Nov 22 2019 The rise of contactless payments Categories: Food & DrinkTaxation Contactless payments are becoming increasingly popular, especially in the food and drink industry, where it is estimated that half of all debit card transactions are contactless. In the UK, contactless payments on debit and credit cards have a maximum limit of £30 however mobile payment methods, such as Apple Pay and Google Pay, are better more
Oct 25 2019 Significant purchase activity in the hotel sector Categories: Leisure In the past two years particularly, our specialist leisure team has seen a spike in the volume of hotels being bought and sold in Scotland, many of which we have been directly involved in. Whilst there have been a number of ‘corporate purchasers’, there is still strong demand from independent operators and from the overseas more
Sep 24 2019 We are proud to co-sponsor Angus Brewfest alongside Thorntons Categories: EQ NewsFood & Drink We are proud to again co-sponsor Forfar’s answer to Oktoberfest – Angus Brewfest, an annual food and drinks festival taking place at Strathmore Hall in John Street. Sponsored by Thorntons Solicitors and EQ Chartered Accountants, this year’s live music entertainment includes ‘Dogs off the Lead’ – an unplugged acoustic set performed by local band Dog more
Sep 13 2019 Helping our food & drink clients explore ‘untapped’ tax savings Categories: Food & DrinkTaxation Research and Development (R&D) tax credits are a government incentive designed to reward UK companies for investing in innovation and we urge food and drink businesses to explore the potentially significant tax savings often associated with manufacturing or scientific companies. Our Taxperts have claimed over £0.5M R&D tax savings for 13 food and drink clients within the last more
Sep 10 2019 Helping our clients with their long-term goals Categories: Food & Drink There can be many reasons businesses look to diversify, whether to generate further income, use surplus assets, increase their portfolio or take advantage of a growing trend. Of course, any new enterprise requires careful consideration and advice in relation to finance, tax, business structure and strategy. The Cuthbert family have been clients of EQ for more
Jul 12 2019 How park owners can improve their Business Property Relief qualifying status Categories: Leisure Business Property Relief (BPR) ensures, on death, that ownership of a business can pass through the estate of the deceased person, to the beneficiaries, without any inheritance tax (IHT) applying. Securing status is an implicit acceptance that the business is trading too, thereby allowing owners to claim capital gains and other tax reliefs. Recent case more
Jun 19 2019 Supporting local producers with our ‘EQ Food & Drink Pavilion’ at Turriff Show Categories: AgricultureFood & Drink We are delighted to be supporting the 155th Annual Turriff Show, held on 4-5 August 2019, by helping them expand their support of local food and drink producers with sponsorship of the EQ Food & Drink Pavilion. The EQ Food & Drink Pavilion will house over 50 stalls featuring some of the best produce from growers and makers more
May 30 2019 Environmental Initiatives set to impact Hospitality Industry Margins? Categories: Food & DrinkLeisure In February 2019, The Department for Environment, Food and Rural Affairs (Defra) launched its consultation on the bottle deposit scheme adopted from successful schemes in Denmark, Finland, Germany, Norway, the Netherlands and Sweden. The scheme aims to cut plastic bottle and can pollution by introducing a deposit return scheme (DRS) with packaging manufacturers paying the more
