Daventry: 01327 879090
Northampton: 01604 632116
Rugby: 01788 579033
London: 0203 487 1107
Cottons Corporate Finance: 01788 579033
If you are earning money through any means other than PAYE then you must complete a self-assessment tax return each year to declare that income and calculate the amount of tax you owe.
Directors and shareholders extracting dividends, property and goods traders and the self-employed are all subject to self-assessment and must complete their annual personal tax return detailing income from all sources by 31st January the year following the end of the tax year.
Failure to comply with self-assessment regulations can result in stressful penalties.
As an individual you need only complete one self-assessment tax return each year. This document will detail all of your income sources no matter how many or how complex your situation.
If you need help with self-assessment then talk to us. Our experienced accountants and tax advisors will ensure that your returns are filed on time and your tax liability is correct. We can even advise you on how best to keep your records to ensure your returns are at their most efficient each year.
A look at the journey of Cottons Chartered Accountants as we celebrate our 35th anniversary…
When it comes to selecting an accountancy firm, businesses can feel a little overwhelmed by the range of choice presented on the local market. It is easy to be intimidated by approaching a larger accounting firm. There is a common belief that the high level of service offered by these larger accounting firms comes at a greater cost.
Our very own tax expert, Matthew Harrison has written an article for Green Umbrella in which he discusses why it could be the end of the line for tax free PILONs
On Sunday 1st July 2018, Cottons Chartered Accountants were proud to sponsor Daventry’s Cycle Sportive, an event designed to get the entire community out on their bikes at the same time as supporting Cancer Research UK and the MacMillan Cancer Trust.
It’s been a busy month here at Cottons, We’re moving forward with our app, Making Tax Digital initiatives, local partnerships & events and staff development. What’s more, we are adding new members to our team as our firm continues to grow.
Our property tax experts have put together this definitive list of all recent changes to property taxes and given advice on how to manage them.
On Tuesday 5th June, Will Smart, a Partner from our Northampton branch, attended the first Leamington Landlord and Investor event put on by Newman Property Experts.
Why business owners need to face up to the challenge of Mobile and Smartphone growth