Covid-19

This week in review: 20 – 24 April

April 24th, 2020

CJRS: In general It’s been a busy week since HMRC opened its CJRS portal on Monday morning and we began making the first of our clients’ furlough claims. Overall, the portal seems to be coping with the sheer volume of claims being made nationally. Official figures state that as of close of business on Monday […]

READ MORE »

At a time when cash flow is critical, have you considered R&D?

April 22nd, 2020

The most common misconception about Research and Development (R&D) Tax Relief is that it’s only available to lab coat companies and software houses, but this couldn’t be further from the truth. R&D Tax Relief is available to all limited companies that seek to achieve an advance in science or technology in their industry. Things such […]

READ MORE »

Self-Employment Income Support Scheme (SEISS) Grant Update

April 17th, 2020

HMRC has issued an update on just how it intends to calculate your eligibility for the Self-Employment Income Support Scheme (SEISS) grant. Whilst the claim service is not yet available, HRMC aims to contact you by mid-May 2020 and make payment by early June 2020. It will be available for three months but may be […]

READ MORE »

Coronavirus Job Retention Scheme (CJRS) Grant Claim Update

April 16th, 2020

HMRC has now issued detailed guidance on how a business may make a Coronavirus Job Retention Scheme (CJRS) grant claim. The online claim service will be launched on GOV.UK on Monday 20 April 2020. HMRC has advised that you should not try to access the claim portal before this date as it will not be […]

READ MORE »

Coronavirus Business Interruption Loan Scheme (CBILS): the view from the banks

April 9th, 2020

With much confusion around the CBILS, we spoke with a trusted contact of ours from one of the leading high street banks to gather their insight and practical pointers. Here’s what we learnt: Lending decisions The starting point for a lender in terms of assessing whether to lend is the long-term viability of the business […]

READ MORE »

COVID-19: Job Retention Scheme and guidance dealing with HMRC

April 8th, 2020

Gradually, we are seeing further information and guidance being released by Government which is helping to answer our clients’ questions and provide more clarity and certainty around the raft of economic reliefs and financial support made available due to COVID-19. Coronavirus Job Retention Scheme (CJRS) The full details of CJRS can be found here: https://www.gov.uk/guidance/check-if-you-could-be-covered-by-the-coronavirus-job-retention-scheme […]

READ MORE »

Tax relief for Limited company landowners / property developers

April 7th, 2020

Cash is king during a global pandemic like COVID-19. Taking the world by complete surprise and having a dramatic impact on many businesses, it has made many owners realise just how important positive cash flow can be and work to find new ways to mitigate risk to their working capital and ensure business continuity. With […]

READ MORE »

Further updates on Business Funding Options

April 3rd, 2020

Emergency Loan Schemes Following on from our ‘Preparing for Business Funding’ update earlier this week, the Chancellor has today announced further assistance to those wishing to seek additional finance under the Government’s Emergency Loan Schemes. Following widespread reporting that the Coronavirus Business Interruption Loan Scheme (CBILS) was proving too onerous and wasn’t reaching SMEs, the Chancellor […]

READ MORE »

COVID-19: Small Business Grant Scheme funding

April 2nd, 2020

Small Business Grant Scheme funding We’ve already touched upon the support available for those organisations which pay little to no business rates, and the start of a new month brings with it the arrival of further updates. Local authorities have begun issuing letters to those eligible for funding under the Small Business Grant Scheme, which […]

READ MORE »

COVID-19: Preparing for Business Funding and Furloughing Employee Templates

April 1st, 2020

Preparing for Business Funding Over the last 10 days, Champion has helped a number of clients across the Group prepare funding applications for their businesses, which has spanned overdrafts, invoice discounting facilities, asset finance and term loans. There is a common theme to the type of information that funders are requesting. As a guide, the […]

READ MORE »

1 2 3 4
Latest News

Champion adds spark to Symmetrical Power

September 14th 2020

Bringing a new product to market requires multiple elements; tenacity, resilience, and the upfront c...

Champion Round-Up | Friday 11 September

September 11th 2020

Written by Ged Cosgrove, group managing partner  Over recent months, numerous sectors have had the...

Focus
management accounts

Xero | Making Tax Digital Why Xero accounting is the digital tax platform for you ...

management accounts

Sage Business Cloud | Making Tax Digital Why Sage Business Cloud or Sage 50cloud is...

SPOTLIGHT ON R&D

Procter's Cheeses

Procter's Cheeses

Leading cheese manufacturer, Procter's Cheeses, has been developing its products for almost 30 years and produces more than 200 tonnes of cheese each year.

Our Tweets

Champion Accountants

Growth Protection Core Support Menu
Contact