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Filtered By Category: Taxation

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

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

May 29 2016

Land and Buildings Transaction Tax Levy

Categories: Taxation

Are you considering purchasing a second property as a buy-to-let or as a second home? If so then you may be liable to a new 3% levy on the purchase price of the property which comes into effect from 1 April 2016. In Scotland, Land and Buildings Transaction Tax (LBTT) replaced UK Stamp Duty Land more

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