COVID-19 - Page 2 of 7 - Champion Accountants

Champion Round-Up | Tuesday 2nd February

On February 2, 2021 / Business Advisory, Corporate Finance, COVID-19

Written by Ged Cosgrove, group managing partner After a tough start, 2021 has not yet brought the relief that many business owners hoped for. There are, however, some very real reasons to hold on to the positivity and proactivity that have kept us all going through the

New Lockdown Grants Announced

On January 5, 2021 / Corporate Finance, COVID-19

Following on from last night’s announcement by the Prime Minister, that the country has been plunged back into a national lockdown until mid-February; the Chancellor has today announced further financial support for affected businesses. The Chancellor, Rishi Sunak, has announced one off top up grants for businesses

Champion Round-Up | Wednesday 2nd December

On December 2, 2020 / Business Advisory, COVID-19

Written by Ged Cosgrove, group managing partner As we find ourselves entering a new phase of tiered lockdown, it would be wise to assume that life will not return to normal any time soon. Talks of vaccine progression had many excited about a sprint finish to the

Did anybody expect an up-beat Spending Review?….. Neither did we!

On November 25, 2020 / Corporate Finance, COVID-19

During his lunchtime announcement, Chancellor Rishi Sunak told the country that “…the coronavirus health emergency is not over, and the economic emergency has only just begun.” The Chancellor explained that his immediate goal is to prioritise jobs, businesses and public services. In doing so, governmental borrowing for

Audits in the age of COVID-19

On November 6, 2020 / Audit & Accounts, COVID-19

COVID-19 has impacted all facets of life and until a vaccine is found, is likely to continue to do so for some time. That said, life and business must go on, with company audits being no exception. Naturally, some may have concerns regarding on-site auditing in the

COVID update: furlough extends until March 2021 and self-employment boost

On November 5, 2020 / Corporate Finance, COVID-19

Today [5th November 2020] saw the Chancellor announce that the re-introduced Coronavirus Job Retention Scheme (CJRS) would be extended until the end of March 2021, whilst also boosting the next three months of financial support for the self-employed. In brief, the summary of the changes to the

Lockdown 2.0: Furlough scheme extended and more

On November 2, 2020 / Business Advisory, COVID-19

The PM’s announcement on Saturday triggered a raft of changes to the financial support available to businesses during the ongoing COVID-19 pandemic. With an increasing number of businesses mandated to close under the new lockdown restrictions, Boris Johnson confirmed that the Coronavirus Job Retention Scheme (CJRS) would

Champion Round-Up | Thursday 29 October

On October 29, 2020 / Business Advisory, COVID-19

Written by Ged Cosgrove, group managing partner The role of an SME owner and manager can, at times, feel like a lonely place, and the number of individuals feeling this stress and strain is seemingly on the rise. SME owners are renowned for wearing multiple hats, which

Cloud accounting was the future. Now it’s here.

On October 28, 2020 / Business Advisory, COVID-19

For an SME or startup, maintaining manageable and organised accounts can be one of the biggest headaches, but it doesn’t have to be that way. As COVID-19 restrictions forced most of us — and our work — further online, the need to embrace digital tools across all

Extra COVID support unveiled for businesses

On October 22, 2020 / Business Advisory, COVID-19

The Chancellor made a further announcement this morning to extend the economic support available to businesses that have been forced to legally close, as well as those that have remained open but who, nevertheless, are experiencing difficulties. In recognition of the challenging times ahead, the Chancellor said