Overseas sales for small and medium-sized firms (SMEs) are predicted to total £15 billion over the next 12 months, according to a survey by Clydesdale and Yorkshire Banks. The poll of more than 1,000 SMEs found that overseas sales account for 21% of the turnover of existing
Read more →More than 90% of managers work more than their contracted weekly hours, according to research from the Institute of Leadership and Management (ILM). Nearly two thirds (65%) of respondents to the ILM’s survey reported pressure to work overtime, while 44% said they were under pressure from their
Read more →More than a quarter of employees dream of running a business, according to a survey from Lloyds Bank Insurance. The report reveals that 26% of workers have entrepreneurial aspirations but the fear of taking a risk is preventing a third from starting a business. Nearly half (48%)
Read more →Budget 2014 introduced new measures affecting loss making SMEs undertaking research and development activities. Group Tax Director Gill Molloy explains how businesses could now recover up to 32.6% of costs. Loss making SMEs with no corporation tax liability could be eligible for a cash payment, known as a “Research & Development (R&D)
Read more →Start-ups and small to medium-sized businesses across the North West are potentially losing thousands of pounds by failing to take advantage of lucrative tax breaks. Champion Accountants is urging local entrepreneurs to be pro-active and reap the benefits of the Annual Investment Allowance (AIA). Doubling the allowance
Read more →There is widespread support for government proposals to provide free retirement guidance but more than half of over-55s think it should come from an independent, consumer body. Chancellor George Osborne announced plans at the 2014 Budget to guarantee all retirees with a defined contribution pension “free, impartial
Read more →More than half (53%) of people are now saving adequately for retirement, according to a survey by Scottish Widows. This is an 8% increase compared with 2013 and is the highest level since 2009. It is also the biggest ever year-on-year increase. Scottish Widows defines adequate savings
Read more →Luck does not play a big role in a firm’s success according to nearly three quarters of small business owners, research by software provider Sage has found. In a survey of more than 1,000 UK small business owners, just 28% of respondents felt that luck had a
Read more →Champion’s Head of IT has successfully completed the grand daddy of all endurance races. Simon Turtington, 39, from Lowton, joined more than 2,000 athletes from around the globe to take part in the UK’s 10th annual Ironman challenge on Sunday 20 July. The 140.6 mile pursuit kicked
Read more →Champion Accountants’ Manchester office has recently donated 45kgs of food to Salford Food Bank. During a two-week food drive, Champion team members were encouraged to contribute non-perishable items such as cans, cereals and cakes, which would be used to create emergency food parcels for members of the
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