Millions of older savers have been given the opportunity to boost their retirement income by topping up their state pension. The scheme, known as Class 3A, enables voluntary top ups of up to £25 per week (£1,300 per year) for those already in receipt of a state pension or due to receive one before 6 […]READ MORE »
Yesterday the chancellor set out his first all-Conservative Spending Review and Autumn Statement, revealing his party’s economic goals for the next five years – and by anyone’s standards, George Osborne is intending to spend a lot of money. It isn’t immediately obvious how it will all be paid for, but if the OBR’s (Office for […]READ MORE »
Recent statistics from HMRC have revealed a 23 per cent increase in SME R&D tax relief claims, with the total number during the last year rising from 13,140 to 16,160. Despite the growth, HMRC estimate that this figure is still less than 10 per cent of all eligible SMEs. The ability to claim R&D tax […]READ MORE »
One of the key announcements from the summer Budget was George Osborne’s complete overhaul of the dividend taxation system. From April 2016, dividend tax credits will be scrapped and replaced by new rates of taxation for all limited company shareholders. Every taxpayer will be entitled to a new £5,000 tax-free dividend allowance, which is in […]READ MORE »
North West business advice specialist, Champion Accountants, is urging individuals across the area to declare any unpaid overseas tax before time runs out. Less than 100 days remain before people lose the right to disclose any unreported liabilities connected with assets held overseas under far more favourable terms than usual with HMRC. Known as the […]READ MORE »
Running a business is no mean feat, with owners having to juggle a number of different hats on a daily basis. Tax may not be the most exciting part of running your own company, but it’s an unavoidable responsibility that we all must tackle at some point. To help you get to grips with the […]READ MORE »
Four young people have commenced new careers in financial services thanks to an Apprenticeship programme with business advice specialist, Champion Accountants. The quartet joins the group as audit and accounts trainees, with Daniel Kiziltas, 24, Thomas Brocken, 18 and Emma Jane Savage, 18, being appointed by the Blackpool office, whilst Georgia Mayor has joined the […]READ MORE »
Managing cash flow can be a challenge for every seasonal business, which is why owners must do all they can to govern it wisely and diligently. With cash flow being one of the most commonly mismanaged elements during seasonal downturns, here are our five best preparatory strategies to ensure your business can ease the cash […]READ MORE »
Champion Accountants has bolstered its business advisory services division with three new hires across the group. Employed at different levels across the business, the quintet brings with it a raft of experience spanning 35 years. Two new team members have been appointed to the firm’s headquarters in Manchester – audit and accounts senior, Amy Hesford […]READ MORE »
Despite only around 8 per cent of parents expected to utilise the new Shared Parental Leave entitlement, the major reforms mean it is crucial that businesses understand the legislation and its implications, whatever the volume. A revolutionary reform? In a bid to offer families greater flexibility, parents can decide who stays at home and who […]READ MORE »
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