Mar 9 2017 Our full Spring Budget Summary 2017 is now available to download Categories: Taxation The Chancellor’s Budget on 8 March was the first of two due in 2017. The final Spring Budget came little more than three months after an Autumn Statement, with another Budget due in Autumn of 2017. With Making Tax Digital due to begin next April, there are big changes on the horizon. Angela Haig, Partner, more
Mar 8 2017 Spring Budget 2017 Key Announcements Categories: Taxation Whilst Philip Hammond’s first (and last) Spring Budget delivers a rosy assessment of the British economy with unemployment at an eleven year low, it is overshadowed by the imminent triggering of Article 50 and big questions over the UK’s global economic future outside the EU. In making sure we have enough “gas in the tank” for the more
Feb 27 2017 Budget Analysis Seminars 2017 Categories: Taxation The Chancellor of the Exchequer, Philip Hammond is due to deliver the last Spring Budget on Wednesday 8 March 2017. With this in mind, we are hosting our annual Budget analysis seminars in four venues across the East of Scotland on Monday 13 March 2017. Our dedicated team of taxation experts will cover the main announcements, more
Feb 1 2017 Making Tax Digital Proposals Categories: Making Tax DigitalTaxation HMRC have embarked on a massive project, Making Tax Digital (MTD), to insist that most businesses, including sole traders and landlords, keep their accounting records using computer software with the aim that the software will automatically update HMRC with relevant data on their business income and expenses on a quarterly basis. Based on the current more
Jan 17 2017 Working with MFM Community Limited Categories: Corporate FinanceHealthcareTaxation EQ Taxation and Corporate Finance teams recently assisted the directors and shareholders of MFM Community Limited in selling their dental practice. EQ were asked to participate in the negotiations during which a potential key legislative change was identified by EQ as a problem. This resulted in the deal being fully restructured to the benefit of more
Jan 12 2017 Xero Gold Champion Status Categories: EQ AccountingTechnology Our EQ Accounting team have recently been awarded the status of Xero Gold Champion. Scott Kennedy, the Manager of our EQ Team in Forfar commented, “We are finding that business owners are having increasing demands placed on them, be that from the day-to-day business or regulatory pressures from the likes of HMRC. Using innovative systems, more
Dec 15 2016 A Polished Performance Categories: Corporate FinanceHealthcare Setting up a business is a huge step for anyone. But when you’re doing so while holding down full-time posts elsewhere and with limited knowledge of legalities or finance, that step is a little bit more daunting! However, what has driven Patricia Barry-Murphy and Duncan Graham of Dundee throughout their journey is a shared dream, more
Nov 25 2016 Apprenticeship Levy Categories: EQ AccountingProperty & Construction From April 2017, all UK employers with annual gross wage bills of more than £3m will have to pay an apprenticeship levy. The levy is aimed at funding an increased uptake of apprenticeships. The rate of the levy will be 0.5% of the employer’s annual wage bill. The UK Government expects to raise up to more