When two physios with more than 20 years’ experience in top-flight football decided to launch their own business, they called on Champion Accountants to put together their financial game plan. Rehab 4 Performance is a world-class physiotherapy, sports injury, rehabilitation, and performance centre in Liverpool. Using equipment
Read more →Personally owned rental property portfolios may not be as lucrative as they once were. In recent years, we have seen the withdrawal of tax relief for loan interest on borrowings taken out to acquire rental property, as well as increasing rates of income tax and decreasing tax
Read more →By Rik Heap, Director at Leonard Curtis Stats around business failures make for uncomfortable reading, particularly for those who feel mounting pressure. At Leonard Curtis, we provide directors of struggling businesses with positive strategic advice, enabling them to retain control. So, my first message to anyone who
Read more →Champion Round-Up | By Ged Cosgrove, group managing partner June has arrived, and so too has the sunshine. With optimism in the air, a survey of 2,000 owner-managed businesses in 82 countries revealed how they’ve experienced their greatest growth in recent years, with 43% seeing a double-digit
Read more →Recently, the government announced the Renters’ (Reform) Bill, a series of proposed changes to the private rented sector (PRS) that is set to provide 11million tenants across England – and 2.3million landlords – with safer, fairer, and higher quality homes. The bill represents the biggest shake-up of
Read more →Over recent years there has been a significant move towards buying investment properties through limited companies rather than in personal names. This has been primarily driven by the harsh changes to mortgage interest relief rules introduced in 2016 and took full effect in 2020. As of April
Read more →Champion Round-Up | By Ged Cosgrove, group managing partner With spring in full bloom, the new season has brought a raft of changes for our clients to consider. Changes to the R&D tax relief scheme came into play recently, reducing cost savings for SMEs. For R&D expenditure, the
Read more →Most businesses rely heavily on computer software and systems, leaving them vulnerable to the growing threat of cyber attacks. Cyber risks range from the accessing of data by third parties, the blocking of access to business-critical systems, through to the accidental or unintended disclosure of information by
Read more →Today’s Spring Budget speech was a rowdy affair, with similar vein as any we’ve seen since they were first televised in 1990 when John Major delivered his speech to the Commons. Fast forward to 2023, and chancellor Jeremy Hunt delivered his and the PM’s ‘Budget for Growth’.
Read more →HMRC has begun contacting influencers and online traders to request that they complete ‘a certificate of tax position’, targeting individuals running blogs, content creators, owners of social media accounts posting sponsored content, and anyone bidding for work online. The detailed letters inform recipients that HMRC is aware
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