Estate planning: The tax implications

Planning what will happen to your possessions and savings once you’re no longer here is something that many of us put off. And this is backed up by research from YouGov, which suggests that 62% of adults in the UK are running the risk of dying intestate,

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R&D Tax Relief claims: The latest figures from HMRC

Claims for R&D tax relief are on the rise according to new statistics released by HMRC, demonstrating that more businesses are seeing the value in the government incentive scheme. R&D tax credits were introduced in 2000 to encourage investment in innovation, allowing businesses to claim tax relief

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A guide to VAT for SMEs

According to a survey by the British Chamber of Commerce, two thirds of businesses say that VAT is their biggest administrative burden. With this is mind, we’ve put together a simple guide to help businesses get to grips with the basics of this rather tricky tax. What

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Making the most of R&D tax relief

So many businesses are overlooking research and development (R&D) tax relief, not realising that they could be eligible for the Government incentive, which can help to reduce your Corporation Tax bill or provide a cash repayment on the money invested. In fact, according to figures from HMRC,

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Making Tax Digital: Where are we now?

Although there have been some calls for a delay to the scheme, with the pilot well underway and HMRC ramping up their awareness campaign, it is clear that it’ll be full steam ahead for Making Tax Digital come April 2019. So, with the rollout just a matter

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Championing long service

We’re celebrating an even richer staff history across our network of accountancy practices in Manchester, Chester, Preston and Blackpool, as more of our team reached the milestone of 10 years’ service with Champion. This now brings the total number of our staff recording more than a decade

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Preparing your exit strategy

With any business, forward planning is key to success. And although it might not be a top priority, considering what will happen when you leave the business should form part of your overall plan. You’ve worked hard to build your company to what it is today, so

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Champion Accountants expands R&D tax team

Champion Accountants’ Manchester office has welcomed group tax planning associate, Martin Frain, into its specialist Research & Development (R&D) team to support the growth in tax relief claims. Martin played a key role in Champion Contractors’ expansion into Scotland earlier this year and spent the past six

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GUEST ARTICLE: RELOCATING YOUR BUSINESS

To move or not to move? All businesses are faced with the relocation question at some point. Maybe there’s a need for more space, maybe your existing premises just don’t suit you any more, maybe the building is being closed, or it might be a combination of

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