Apr 18 2024 Salaried Partners – Changes to HMRC guidance Categories: EQ AccountingTaxation In November we reminded you about the tax treatment of salaried partners following the case of Bluecrest Capital Management (UK) LLP v HMRC. Following that case HMRC have updated their published guidance. As a recap, rules came into force back in 2014 deeming certain members of a Limited Liability Partnership (LLP) as employees if the more
Mar 20 2024 National Living Wage changes from 1 April 2024 Categories: Payroll The National Living Wage (NLW) and the National Minimum Wage (NMW) are increasing from 1 April 2024. This is the largest ever monetary increase in the minimum wage in the 25 years since the introduction of the NMW, increasing by more than £1. In addition, workers aged 21 and over will also now be entitled 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
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
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
May 17 2023 Are you making the most of technology in your business? Categories: EQ AccountingProfessions We are living in an ever-changing technology era where businesses are moving away from paper records and having to reconcile balances by hand. The capabilities of current day accounting software are helping reduce the manual intervention and strains on bookkeepers and internal management. Today’s accounting software can now connect directly to your online banking, invoice more
May 16 2023 Making your children’s nursery more attractive to your staff Categories: HealthcarePayroll With children’s nursery providers struggling with rising costs, the added pressures on recruiting and retaining costs can be overwhelming. While the Scottish Government aims to review the impact of the disparity of ELC funding on the workforce, there are things providers can do internally to improve their cashflow. Actively holding on to your key staff more