May 14 2019 Working With Our Clients – No Matter The Distance Categories: EQ AccountingHealthcareMaking Tax Digital As well as professionalism, expertise and trust, your accountant should work around you – making your business run more efficiently, rather than eating into too much of your valuable time. Time is something that South Uist Medical Practice, based in the Outer Hebrides, does not have to waste. With their priority being their 1000+ patients, more
May 9 2019 EQ are finalists for the Tax Team of the Year Award! Categories: EQ NewsTaxation We are excited to announce that we have again been shortlisted for the Tax Team of the Year award category at the Business Insider Scottish Accountancy and Finance Awards 2019. Now in their 12th year, the awards recognise achievement in the accountancy and finance sector, rewarding quality, commitment and innovation. We were required to illustrate more
May 7 2019 How to avoid the Annual Investment Allowance trap Categories: Property & ConstructionTaxation Following on from our previous article regarding the recent changes in the Annual Investment Allowance (AIA), businesses need to be careful as any qualifying capital expenditure falling within the allowance could be eligible for 100% tax relief. Below is a more detailed explanation of how you can avoid the AIA trap. On 1 January 2019, a more
May 3 2019 Our Taxation News – Spring 2019 is now available! Categories: Taxation Our Taxation News – Spring Edition is now available, featuring segments from each of our tax services, as well as client profiles and the latest tax round-up news. Our newly designed bulletin, in keeping with our dedicated tax website, showcases the fantastic and varied tax expertise, experience and excellence we provide to our growing client more
May 2 2019 EQ Supports Fife Engineering Firm Move to Employee Ownership Categories: Engineering & ManufacturingTaxationTechnology With the support from our Taxperts, G S Brown Limited has safeguarded its future by moving into an Employee Ownership Trust (EOT) structure. In a move that secures the business in its Fife location, owners Des and Mike Brown transferred the majority of the company’s shareholding to the Trust for the benefit of the company’s 27 more
Apr 22 2019 Summary of Recent Changes to Capital Allowances Categories: Taxation The 2018 Autumn Budget confirmed a number of changes to capital allowances, all of which are now in force. Capital allowances can provide substantial tax savings to businesses and it is therefore important that these are maximised where possible. Structures and building allowance (SBA) From 29 October 2018, capital allowances are now available for new more
Apr 8 2019 New Tax Year Categories: Taxation Saturday (6 April 2019) was the start of the new 2019/20 tax year, bringing into effect changes to income tax bands and allowances. The personal allowance is now £12,500, up £650 from £11,850 in 2018/19. However, there remains a reduction in the personal allowance for those with ‘adjusted net income’ over £100,000. The reduction is more
Apr 2 2019 EQ celebrate significant growth over the last five years Categories: EQ NewsTaxation We are delighted to be celebrating significant growth, with an increase in turnover to £7.5M, compared to £3.8M in 2014 – almost 95% in just five years. During the same period, our staff numbers have grown from 70 to 130. While a proportion of our growth can be attributed to the acquisition of offices in Fife more