In its first Budget since coming to power, and the first Labour Budget in more than 14 years, the new government has communicated its intent to address a “£22 billion black hole” with a raft of “painful” yet necessary changes to the tax regime. David Herd, group
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In this year’s Spring Budget, the government announced it would be scrapping the existing furnished holiday lettings (FHLs) tax regime. A new measure, which will introduce specific tax treatment and separate reporting requirements for furnished holiday lettings accommodation, will come into effect from April 2025. This is likely
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Champion Round-Up | By Ged Cosgrove, group managing partner Champion is proudly renowned for its compliance-led services, but we’re far more than just accountants. We’re deeply involved in corporate finance, acting as trusted business advisors to help businesses like yours grow, supporting our clients from start-up to
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Written by Lucy Panchal, partner at Champion Accountants Recently, while presenting to a group of business owners, I encountered some technical delays that forced me to ad-lib for the duration of the event. Surprisingly, the improvised presentation that followed brought incredibly insightful results and became one of
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Written by Andrew Spillman-Hays, head of management accounts at Champion Accountants The government’s Making Tax Digital (MTD) is midway through implementation and is now mandatory for VAT registered businesses. From 2026, MTD will also be phased into income tax self-assessments. But for many SMEs, digitisation represents a
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Champion Round-Up | By Ged Cosgrove, group managing partner At Champion Accountants, our commitment to colleague development and progression runs deep – it’s woven into the very fabric of our business. Our culture of nurturing talent has been key to our continued success, and this month marks
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Written by Suke Ridler, CEO & founder of My LifeJars Life is complex – and so are the physical and digital spaces where most of us keep important information. You probably know how your most vital documents, passwords, and accounts are stored and accessed. However, keeping an
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Champion Round-Up | By Ged Cosgrove, group managing partner We’re accustomed, at Champion, to talking about change. Running alongside the minutiae of financial management is a big picture outlook. Horizon-scanning is a crucial part of the job. We are always working to understand what’s coming next, and
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Written by Ed Barnes, director at Champion Health and Benefits The UK has one of the lowest staff retention rates in Europe, with a recent UK Money study estimating that around 16.8% of employees leave their jobs each year. That figure rises to 37.6% in the hospitality
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Written by Andrew Spillman-Hays, head of management accounts at Champion Accountants In business, and particularly accounting, surprises tend to be unwelcome. The element of surprise might be lauded in other areas of life, but it is rarely good news in bookkeeping and financial planning. Fortunately, it doesn’t
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Whatever your sector, and your current and future needs, you can trust Champion Accountants to support your business and deliver the very best service.
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