More than a quarter of employees dream of running a business, according to a survey from Lloyds Bank Insurance. The report reveals that 26% of workers have entrepreneurial aspirations but the fear of taking a risk is preventing a third from starting a business. Nearly half (48%)
Read more →Budget 2014 introduced new measures affecting loss making SMEs undertaking research and development activities. Group Tax Director Gill Molloy explains how businesses could now recover up to 32.6% of costs. Loss making SMEs with no corporation tax liability could be eligible for a cash payment, known as a “Research & Development (R&D)
Read more →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
Read more →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
Read more →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
Read more →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
Read more →A number of changes to employment rules and regulations came into force with the start of the new financial year on 6 April. These changes cover a number of areas, from employment tribunals and discrimination, to everyday areas such as auto-enrolment and maternity pay. The key changes
Read more →The unemployment rate fell by 77,000 to 2.4 million between December 2013 and February 2014, according to figures from the Office for National Statistics (ONS). The official unemployment rate now stands at 6.9%, the lowest since February 2009. Between December 2013 and February 2014, 30.39 million people
Read more →Small and micro businesses need the same level of protection as consumers when buying utilities, according to the Federation of Small Businesses (FSB). The FSB argues that many small businesses are disadvantaged when choosing energy or water providers as they lack the resources and negotiating power of
Read more →Champion Accountant’s sister company Champion Insurance Brokers has renewed its sponsorship deal with local Evo-Stik 1st Division North team Salford FC for the 2014/15 season. The sponsorship package will include Champion Insurance Broker’s branding on the team’s home shirts, plus various advertising opportunities online and at the
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