your own business and clients.
We will take care of the smaller, yet still essential, administrative jobs you have to carry out in your day-to-day, such as:
- Payroll
- Statutory and management accounts
- Bookkeeping
- VAT and tax flings and compliance, both business and personal
- Corporate tax services
- Software solutions.
Should you need it, we will also work closely with you to plan out your succession if you’re thinking about an exit plan for your retirement. By getting ahead of this, you’ll be able to continue working knowing that all of the essential steps have been taken to hand over your firm or practice.
If you’re ready to take the next step please get in touch.
Want to take the next step?
If you're looking to further your business, our team is waiting to hear from you.
How we help
Accounts & outsourcing
Complete accounting solutions – from management accounts to outsourcing support.
Our accounting services
Tax services
Covering the basic and the complex. Saving you time and money wherever possible.
Our tax services and advice
Corporate finance
From mergers and acquisitions to MBOs, we will help things run effectively and smoothly.
Corporate finance services
Audit & assurance
Sharp-eyed, thorough auditors with a promise to prioritise efficiency and accuracy.
Audit & assurance services
Business advisors
Providing practical advice on how to strengthen your business's structure and push forward.
Business advisory services
Our latest insights
From industry news to opinions from our experts, we’re all about sharing useful information and insight.
It can be hard to keep track of all the financial and regulatory changes or news you need to stay on top of when you’re running a business – but that’s why we’re here. In our blog, you’ll find useful updates and information from our team, stripped of jargon and made easy to understand.
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...
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...
Understanding accountant fees for capital gains tax advice
Accounting for capital gains tax (CGT) can be complex, so how much does professional advice cost? Find out here.
Understanding accountant fees for capital gains tax advice
Accounting for capital gains tax (CGT) can be complex, so how much does professional advice cost? Find out here.
Ready to connect?
If you’re curious about how we can help you, please reach out: our team is very keen to hear from you.
