Apr 12 2022 Would an Employee Ownership Trust benefit your children’s nursery? Categories: HealthcareTaxation An Employee Ownership Trust (EOT), when a business is partly or entirely owned by the workforce, can be used to help secure the future of a company. Despite becoming increasingly popular in recent years, there are very few children’s nurseries who have taken advantage of this share option scheme. The first childcare business in Scotland more
Mar 9 2022 The Childcare Sector Omicron Impacts Fund is open for applications Categories: COVID-19Healthcare The Scottish Government’s Childcare Sector Omicron Impacts Fund is now open for applications. The £9.8 million fund will offer one-off grants to childcare sector providers in Scotland who were operating during the Omicron wave. Eligible childcare services will receive a one-off payment of £950 to £4,500, depending on the registered size of each service, with providers with 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
Aug 18 2021 Is it better to sell the shares or sell the assets of your dental practice? Categories: Healthcare When the time comes to sell your incorporated dental practice, you will have two options – sell the shares in the company or sell the assets of your company. Selling the shares in your company will mean that you sell the whole of your company, including assets, goodwill, liabilities, future liabilities. This means as a more
Jul 9 2021 Supporting our client, Shelley Booth Categories: COVID-19Healthcare At EQ, we have spent the past 16 months supporting our clients through turbulent times, but despite what has been going on, some of our clients have used this time to explore new opportunities to ensure their business not only survives, but flourishes through this pandemic. One of these clients is Shelley Booth, who successfully more
Jun 23 2021 Funeral directors – Getting the VAT right Categories: HealthcareTaxation Funeral directors make supplies which, for VAT purposes, are traditionally a combination of standard rated taxable supplies and exempt supplies. When a mixture of taxable and exempt supplies are made by a business, this gives rise to partial exemption calculations to determine how much VAT can be reclaimed on costs incurred in relation to the more
Jun 9 2021 Senior NHS dentists beware of the LTA freeze and McCloud judgement Categories: Healthcare In his recent budget, the Chancellor announced that Income Tax thresholds, Capital Gains Tax annual exemption and Inheritance Tax nil rates bands will all be frozen. One for any senior NHS dentists to watch out for is the freezing of the pension Lifetime Allowance (LTA). LTA normally increases each year with inflation but will now more
Apr 13 2021 Improving the outdoor spaces for children’s nurseries Categories: Healthcare There has been a large push towards outdoor learning over the last few years due to growing evidence that it offers unique opportunities to develop knowledge and skills to support those developed in an indoor classroom-like setting. Outdoor learning is a memorable experience for children and can provide an enriched environment for more active involvement more