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Filtered By Category: Taxation

May 25 2016

Significant Changes to the Taxation of Residential Property

Categories: Taxation

Individuals who own and let property are facing significant changes to the way in which their rental income is taxed and also to the deductions they can make from their rents. There are new increases in certain allowances and additional surcharges due on the purchase of second homes so we would advise you to review more

May 17 2016

Long term solutions or sticking plasters?

Categories: Taxation

Chancellor, George Osborne, delivered his latest Budget on 16 March in the midst of some uncertainty in the global marketplace. He adopted a bullish stance to illustrate the government’s track record to date and signalled his intentions for the rest of the Parliament. His “vote grabbing” measures included a proposed drop in corporation tax to more

Mar 1 2016

Annual Post Budget Analysis 2016, 1st March 2016

Categories: Taxation

Tax is an increasing burden on many individuals and businesses and good tax planning must form part of your own cost management. With that in mind, we are holding our Annual Post Budget Analysis on Friday 18 March 2016. To reserve your place please email indicating which venue you would like to attend:- Rothes more

Feb 5 2016

Year end tax review

Categories: Taxation

Now that the end of January tax season is behind us, the next major taxation milestone is the end of the tax year, i.e. 5 April 2016.  With good planning becoming ever more important, EQ has produced a pre year end planning document for you.  We’d encourage you to read this (Download here)  and then arrange more

Nov 26 2015

Autumn Statement 2015

Categories: Taxation

It was the Autumn Statement preceded by rumour, dire warnings and in the final analysis, the tax related changes were minimal. It’s fair to say the Chancellor has a negative view of buy to let property investors and the proposed 3% SDLT surcharge for those individuals buying a second home or a buy to let more

Nov 4 2015

Early Christmas gift for Golf Clubs?

Categories: Taxation

HM Revenue & Customs have issued an update on their position on the outcome of the Tribunal hearing on the Bridport Golf Club VAT claim, which involves the VAT liability on Golf green fees. HMRC’s position is that to simply repay to Golf clubs the full amount of any claim could result in an ‘Unjust more

Sep 23 2015

Research & Development Tax Credits

Categories: Taxation

HMRC have recently published their statistics for R&D showing a further increase in the number of claimant companies. Whilst those numbers are encouraging, take up of the relief is still modest particularly amongst the SME community. Head of EQ Taxation, David Morrison, commented, “There remain many companies in Scotland who have yet to unlock the more