Yearly Archives: 2020

Latest Covid-19 Funding Options Announced By The Government

October 13th, 2020

The lockdown restrictions across the UK have become ever more complex, with the government having introduced a tiered system which is to be implemented on a regional basis. Businesses across the country are all being affected by this, with lots of the proposed measures inflicting economic uncertainty on communities. Last Friday (9th October), ahead of […]


Champion Round-Up | Thursday 8 October

October 8th, 2020

Written by Ged Cosgrove, group managing partner  In today’s fast-changing environment, companies must focus on increasing their agility and building resilience to mitigate the effects of the ongoing pandemic, whilst continuing to undertake all necessary duties and responsibilities. One such responsibility of the Directors is to carry out detailed and demonstrable assessments to ascertain whether […]


Chancellor outlines Winter Economy Plan

September 24th, 2020

Having cancelled this year’s Autumn Budget, the Chancellor revealed his armoury of measures that make up his ‘Winter Economy Plan’. During what was a short, concise speech, Rishi Sunak confirmed that the proposals intend to ‘manage the virus, jobs and the economy over the winter period’. He also explained how ‘the next phase of support must […]


Champion adds spark to Symmetrical Power

September 14th, 2020

Bringing a new product to market requires multiple elements; tenacity, resilience, and the upfront capital to secure the talent necessary to drive the launch forward. For those who utilise crowdfunding to support this type of project, it can come with several complexities. Manchester-based Symmetrical Power appointed Champion Accountants to help it overcome the associated challenges […]


Champion Round-Up | Friday 11 September

September 11th, 2020

Written by Ged Cosgrove, group managing partner  Over recent months, numerous sectors have had the most turbulent time they will ever experience, while employers and employees have faced novel challenges. Whilst positive stories have emerged from the UK, we must remain vigilant and focus on the practical steps needed to ensure we can emerge from […]


Developers urged to claim SDLT rebate on uninhabitable properties

September 10th, 2020

Client: Property development company Geographic location: Hazel Grove, Cheshire SDLT refund: £8,300 plus interest Established in 2013, this property development client was keen to expand its portfolio of residencies for refurbishment across the North West. Having purchased this home through a limited company and priced above the £125,000 threshold for paying Stamp Duty Land Tax […]


Going digital: a seamless transition from Sage to Xero

September 4th, 2020

Every business is different. So, it makes sense that not every digital accounting platform will work for every business. Instead, companies should take the time to understand the different solutions available and choose one which suits their needs. Or, they should employ a specialist like Champion Accountants to make the decision on their behalf. Lynx […]


Champion Round-Up | Friday 14 August

August 14th, 2020

Written by Ged Cosgrove, group managing partner  As we edge closer to the end of some of the Government’s emergency Coronavirus business support schemes, HMRC is now turning its attention to those who have taken deliberate advantage or unknowingly claimed in error. HMRC has begun issuing letters to business owners who have utilised the Coronavirus […]


Small businesses to benefit from new Government grant

An extra £20m of funding has been made available for small businesses in England that have been affected by the Coronavirus pandemic. Here’s everything you need to know, and how you can apply for the grant. What is available to small businesses? The Minister for Regional Growth and Local Government has announced that grants ranging between […]


Beware of phishing scams and fraud during COVID-19

August 13th, 2020

As more of the Government’s emergency finance schemes to help businesses affected by the pandemic become available, we are issuing another warning to be extremely vigilant about any communications you receive. The second payment from the Self-Employment Income Support Scheme (SEISS) is due to be released this month, and already scammers are taking advantage of […]


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