Welcome to Grant & Co

Are you...

  • Looking for a pro-active accountant who’ll help you make more profit & pay less tax?
  • Starting out in business & need financial guidance & advice?
  • Struggling with your Self Assessment tax return?

Grant & Co are an independent firm of Chartered Accountants, based in Cheltenham, Gloucestershire.

We offer a comprehensive range of cost-effective accountancy, taxation and financial services to businesses and individuals alike. We work hard to get to know you so that we can deliver personalised, timely advice on how you can improve your personal and business wealth.


We invite you to utilise our professional expertise and skills to help you achieve your goals. Think beyond the traditional role of the accountant. We have the knowledge to assist with every stage of the life of your business from company formation and business structuring; to financial and Corporation Tax planning; to outsourcing functions such as bookkeeping, payroll and VAT; through to business succession or selling your business. We aim to actively contribute to your success and you will find our approach modern and constructive.


We take time to understand your aims & objectives in order that we can provide the highest quality of advice on Self Assessment, tax planning, Inheritance Tax, estate planning and trusts. Tax can be a complex and confusing subject and you will appreciate the value of having an adviser who will both clarify and optimise your tax position.

To find out more about how we can help you and your business click here for an overview of our services. To find out more about us click here. To access a wealth of information visit our resource centre or view our free factsheets.

Free Tax App from Grant and Co

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FREE initial consultation call 01242 223160 or use the Contact Form.

Services Individuals & businesses

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We have a range of accountancy and support services to suit both businesses and individuals.

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Resources Tools at your fingertips

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Access to really useful resources including: calculators, tax rates and allowances.

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Get in touch free initial consultation

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We would welcome the opportunity to assist you.

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The current hot topic

The future of cash

The UK has witnessed a decline in cash use for the past few years as electronic payments in multiple formats increase to take its place. This was a trend accelerated by the pandemic when health risks were added to the list of reasons not to use cash. Some predictions have suggested that the country could become cashless in little over a decade. However, the government has now begun to take steps to protect access to cash. Here, we look at the future of cash.

UK could go cashless

The Access to Cash Review was set up by ATM network provider Link to help understand how consumers use cash and how behaviours will change as we head into the 2030s. It predicted that society would be at the point of being ‘virtually cashless’ by 2035, with fewer than 10% of transactions being made in cash. Between March 2019 and March 2020, it found that 13% of free UK ATMs closed as they have become ‘economically unviable’.

There are fears that these issues with the country’s cash infrastructure will only get worse following the pandemic.

In addition, a growing number of retailers are ‘going cashless’ as they find the costs of banking cash rise, particularly as branches close making it more challenging to deposit their cash takings. This is already starting to exclude people.

Cash-free Covid

Data from the National Audit Office (NAO) shows how cash was used in 60% of transactions before 2010, but that number fell to less than 30% by 2019.

The data suggested that the Covid-19 outbreak may have accelerated this trend further, as market demand for notes and coins declined by 71% between early March and mid-April during the first lockdown of 2020.

Meanwhile, consumer group Which? Found that over a third of UK consumers were blocked from paying for goods with cash during the pandemic.

Which? surveyed more than 2,000 people across the country in and found 34% had had cash as a means of payment refused.

Vulnerable people

The NAO has warned that without co-ordinated effort there is a risk that vulnerable people who rely on cash will be excluded from the economy.

This was also reflected by a report commissioned by the Royal Society of Arts (RSA). This suggested that millions of individuals in the UK would struggle if cash was phased out as a form of tender.

Despite just 17% of payments being made with notes and coins, the RSA said that ten million people would struggle to cope in a cashless society.

An additional 15 million people stated that going cashless would make budgeting more challenging.

The report found that many individuals felt that they have been pushed into a world they’re ill equipped for, despite millions making use of contactless and smartphone payments.

New laws

The Access to Cash Review, NAO and RSA have all called upon the government to take action to protect the use of cash in the UK. And the government has responded with a provision in the Financial Services and Markets Bill, which will protect cash by ensuring continued access to cash facilities.

Under the new rules, the financial regulator – the Financial Conduct Authority (FCA) - will be granted new powers over the UK’s largest banks and building societies, to ensure that cash withdrawal and deposit facilities are available in communities across the country.

The FCA’s new powers will allow it to address cash access issues at both a national and local level. To support the FCA, the government will in due course set out its expectations for a reasonable distance for people to travel when depositing and withdrawing cash. This will reflect the existing spread of cash withdrawal and deposit facilities in the UK.

Economic Secretary to the Treasury, John Glen said: ‘Millions of people across the UK still rely on cash, particularly those in vulnerable groups, and today we are delivering on our promise to ensure that access to cash is protected in communities across the country. 

'I want to make sure that people are still able to use cash as part of their daily lives, and it’s crucial to ensure that no person nor community across the UK is left behind as we embrace a more digital world.'

Here to stay

Despite the dominance of electronic payments, cash is still the second most frequently used method of payment in the UK. Now, with the government taking steps to protect access to cash, it looks like it is here to stay for a while longer yet.