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10 Chartered Accountants

News

Coronavirus Future Fund opens to applications
22 May 2020

The Future Fund, which offers convertible loans of between £125,000 and £5 million to innovative companies facing financial difficulties as a result of the COVID-19 pandemic has opened. The fund is designed to support UK-based companies that have acquired at least equal match funding from private investors.
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Coronavirus Statutory Sick Pay Rebate Scheme set to open for claims
22 May 2020

The Coronavirus Statutory Sick Pay Rebate Scheme (CSSPRS), announced by the Chancellor at the Budget, is set to open for claims from Tuesday 26 May 2020, HM Revenue & Customs (HMRC) has said. The scheme enables employers with up to 250 employees to claim the cost of Statutory Sick Pay (SSP) related to Coronavirus...
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Maximum Government-backed loan amount for larger businesses increased to £200 million
22 May 2020

The Government has announced an increase in the maximum amount that larger businesses can borrow under the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200 million.
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Temporary tax freeze on home office expenditure announced
22 May 2020

The Government has announced a temporary tax and National Insurance Contribution (NIC) exemption that ensures that home office equipment purchased by employees, where reimbursed by the employer, does not attract tax or NICs.
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Tax treatment of expenses and benefits during COVID-19
22 May 2020

The Government has updated its guidance on taxable expenses and benefits when they are paid to employees during the Coronavirus crisis and how employers should report them to HM Revenue & Customs (HMRC).
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Money laundering supervision payment deferrals and deregistration announced by HM Revenue & Customs
22 May 2020

Businesses that require money laundering supervision from HM Revenue & Customs (HMRC) can receive a six-month payment deferral or deregistration where an annual fee is due between 1 May and 30 September 2020, it has been announced. HMRC is the money laundering supervisory authority for...
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Changes to notifying an option to tax (VAT) on land and buildings during the Coronavirus pandemic
22 May 2020

HM Revenue & Customs (HMRC) has made temporary changes to the time limit and rules for notifying an option to tax (charge VAT on) land and buildings. Normally, when notifying HMRC of a decision to opt to tax land and buildings, you usually have 30 days to contact the tax authority either by printing and sending a notification...
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COVID-19 – Re-build and recover – we’re here to help you get back on track
20 May 2020

Services to help you get back on your feet. We recognise that the business landscape is looking very different at the moment. Some business models will have changed dramatically. The team here have a vast amount of experience in helping businesses to deal with a range of issues.
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New start-ups
20 May 2020

It is often said that necessity is the mother of invention and many would-be entrepreneurs will emerge from the Coronavirus with innovative ideas for start-up businesses. It may be that you have taken a redundancy package and are now ready to strike out alone or the recent pandemic may have resulted in you re-evaluating your life goals...
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Owner Managed and Family Businesses
20 May 2020

The economic crisis resulting from the Coronavirus outbreak has sent shockwaves through businesses large and small. So, as business owners and directors emerge from the lockdown, it is to take stock and put in place a solid plan to help the business to bounce back.
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