Nov 24 2016 Our Autumn Statement summary is now available to download Categories: Taxation On the Autumn Statement David Morrison, Head of EQ Taxation commented “The Chancellor did not fundamentally change course from measures announced by his predecessor George Osborne. One of the most significant changes Philip Hammond announced was the timing of the budget – moving the main budget speech to autumn from next year“ To download your more
Nov 23 2016 Key tax announcements of 2016 Autumn Statement Categories: TaxationTechnology This Autumn Statement was effectively a number of firsts. It was Philip Hammond’s first Budget as Chancellor; the first Budget of the Theresa May Government; and the first fiscal statement since the vote for Brexit. It was also the first time since 2010 (when George Osborne became Chancellor) that investment spending was more important than more
Nov 8 2016 Landlords urged to ‘Get their house in order’ Categories: Taxation Significant tax changes affecting landlords will be outlined as part of National Landlord Day on Tuesday 8 November 2016. Our specialist property tax team are attending the Scottish Association of Landlords in Edinburgh to highlight new legislation affecting those who let their properties out to families, students and other tenants. The advice will then be more
Oct 4 2016 Agricultural Wage Scotland – October 2016 Categories: EQ AccountingPayroll The National Minimum Wage and the Agricultural Wages Order in Scotland have historically been updated with effect from 1 October each year. However, with the introduction of the National Living Wage, which runs on a different calendar cycle, the Government has decided to change the National Minimum Wage timeframe in order to align with the more
Sep 13 2016 National Minimum Wage Rates from 1 October 2016 Categories: EQ AccountingPayrollTechnology In October 2016 the new rates will be:- 21-24 year olds will be £6.95 per hour 18-20 year olds will be £5.55 per hour 16-17 year olds will be £4.00 per hour Apprentices under 19 or 19 or over who are in the first year of apprenticeships will increase by 10p to £3.40 an hour more
Jun 26 2016 Training Grant 2015/16 Categories: EQ AccountingManagement Accounts Skills Development Scotland have announced the extension of the Flexible Training Opportunities Grant Scheme for the year to 31 March 2016. The grant is aimed at small businesses based in Scotland, who wish to enhance employees’ skills and bring real benefits such as improved productivity and a stronger, more confident workforce. The criteria for qualifying more
Jun 21 2016 Auto-enrolment – Are You Ready? Categories: EQ AccountingPayroll Auto-enrolment was introduced for large employers in 2012. The provisions compel employers to register with TPR (www.tpr.gov.uk/registration), and ultimately provide adequate provision for employee pensions through an AE process. Employees can opt out, and certain jobholders can have their inclusion in the process postponed, but the responsibility lies firmly with employers to put proper systems more
Jun 21 2016 Fuel Scale Charges from 1 May 2016 Categories: EQ AccountingPayroll The VAT Fuel Scale Charge is a simplified way of taxing the private use of car fuel. If you use your business vehicle for private use you can claim all the VAT on road fuel as long as you apply the appropriate fuel scale charge. You will need to know the CO2 emissions rating of more