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Filtered By Category: Services

Feb 14 2024

Is your FHL business exceeding the VAT threshold?

Categories: LeisureTaxation

It is crucial to ensure that your business is VAT registered once it breaches the VAT threshold of £85,000. The threshold should be monitored on a rolling 12-month period, and many business operators do not realise this. The supply of FHL accommodation is a standard rated supply with VAT chargeable at 20%. This can have more

Jan 31 2024

Tips to avoid costly mistakes within payroll

Categories: Payroll

We know that dealing with the payment of wages and salaries of staff is one of the most complex tasks of owning a business. However, without the right tools, training and resources, your payroll can be a littered with errors that can be more of an issue for your employees – and your organisation – more

Dec 18 2023

New online service for VAT DIY Housebuilder claim

Categories: Property & ConstructionTaxation

HMRC have launched a new online service which allows DIY housebuilders the ability to recover VAT incurred on their build.  This should hopefully speed up the VAT reclaim process. Previously the claims had to be done manually and involved sending paperwork by post to HMRC. For some background information, the DIY Housebuilder scheme tries to more

Nov 21 2023

Changes to Statutory Paternity Leave from April 2024

Categories: EQ AccountingPayroll

Legislation changes to Statutory Paternity Leave (SPL) and Pay (SPP) will take effect from 6 April 2024 allowing employed fathers more flexibility to decide how and when they take their leave. Following consultation in 2019, a new policy led by The Department for Business and Trade which covers Great Britain but not Northern Ireland, will more

Aug 16 2023

Maximising tax benefits for leisure sector businesses

Categories: LeisureTaxation

Running a business in the leisure sector is all about bringing joy and relaxation to your customers. However, when it comes to tax, it’s essential to ensure your financial wellbeing stays on ‘cloud nine’. Our EQ Leisure team provide some tips to help your business maximise any available tax benefits. Capital Allowances Remember that you more

Jun 28 2023

Time to outsource your dental practice’s bookkeeping?

Categories: BookkeepingHealthcare

Are you spending your evenings and weekends struggling with your accounting records? Is maintaining your books part of your practice managers never-ending to do list? If so, it may be time to outsource your bookkeeping. Whether you, or a member of your team, are maintaining your books, your time could be better served focusing on more

Jun 27 2023

Key promotions strengthen our senior team

Categories: EQ AccountingEQ NewsPeople

We are pleased to announce 23 promotions across the firm! Ten of the promotions are part of our management team, including Michelle Murray, Scott Kennedy, and Gavin Nurse who have all been promoted to Senior Managers. Eilidh Giudice has been promoted to Manager whilst Gary Dempster, Louise Millar, Laura Nicol, Hannah Hutchison, and Chelsea Anton more