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
Read more →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
Read more →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
Read more →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
Read more →Written by David Herd, senior tax advisory consultant at Champion Accountants In a previous article, we discussed the difference between hiring an employee or a sub-contractor. You can find that article from July 24th here. Today, I’d like to look at connected versus unconnected sub-contractors, from an
Read more →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
Read more →The lockdown restrictions across the UK have become ever more complex, with the government having introduced a tiered system which is to be implemented on a regional basis. Businesses across the country are all being affected by this, with lots of the proposed measures inflicting economic uncertainty
Read more →Written by Ged Cosgrove, group managing partner In today’s fast-changing environment, companies must focus on increasing their agility and building resilience to mitigate the effects of the ongoing pandemic, whilst continuing to undertake all necessary duties and responsibilities. One such responsibility of the Directors is to carry
Read more →Having cancelled this year’s Autumn Budget, the Chancellor revealed his armoury of measures that make up his ‘Winter Economy Plan’. During what was a short, concise speech, Rishi Sunak confirmed that the proposals intend to ‘manage the virus, jobs and the economy over the winter period’. He also
Read more →Bringing a new product to market requires multiple elements; tenacity, resilience, and the upfront capital to secure the talent necessary to drive the launch forward. For those who utilise crowdfunding to support this type of project, it can come with several complexities. Manchester-based Symmetrical Power appointed Champion
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Yesterday, chancellor Jeremy Hunt's Autumn Statement set out to boost the British economy.
The changes include a 2% reduction in employees’ National Insurance, an upward adjustment in the state pension, and a freeze on Alcohol Duty. 🍺
Hundreds of thousands of UK workers have benefitted from a 10% pay rise courtesy of the Real Living Wage scheme.
The rise sees worker earnings jump from £10.90 p/h to £12 p/h, whilst those in London saw a rise from £11.95 p/h to £13.15 p/h.
Superb news for aspiring homeowners 🏡
The government is considering extending the mortgage guarantee scheme, helping first-time buyers with just a 5% deposit. The Chancellor is expected to reveal more during this month's #AutumnStatement.
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