Latest News

Filtered By Category: Leisure

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

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