Nov 24 2020 Supporting our clients, Peacehill Farming Limited Categories: AgricultureCorporate Finance Peacehill Farming Limited is a large and diverse family run company based in Wormit, Fife. The Forster family have farmed at Peacehill since 1926, now in the 4th generation, the business is run by Ross Forster in conjunction with his wife Emma and parents, Peter and Mary. We have acted for the family for over 20 more
Nov 16 2020 Making the most of the increased AIA limit extension Categories: LeisureTaxation With many leisure and hospitality businesses either closed or working on reduced capacity due to COVID-19, and the recent extension of the Annual Investment Allowance (AIA) limit, now is the time to review your planned capital expenditure to avoid missing out on valuable tax relief. The AIA limit of £1m was due to drop back more
Nov 13 2020 Annual Investment Allowance Limit extended until January 2022 Categories: Taxation The Annual Investment Allowance (AIA) was temporarily increased to £1m for a two-year period and was due to end on 31 December 2020. However, the Treasury has announced that this will be extended by a further year, until 1 January 2022. The increase to the AIA allows businesses to obtain 100% tax relief on qualifying more
Nov 2 2020 Coronavirus Job Retention Scheme extended until December Categories: COVID-19EQ AccountingPayroll Update: Since this article was published the Chancellor, Rishi Sunak, announced a further extension to the CJRS until 31 March 2021. You can read more here. The Government announced late on Saturday 31 October 2020 that the Coronavirus Job Retention Scheme (CJRS) will be extended until December. The CJRS extension will be open to employers across the more
Oct 27 2020 Further changes announced for the Job Support Scheme Categories: COVID-19EQ Accounting Chancellor Rishi Sunak announced further changes to the Job Support Scheme (JSS), creating two variations – JSS Open and JSS Closed. Starting on 1 November 2020, and running for 6 months until April 2021, both grants will offer additional support for employees whose working hours may be reduced over the winter months. JSS Open The more
Sep 23 2020 Regional Selective Assistance Funding Categories: Corporate Finance At this time of cashflow uncertainty, it’s worth looking at potential sources of finance both old and new. Regional Selective Assistance (RSA) has been available for a number of years, but it’s worth familiarising ourselves with it again. RSA funding is a discretionary grant aimed at helping projects that will create or protect jobs in more
Sep 8 2020 Celebrating our Payroll team during National Payroll Week Categories: EQ AccountingPayroll With many businesses finding it difficult to keep on top of the frequent, complicated changes to legislation and how payroll is processed, especially in recent months, it can be reassuring to have a reliable payroll team who understand the nuances of your business and are able to provide an accurate, efficient and cost saving payroll more
Aug 20 2020 Employee Ownership Explained Categories: Taxation Since its introduction in 2014, the Employee Ownership Trust (EOT) has proved to be a feasible exit option for business owners who may not want to go down the more traditional succession routes. To help understand the process and benefits of using EOTs as a succession solution, Co-operative Development Scotland are hosting a series of more