Business Advisory - Champion Accountants

Champion Round-Up | 4th April

On April 4, 2024 / Business Advisory

Champion Round-Up | By Ged Cosgrove, group managing partner As we return from the Easter break, change looms on the horizon, not just in the form of shifting seasons and longer days, but also in ways that will impact businesses. Last month, chancellor Jeremy Hunt unveiled what

GUEST ARTICLE: Giving feedback? Here are some things to consider first

On April 4, 2024 / Business Advisory

Research shows we want more feedback at work – it’s an essential part of improving and developing in the workplace. However, for feedback to be beneficial, it must be delivered well. Here are some practical points to consider on how to give out constructive criticism without deflating the

Chancellor’s Budget Statement 2024 – Champion’s Reaction

On March 6, 2024 / Business Advisory

Chancellor Jeremy Hunt stood at lunchtime today and delivered his last Budget speech before the hotly anticipated 2024 Parliamentary election, in what was likely the noisiest and most disrupted Budget session that we’ve seen in the last twenty years. While the Budget contained plentiful investment announcements, forward

Champion Round-Up | 7th February

On February 7, 2024 / Business Advisory

Champion Round-Up | By Ged Cosgrove, group managing partner This time of year will find many of us looking ahead, predicting what is to come, and strategising for success. This is a useful moment in the calendar, and an opportunity to shake off anything that’s been needlessly

Jet setting success: Travel World takes flight with Champion

On January 10, 2024 / Business Advisory, Audit & Accounts

Online holiday agent Travel World sells holidays and cruises to travel-loving consumers. Key to its operations are licences awarded by I.A.T.A., A.B.T.A. and A.T.O.L./CAA, and so in order to trade, Travel World must meet strict criteria from these organisations. Prior to Champion Accountants’ appointment, audits were causing

Champion Round-Up | 20th December

On December 20, 2023 / Business Advisory

Champion Round-Up | By Ged Cosgrove, group managing partner What a year it’s been. In our own business and amongst our clients, we’ve seen extraordinary growth, ingenious innovation, and relentless determination. All four Champion practices – Manchester, Preston, Blackpool and Chester – have experienced continued growth. This

GUEST ARTICLE: Protecting your business through cross-border trading and fluctuating exchange rates

On December 19, 2023 / Business Advisory

Written by Mike Wainwright, head of UK partnerships at Corpay Does your business trade in multiple currencies? Are you confident you’re doing so efficiently? Upping the efficiency of any cross-border trading you carry out – whether it represents a small or large portion of your income –

HMRC checks in with Airbnb hosts

On November 28, 2023 / Tax, Business Advisory

In recent months, Airbnb has handed over data regarding user activity to HMRC, who, in turn, has begun contacting Airbnb hosts, requesting they file any undeclared earnings from the home-sharing site. Some reports assert that 19,000 Airbnb hosts have received letters from HMRC, alerting them that the

Autumn Statement 2023 – Champion’s Reaction

On November 22, 2023 / Tax, Business Advisory

Today, chancellor Jeremy Hunt outlined his Autumn Statement and key decisions affecting the nation’s finances. Despite the Office for Budget Responsibility (OBR) downgrading UK economic growth forecasts for 2024 (1.8% down to 0.7%) and 2025 (2.5% down to 1.4%), Mr Hunt promised that his 110 measures announced

Champion Round-Up | 8th November

On November 8, 2023 / Business Advisory

Champion Round-Up | By Ged Cosgrove, group managing partner We recently welcomed a new cohort of budding trainees at Champion, a tradition – and landmark moment – we uphold each year. The arrival of fresh new talent across all our offices is poignant for so many of