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Filtered By Category: COVID-19

Aug 4 2020

Bigger and Better

Categories: Corporate FinanceCOVID-19

If the coronavirus pandemic has taught us anything, it is that we should accept that change is the only constant in business life. Many businesses will be battered and bruised as they limp out of their economic slumbers but the question for all will be “what next?”. After discussions with many of our entrepreneurial clients, more

Aug 3 2020

Financing for the future

Categories: Corporate FinanceCOVID-19

The Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBL) were introduced by the Government to support businesses through the COVID-19 crisis. The low rates of borrowing on the schemes and ease of access to the funding has resulted in large numbers of businesses accessing the money for a variety of reasons. more

Jul 31 2020

Cash is King – steps to take to preserve your cashflow

Categories: Corporate FinanceCOVID-19

As we come out of lockdown, businesses may need more working capital available to get back up and running. Coupled with holiday periods for loan and rental payments coming to an end, the pressure on cashflow will be huge. Businesses need to take control to preserve their cash and should consider the following: Debtor Control more

Jul 30 2020

£14m Hotel Recovery Programme offers support for larger hotel businesses

Categories: COVID-19Leisure

The tourism sector continues to feel the impact of the COVID-19 pandemic, with hotel occupancy levels of many businesses across the country below the daily overheads of sustaining a business. To support some of Scotland’s larger hotels, the Scottish Government yesterday (Wednesday 29 July) announced a new £14m Hotel Recovery Programme which will allow eligible businesses to more

Jul 29 2020

New £1m grant scheme announced for self-catering businesses

Categories: COVID-19Leisure

Throughout lockdown, the Association of Scotland’s Self-Caterers (ASSC) has been engaged in various discussions with the Scottish Government to provide ongoing financial support for self-catering businesses in Scotland. ASSC, in partnership with VisitScotland, has today announced a new £1 million grant for self-catering businesses who have not received any other Scottish Government COVID-19 support. Businesses more

Jul 29 2020

Overview of upcoming changes to CJRS

Categories: Amber AccountingCOVID-19Payroll

As we mentioned in our previous article, CJRS closed to new entrants on 30 June and flexible furlough was introduced in July. Now, further changes are about to come into force as the Government begin to taper away their contributions from August onwards. Our dedicated payroll team have been advising our clients on what the more

Jul 28 2020

Why keeping in contact and technology are vital in current times

Categories: AgricultureCOVID-19

Recent times have shown how important it is to keep in contact with your key advisors. Although our EQ Agriculture team were disappointed not being able to meet our clients at the summer show circuit, we have still maintained regular contact whether it be in relation to COVID-19 support measures, or other business issues as more

Jul 27 2020

Improve your dental practices’ cashflow

Categories: COVID-19Healthcare

In March, dental practices had to immediately stop seeing patients, except for emergency treatment, which led to unprecedented revenue loss across the sector. We discuss some of the options available that can improve your dental practices’ cashflow. Government support The Self-Employment Income Support Scheme (SEISS) presented potential issues for dentists who applied for the grant on more