For many businesses, month-end reporting still involves manual data entry, spreadsheet reconciliation and reviewing historic figures weeks after the event. By the time reports reach decision-makers, opportunities may already have passed or issues may already have escalated. In a fast-moving business environment, delayed financial insight can come
Read more →The Government’s decision to increase Agricultural Property Relief (APR) and Business Property Relief (BPR) thresholds to £2.5m per individual was welcomed by many farming families and business owners. For a large number of estates, the changes reduce immediate concerns around inheritance tax (IHT) exposure and succession planning.
Read more →How to use management accounts to communicate effectively with stakeholders Management accounts are one of the most valuable reporting tools available to business owners and leadership teams. Beyond supporting day-to-day decision-making, they provide the financial insight needed to plan ahead, monitor performance and drive sustainable growth. But
Read more →Champion Round-Up | By Ged Cosgrove, group managing partner The UK’s owner-managed businesses are once again navigating a period of global economic uncertainty. Over the past two decades, they’ve weathered a financial crisis, a pandemic, and a cost-of-living surge – and now face yet another period of
Read more →Envoy Human Capital is a commercially focused HR consultancy supporting SMEs across the UK, working alongside business owners and directors to help them navigate employment legislation, manage people risk, resolve employee relations issues, and build confident, compliant workplaces. Because for SMEs, people risk is business risk –
Read more →Yesterday the Chancellor delivered the 2026 Spring Statement, providing an update on the UK economy and the latest forecasts from the Office for Budget Responsibility (OBR). As expected, the Statement was largely an economic update rather than a major policy event, with no significant new tax announcements
Read more →For any owner-director of a growing business, maintaining a clear and complete view of company finances is non-negotiable. Yet as a business scales, complexity increases. Revenue streams diversify, costs fluctuate, teams expand, and strategic decisions become more nuanced. Maintaining a precise, actionable understanding of financial performance from
Read more →From April 2027, landlords in England, Wales and Northern Ireland will face a 2% increase in income tax on rental profits – a change that will create a distinct tax regime for property income and materially affect investment returns. David Herd, Group Partner at Champion Accountants, explains
Read more →Following intense public pressure, the UK government has more than doubled the threshold for Inheritance Tax (IHT) relief on farming and business assets that qualify for Agricultural Property Relief (APR) and Business Property Relief (BPR). Originally announced in the Autumn Budget 2024, the threshold for APR/BPR had
Read more →Champion Round-Up | By Ged Cosgrove, group managing partner How many of us start the day scanning the headlines and business updates? I know I do. And recently, the picture painted isn’t exactly uplifting – declining confidence, economic contraction, rising costs and large businesses entering administration. At
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