Sep 8 2021 Date confirmed for Autumn Budget 2021 Categories: EQ NewsTaxation Chancellor, Rishi Sunak, has announced that the next Budget will be on Wednesday 27 October, around a month earlier than had been anticipated. The announcement on the funding of social care yesterday was a clear signal of intent that the UK Government is looking at the funding of the pandemic. So what might be on more
Aug 25 2021 National Basic Payment Support Scheme 2021 Categories: AgricultureCOVID-19 To support agricultural businesses that have been impacted by the effects of COVID-19 and Brexit, and help maintain vital cash flow within the rural economy, the Scottish Government have launched the 2021 National Basic Payment Support Scheme (NBPSS21) loan scheme. The loan offer letters will be sent to eligible farmers and crofters from the middle more
Aug 24 2021 Six new graduates start their accountancy career journey Categories: EQ News We have welcomed six new graduates who take up their positions as trainees across our offices. Each year, we provide graduate training contracts to local graduates who want to train to become a Chartered Accountant and deliver an intensive, three-year training programme which is unrivalled locally when it comes to the experience, training and funding more
Aug 20 2021 Updated guidance for holiday accommodation providers regarding the reduced VAT Categories: LeisureTaxation The temporary VAT reduction of 5%, introduced back in July 2020, comes to an end on 30 September 2021. To assist with the transition back to the standard rate of VAT, a new reduced rate of 12.5% will then be introduced for six months until 31 March 2022. The rate of VAT is usually based on more
Aug 18 2021 Is it better to sell the shares or sell the assets of your dental practice? Categories: Healthcare When the time comes to sell your incorporated dental practice, you will have two options – sell the shares in the company or sell the assets of your company. Selling the shares in your company will mean that you sell the whole of your company, including assets, goodwill, liabilities, future liabilities. This means as a more
Aug 6 2021 The benefits of reconstructing your business Categories: Corporate Finance The COVID pandemic has not only had a massive impact on the way businesses have traded, but on how they are structured. Our EQ Corporate Finance team have been working closely with clients to make sure they aren’t facing any unnecessary tax liabilities as a result. Over the last 18 months, we have been involved more
Jul 21 2021 The fifth and final Self-Employment Income Support Scheme grant Categories: COVID-19 The Government has now published details in relation to the fifth and final Self-Employed Income Support Scheme (SEISS) grant. The portal for claiming this grant is expected to open by the end of this month and claims must be made by 30 September 2021. Who is eligible? Those who were eligible for the fourth grant more
Jul 15 2021 The Kreston Charities COVID-19 Survey Report findings Categories: CharitiesCOVID-19 The results from the survey carried out by the Kreston Charities Group, which includes our EQ Charities team, that act for over 2,000 charities across the UK, paints a mixed picture of the financial health of the charity sector but with a confident outlook for the future. The Kreston Charities COVID-19 Survey gave charities across the UK the more