Help & Advice

Digital accounting made simple for city cathedral

January 7th, 2020

With such a huge amount of digital accounting platforms available to choose from today, often businesses who self-select a software without taking advice on which would best suit their needs, end up with an expensive package that just doesn’t quite do the job. As a must-see attraction in the North West, Chester Cathedral is a […]

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How backwardation could equal big energy savings for your business

December 2nd, 2019

During the past five years wholesale gas and electricity prices have been rising rapidly, until a recent shift which saw the market enter a state of backwardation. Backwardation occurs when the current price of a commodity is higher than its future trading market price. In the case of UK energy, this current state makes now […]

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Domestic violence and abuse: spotting the signs in your workplace

November 25th, 2019

Consider the reasons a member of staff might call in to request leave from work. Perhaps they have a long-term medical condition, which is particularly aggrieving them lately. Maybe they’re suffering with stress and need a ‘home day’ to realign, knowing some time out today will make for a better tomorrow. A relative may have […]

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Trusts and transparency: preparing for the Fifth Directive

November 6th, 2019

In a bid to combat the threat of financial crime and money laundering throughout EU member states, new rules will soon come into force that will affect Trusts and their Trustees. Despite Britain’s exit from the EU still largely undecided, the Treasury has announced its commitment to rolling out the Fifth Anti-Money Laundering Directive (5MLD) […]

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Scam warning: HMRC phone fraudsters

October 28th, 2019

We’ve recently been contacted by a number of Champion Accountants clients, informing us that they have received telephone calls from people posing as HMRC employees. During the calls, these people are making claims that the individual owes HMRC overdue tax, or even that they have identified irregularities or tax fraud on the person’s record. This […]

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Windows 7’s days are numbered – do you need to upgrade?

October 4th, 2019

Windows 7, the desktop operating system from Microsoft and Windows 2008 R2 Server (the server platform), will no longer be supported by Microsoft from 14th January 2020. The lifecycle for the technology ends on this date, meaning Microsoft will not release software updates, security updates and fixes after January 14th, nor will they provide any […]

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Specialist tax services for social media influencers

October 1st, 2019

The mismanagement of a business’s finances can cost millions. Juggling money is challenging for the most experienced business owner, but for those who find themselves suddenly in the throes of success within a brand new industry, it can prove a minefield. Here at Champion Accountants, our specialist tax advisors were referred to a family with […]

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Delayed: VAT reverse charge

September 10th, 2019

An important update for those in the construction industry, as HMRC has announced that major changes to VAT administration are to be put on hold until next year. Originally due to come into force from October 2019, the domestic reverse charge will now be implemented from 1st October 2020. The Government has stated that the […]

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GUEST SPOT: Unlocking funding for your business

July 30th, 2019

At the Development Bank of Wales, we provide loans and equity investments to Welsh businesses, or those willing to move here. Established by the Welsh Government, our aim is to unlock the potential in the Welsh economy by increasing the provision of sustainable, effective finance. Through our work with the business community, we invested £80million […]

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Non-compliant employers face pension spot checks

July 25th, 2019

Businesses that fail to comply with auto-enrolment rules could be caught out as The Pensions Regulator (TPR) continues its campaign of spot-checks this summer. New rates for auto-enrolment came into force in April this year, meaning that businesses must ensure that a total minimum contribution of 8% is reached for each employee. As part of […]

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