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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

Mar 18 2020

Government announces financial support for businesses affected by COVID-19

Categories: COVID-19EQ News

With such an unprecedented and fast moving situation, we appreciate that the information being given by the Government to support businesses affected by COVID-19 is limited but will hopefully become clearer in the coming days. The various measures being put in place to support businesses, including those announced last night by the Chancellor in the Commons Budget more

Mar 17 2020

How we are dealing with COVID-19 at EQ

Categories: COVID-19EQ News

The ever-evolving situation with the ongoing COVID-19 pandemic is causing significant disruption around the world and although the UK has not been significantly affected, we fully expect this to change. At EQ, our people are at the heart of what we do and due to the nature of our business, we are unlikely to be more

Mar 4 2020

Supporting Patersons Skip Hire with their long-term business goals

Categories: EQ AccountingEQ News

Family businesses are the backbone of the Scottish economy, with their success attributed to strong governance, innovative family ownership and a focus on the long term. One local family business which has certainly stood the test of time is Patersons Skip Hire in Dundee. Founded by Director Kerr Paterson’s Grandfather in 1948, the company provides more