News
Key dates for the Coronavirus Job Retention Scheme
21 September 2020
As the Coronavirus Job Retention Scheme (CJRS) is slowly wound down by the Government, businesses must adapt their PAYE reporting and payroll function to reflect the required funding contributions. To help, we have provided a list of key dates for September and the following months to ensure you are prepared for the changes ahead...
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The first Child Trust Funds (CTFs) can now be claimed
21 September 2020
The first Child Trust Funds (CTFs) are set to mature in September allowing those turning 18 to access their fund for the first time. CTFs were tax-free children’s savings account set up by the Government, which were available to those born between 1 September 2002 and 2 January 2011. Parents or guardians of a child who was eligible for...
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Four in five SMEs are confident over their Coronavirus recovery
21 September 2020
Four in five UK small to medium-sized enterprises (SMEs) are confident that they will recover from the Coronavirus pandemic, according to research by Starling Bank and the Great British Entrepreneur Awards. The data indicates that 75 per cent of business owners are feeling more confident than they did in July as lockdown measures ease.
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HM Revenue & Customs (HMRC) writes to 3,000 employers over furlough claims
21 September 2020
HM Revenue & Customs (HMRC) is reportedly writing to 3,000 employers over claims they have made for grants from the Coronavirus Job Retention Scheme (CJRS). The ICAEW Tax Faculty says that HMRC began issuing the letters at the end of August to businesses that are suspected of having claimed more than they were entitled to or grants...
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Government to launch new local lockdown grants
14 September 2020
Businesses that are required to shut due to local lockdowns could be entitled to claim up to £1,500 in grant funding every three weeks for each premises that is closed. The new grant funding has been created to support those businesses that are adversely affected by local restrictions, which are being imposed in areas with high...
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CBILS ends on 30th September 2020
10 September 2020
The Coronavirus Business Interruption Loan Scheme (CBILS) has offered important financial support to thousands of businesses across the UK – but it is due to end this month. Although the deadline for accredited lenders to review applications was recently extended until 30th November 2020, businesses wishing to receive funding...
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Important Message to Clients and Friends
09 September 2020
Our office is open again however before visiting please read the following update.
Please also see the News section of our website where we are posting COVID19 updates
Stay Safe all of you…The 10CA Team
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How will you rebuild and recover? Funding launched to cover cost of professional advice
20 August 2020
The value of cash flow forecasting, management accounts and revised business plans is set to come into stark relief as businesses look to rebuild and recover following the easing of lockdown. In recognition of the importance of these and other accountancy services to the recovery and a swift return to prosperity, the Government...
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Tax changes outlined in draft Finance Bill 2020 – 2021
19 August 2020
The Government has unveiled its draft legislation for the 2020 – 2021 Finance Bill (the Bill). The new proposals cover a number of measures that were previously announced in the 2020 Spring Budget. To help you gain a greater appreciation for potential tax changes on the horizon, we have prepared a summary of some of the key measures...
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Coronavirus Business Interruption Loan Scheme expanded to more businesses
19 August 2020
Following a change in EU state aid rules, the Government has announced that it will expand the Coronavirus Business Interruption Loan Scheme (CBILS) to certain businesses classed as “undertakings in difficulty” – those with large losses and debts. The UK remains subject to EU state aid rules during the Brexit transition period.
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Case Studies
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Customer care is top of the list for packaging business
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Taxing demands with old school charm
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A modern approach required for music moguls
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Smiles all round for dental practice
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Sometimes a business does exactly as it says on the tin
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Child's play with proactive accounts management
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Cut above the rest in personal management style
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A taste for growth, a thirst for knowledge
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A shared passion for architecture and a head for numbers