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.
Making Tax Digital (MTD) – what you need to know about upcoming HMRC letters
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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.
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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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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.
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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gender equality, reflecting on our own efforts to cultivate a workplace where women’s careers can flourish unimpeded by outdated societal norms.
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.
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.