Yearly Archives: 2020

A view from the top | Friday 31 July Edition

July 31st, 2020

A view from the top | By Ged Cosgrove, group managing partner The Coronavirus has brought with it many uncertainties that are proving to be transformational for some businesses, whilst others face a minefield of issues. For every company that is taking measures to prepare for the worst-case scenario they feel is yet to come, […]

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Solicitors: preparing for the PII renewal season

July 30th, 2020

In this article, John Jones, MD of Champion Professional Risks – our specialist Professional Indemnity Insurance (PII) division – talks about the impending PII renewal season for solicitors. This includes the considerations to be made and the pitfalls to avoid for Solicitor Practices when looking at their Professional Indemnity placement. Up until 2014 all Solicitor […]

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Employed vs self-employed: what to consider when claiming R&D tax relief

July 24th, 2020

We have this conversation with all our R&D (research and development) clients: the difference in the rate of tax relief between PAYE employees and sub-contractors. Many reasons determine whether an individual is employed or self-employed; far too many to list within a short piece. When the business has driven the situation – perhaps due to […]

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Brewery toasts equity raise and Crowdcube success

July 20th, 2020

Ambitious businesses always have one eye on the next big step in their journey. It might mean launching new services, purchasing a larger premise or expanding overseas. However, not all businesses have the capital sitting in the bank to put those plans in place. Thankfully, there are numerous ways of raising equity to make these […]

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A view from the top | Friday 17 July Edition

July 17th, 2020

A view from the top | By Ged Cosgrove, group managing partner The age-old saying, ‘fail to prepare and you prepare to fail’, has never been more relevant. Though the economy is in a state of flux, many businesses feel that COVID-19 hasn’t impacted them too greatly… yet. The fact is that the reality of […]

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How will today’s Summer Economic Update affect you?

July 8th, 2020

Today’s Summer Economic Update (or “Emergency Budget” as it has been dubbed) enabled the Chancellor to set out the Government’s second phase response with a targeted ‘Plan for Jobs’; the principal purpose is to support the UK’s economic recovery while continuing to prioritise people’s health. The Government’s initial response was to support families and businesses […]

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Deadline for SEISS first grant is approaching

July 7th, 2020

The deadline for businesses eligible for the first Self Employment Income Support Scheme (SEISS) grant is approaching; all claims must be made by Monday 13th July. The scheme was introduced to support your self-employed business if it had been adversely affected by the Pandemic. Businesses must have been adversely affected by coronavirus when they claim the […]

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CBILS and SME R&D Tax Relief

July 3rd, 2020

With the Coronavirus causing cash flow issues for many, businesses have been increasingly looking towards the Government’s CBILS (Coronavirus Business Interruption Lending Scheme) initiative. What many haven’t realised is that the receipt of CBILS counts as notified state aid. When assessing whether a business is eligible to claim SME R&D Tax Relief, it first must […]

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The hidden pitfalls of Government COVID-19 lending schemes

July 2nd, 2020

Throughout the Coronavirus pandemic, we have remained committed to clients to help them navigate the many different business finance schemes introduced by Government. The situation we are facing can feel overwhelming; and for those who have worked for years to make successful businesses which are now at risk, being able to make a judgement on […]

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Update on CJRS and SEISS

June 24th, 2020

Furlough Update We are about to enter a phase where the changes to the Furlough scheme, announced by the Government earlier this month will start to take effect. You will find the HMRC advice through this link: https://www.gov.uk/government/publications/changes-to-the-coronavirus-job-retention-scheme/changes-to-the-coronavirus-job-retention-scheme. However a brief summary of the changes is set out below. The CJR Scheme will close on […]

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Latest News

A view from the top | Friday 31 July Edi...

July 31st 2020

A view from the top | By Ged Cosgrove, group managing partner The Coronavirus has brought with it m...

Solicitors: preparing for the PII renewa...

July 30th 2020

In this article, John Jones, MD of Champion Professional Risks – our specialist Professional Indem...

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