Latest News

Filtered By Category: COVID-19

Mar 27 2020

Self-Employed Income Support Scheme

Categories: COVID-19EQ News

Chancellor Rishi Sunak announced the heavily anticipated ‘Self-Employed Income Support Scheme’ to those affected by the impact of COVID-19. The scheme itself largely echoes the support provided to employees on the 20 March 2020.  We’ve detailed the key points below. The new grant is available to self-employed individuals or members of a partnership that meet more

Mar 26 2020

A Scottish guide for holiday park owners

Categories: COVID-19Leisure

The current Coronavirus pandemic is so challenging for us all. In order to be as helpful as possible to all owners, we have prepared a short note to guide you towards various forms of support you may require.  We will be on hand to answer any queries and will offer our support and guidance throughout more

Mar 26 2020

The impact of COVID-19 on the professions sector

Categories: COVID-19Professions

Our EQ Professions specialists are maintaining regular discussions with our clients who are experiencing the unprecedented effects of the current COVID-19 pandemic. Discussions to date have looked at areas such as: Managing credit risk wherever possible and being up-front with clients about fees to set expectations Managing costs and spreading those over a longer period Liaison more

Mar 24 2020

Coronavirus Business Support Fund

Categories: COVID-19EQ News

The ‘Coronavirus Business Support Fund’ grants are being administered by local authorities on behalf of the Scottish Government. Two types of grant are available to ratepayers: £10,000 grant to ratepayers of businesses in receipt of the Small Business Bonus Scheme or Rural Relief. Business with a rateable value (RV) up to £18,000 are eligible. You can more

Mar 24 2020

EQ will continue to support you

Categories: COVID-19EQ NewsPeople

On Monday 23 March, Prime Minister Boris Johnson announced that all non-essential businesses must now close. Following Government advice, our offices are now temporarily closed but we are still here to support you. Our systems allow us to work from home whilst ensuring all of our operations are still running and that any impact to more

Mar 23 2020

Coronavirus Business Interruption Loan Scheme (CBILS)

Categories: COVID-19EQ News

The new scheme announced by the Chancellor at Budget 2020 can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cashflow. The CBILS went live today and will initially run for six months. We’ve detailed some helpful information below to more

Mar 23 2020

Support for businesses affected by COVID-19

Categories: COVID-19EQ News

On Friday 20 March, Chancellor Rishi Sunak announced a range of measures to support public services, people and businesses through this period of disruption caused by COVID-19. We’ve had a lot of questions on the reimbursement of the 80% of wages for employees and Statutory Sick Pay. During the announcement on Friday, the Chancellor stated that more

Mar 20 2020

Coronavirus Update 20 March 2020 – The Economic Package

Categories: COVID-19EQ News

Chancellor Rishi Sunak announced a sweeping range of measures to be introduced over the coming days, weeks and months. We’ve detailed a summary of the main measures announced below: Government to pay 80% of wages for employees temporarily not able to work, up to £2,500 per employee per month. The payment will be in the more