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10 Chartered Accountants

News

Employment contracts – changes to package and benefits
20 May 2020

As businesses work to rebuild in the months ahead, future profitability and even viability may mean that efficiencies will need to be made. If these cuts extend to a reduction or change in your employees’ package of benefits, this will normally involve a change to their employment contract.
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Furlough – continuation and return to work
20 May 2020

The CJRS scheme will initially run until the end of October. Our payroll team can help you furlough employees in compliance with the new legislation and apply for funding for CJRS via HM Revenue & Customs (HMRC) and manage your return to work payroll requirements.
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Business Finance
20 May 2020

Back in February, the Financial Reporting Council (FRC) issued disclosure guidance to companies in response to the growing risks associated with Coronavirus. By law, companies must disclose any material risks. We have already seen a number of large household name companies issuing profit warnings and downsizing...
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Loans and other methods of finance
20 May 2020

The Government has announced a raft of business assistance to help companies large and small. The Coronavirus Business Interruption Loan Scheme (CBILS) is available to UK-based SME businesses with an annual turnover of £45 million or below, and they are able to apply through the British Business Bank, which will lend eligible...
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Property Owners
20 May 2020

The UK residential property sector has been adversely affected by the ongoing Coronavirus pandemic and landlords and tenants may wonder where they stand. To assist tenants and landlords, the Government has introduced several temporary changes to legislation and issued a lot of guidance that attempts to cover a number of scenarios.
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COVID-19 – An assessment of safe working arrangements
18 May 2020

As a result of the Coronavirus pandemic, businesses must assess how their work environment and arrangements can be made safe for employees and visitors. In response to the Government guidance, we have put together guidelines on the steps you may need to take as a business to provide safe working arrangements.
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Coronavirus Job Retention Scheme (CJRS) extended until October
12 May 2020

The Chancellor, Rishi Sunak, has confirmed that the Coronavirus Job Retention Scheme (CJRS) will be extended until the end of October, with no changes until the end of July when employers currently using the scheme will be able to bring back furloughed employees part time.
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“Covid Secure” practical workplace guidance for employers
12 May 2020

The Covid Secure guidance published by the Department for Business, Energy & Industrial Strategy (DBEIS), covers workplaces that can re-open this week, as well as some the Government hopes will reopen on 1 June 2020...
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Get ready to claim the Self-Employment Income Support Scheme (SEISS)
05 May 2020

HM Revenue & Customs (HMRC) will start contacting individuals who may be eligible for the Self-Employment Income Support Scheme (SEISS). The tax authority has said that from 4 May 2020 onwards it will begin reaching out to those who can benefit from the scheme, which will provide a taxable grant worth 80 per cent of their average...
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Eligibility for grant funding
05 May 2020

By now many businesses eligible for grant funding from their local authority, either via the Small Business Grants Fund or the Retail, Hospitality and Leisure Grant Fund, should have been contacted to make them aware that they are eligible, with some already receiving funding. However, there are still lots of businesses out there who...
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