Ltd company vs sole trader – it’s a question we’re asked often. There are ups and downs to both, so here’s what you need to know.
Limited company vs sole trader: what’s best for you?
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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.
OakNorth Bank: enabling a secure business acquisition strategy
In a rapidly evolving business landscape, Cottons, has demonstrated its commitment to creating a comfortable and secure process for business acquisitions. This is largely due to its recent strategic partnership with OakNorth Bank, the UK’s leading business and property bank.
Cottons officially turns 40 years old!
We are thrilled to announce that Cottons is marking a major milestone: four decades of providing reliable accountancy services. Since our establishment in 1983, we have been dedicated to delivering personalised solutions and staying committed to our clients’ success. Over the years, we have grown alongside our clients, adapting to changing financial landscapes and technological advancements.
Making sense of what you need in place before the Making Tax Digital deadlines
Repeated delays to MTD for ITSA have left many taxpayers uncertain of their obligations. Here’s what you need to do before the Making Tax Digital deadlines.
Inheritance tax planning advice: thresholds, gifts and trusts
We look at some general inheritance tax planning advice to help you manage any future potential liability. If you need advice, get in touch.
Discover the power of Xero, the cloud accounting solution for businesses still reliant on spreadsheets and bridging software
Still using spreadsheets to maintain your business’s VAT records? Let us explain what Xero can do for your business that bridging software can’t.
Recent posts
Accountants for creatives: Tax, expenses, and profit
Finding your way through the tax, expenses, and profit landscape need not be a complex task, especially with accountants for creatives by your side.
Financial tips in small bites: navigating challenges in the hospitality sector
Facing challenges like high costs and labor shortages, the hospitality sector needs effective strategies now more than ever. This article offers key tips such as optimizing cash flow, strategic pricing and enhancing customer experiences.
Expenses for content creators: Reducing your tax bill
Cottons guides content creators through the maze of allowable expenses, helping to minimise tax liabilities, while maximising income.
Navigating tax year end: 13 Financial planning tips before Tax Year End on 5th April 2024
With the tax year ending on April 5, 2024, it’s time to get smart about your money. These 13 financial planning tips will help you make the most of your savings and investments before new tax rules kick in.