SMES ARE MISSING OUT ON TAX BREAKS

Start-ups and small to medium-sized businesses across the North West are potentially losing thousands of pounds by failing to take advantage of lucrative tax breaks. Champion Accountants is urging local entrepreneurs to be pro-active and reap the benefits of the Annual Investment Allowance (AIA). Doubling the allowance

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Free Retirement Guidance Should Be Independent

There is widespread support for government proposals to provide free retirement guidance but more than half of over-55s think it should come from an independent, consumer body. Chancellor George Osborne announced plans at the 2014 Budget to guarantee all retirees with a defined contribution pension “free, impartial

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Retirement Savings At 5 Year High

More than half (53%) of people are now saving adequately for retirement, according to a survey by Scottish Widows. This is an 8% increase compared with 2013 and is the highest level since 2009. It is also the biggest ever year-on-year increase. Scottish Widows defines adequate savings

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Small Firms Rely on Planning, Not Luck

Luck does not play a big role in a firm’s success according to nearly three quarters of small business owners, research by software provider Sage has found. In a survey of more than 1,000 UK small business owners, just 28% of respondents felt that luck had a

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Champion Triumphs in Ironman Challenge

Champion’s Head of IT has successfully completed the grand daddy of all endurance races. Simon Turtington, 39, from Lowton, joined more than 2,000 athletes from around the globe to take part in the UK’s 10th annual Ironman challenge on Sunday 20 July. The 140.6 mile pursuit kicked

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Champion Makes 45KG Food Donation

Champion Accountants’ Manchester office has recently donated 45kgs of food to Salford Food Bank. During a two-week food drive, Champion team members were encouraged to contribute non-perishable items such as cans, cereals and cakes, which would be used to create emergency food parcels for members of the

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Champion Employs a Magnificent 11

Champion has recently appointed eleven new team members, following a period of growth. Audit & Accounts Trainees, Charlie Rooney and James Sloane, have joined our Manchester headquarters along with Payroll Administrator Rebecca Hall, Tax Administrator Cody Goldsbrough, Administrator Daniel Williams, Payroll Administrator Victoria Vickers, New Business Administrator

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Champion Supports Blackpool Sixth Form

Champion Accountants is delighted to be sponsoring the award for Outstanding Performance in Debating at the annual Blackpool Sixth Form College Student Awards. The ceremony, which takes place in the Sixth Form theatre on Wednesday 25th June, recognises academic excellence and achievement in areas such as sport,

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Auto Enrolment Increases Pension Membership

The percentage of private sector employees in a workplace pension scheme increased from 26% in 2011 to 35% in 2013 according to research commissioned by the Department for Work and Pensions. The Employers Pension Provision survey shows that at the time of the research, 2% of private

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Company Cars Advisory Fuel Rates Update

HMRC has announced changes to the advisory fuel rates for company cars. The rates are to be used where employers either reimburse employees for business travel in their company cars, or require employees to repay the cost of fuel used for private travel. The latest rates apply to

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