Latest News

Filtered By Category: Services

Nov 12 2021

Should I incorporate my furnished holiday let business?

Categories: Corporate FinanceLeisure

Furnished holiday lets (FHLs) can provide a valuable source of income and can help diversify existing business activities. With the COVID-19 pandemic resulting in a substantial increase in “staycations”, FHL and short term let businesses should revaluate their business structure to ensure they are positioned as efficiently as possible to capitalise on the growing market. FHLs more

Nov 11 2021

Wee Blue Coo are a happy herd following its move to employee ownership

Categories: Taxation

Our clients Wee Blue Coo Ltd, a print and design firm based in Edinburgh, has rewarded its employees with the keys to the business following their hard work during the global pandemic. Launched from the living room of couple Bob and Joelle Kirkpatrick in the middle of the 2008 financial crash; Wee Blue Coo Ltd has more

Nov 4 2021

Xero package price freeze for our clients

Categories: Cloud AccountingEQ Accounting

From 23 September 2021, Xero increased the price of their monthly subscription plans. The Starter and Standard business subscriptions for new and existing UK customers increased by £2 per month, whilst the Premium subscription increased by £3 per month. If you hold your own subscription, you will automatically see this increase in your regular billing. However, more

Oct 27 2021

Budget Update – “The Prosecco Promise”

Categories: Taxation

Chancellor, Rishi Sunak, was in upbeat mood as he delivered his Budget speech earlier this afternoon. Buoyed by optimistic OBR economic forecasts for the next 5 years, he reeled off a series of spending rounds on health, childcare, education, innovation and hospitality. At the time of writing, without press releases being available, what was most more

Oct 20 2021

Possible changes for associate dentists

Categories: HealthcareTaxation

Many dentists in general practice work as associates, who pay a licence fee to a practice for use of the premises, equipment, materials and staff under an agreed contract with a practice. The British Dental Association (BDA) have a standard contract for this relationship and HMRC use this to operate a concession that automatically classifies them more

Sep 30 2021

Supporting ICS2 to move to employee ownership

Categories: Taxation

Our clients, Dundee-based cable manufacturing firm, ICS2 Cables has handed ownership of the business to its employees through an Employee Ownership Trust (EOT), with the whole process being completed in just six months. Established in 2002, ICS2 Cables was originally based in Glenrothes before moving to larger premises in Dundee. Before its fifth anniversary the more

Sep 8 2021

Date confirmed for Autumn Budget 2021

Categories: EQ NewsTaxation

Chancellor, Rishi Sunak, has announced that the next Budget will be on Wednesday 27 October, around a month earlier than had been anticipated. The announcement on the funding of social care yesterday was a clear signal of intent that the UK Government is looking at the funding of the pandemic. So what might be on more