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Filtered By Category: Leisure

Mar 22 2017

Are you looking for ways to save time in your business?

Categories: EQ AccountingLeisure

We have found that the level of automation available from using accounting software, such as Xero, benefits a business by reducing the time taken to process the books and records. Take Bank Rules as an example, they are an important tool when processing bank transactions. These allow the user to define how recurring entries should more

Jun 8 2016

Ceremony room hire not VAT exempt

Categories: Leisure

A recent First Tier Tribunal VAT case has highlighted the need for hotels and other wedding venues to ensure that the correct VAT treatment is applied to the hire of a room for a wedding ceremony. In the case of Blue Chip Hotels Limited vs Revenue & Customs Commissioners the tribunal heard that the hotel more

May 25 2016

EQ Leisure advises on major acquisition

Categories: Leisure

EQ Leisure recently advised on a seven figure tourist accommodation acquisition in central Scotland. Our involvement included exploring options for debt finance, structuring of the finance and ownership, VAT and capital taxes planning. EQ Partner, Graeme Davidson commented “We were delighted to be able to assist our client with this ambitious acquisition. Tourism contributes some more

May 24 2016

Service charge changes

Categories: Leisure

Employers in the hospitality industry could face significant changes in the way they have to handle tips and service charges. The Government has published its Consultation Document which is aimed at addressing concerns regarding the collection and payment of tips and services charges to employees. Some of the proposals could have a major impact on more

May 24 2016

Scottish Hotel Awards – Success of EQ Client

Categories: Leisure

The 13th annual Scottish Hotel Awards, which celebrate the incredible talent and outstanding service found within the Scottish Hotel industry, were held recently at the Sheraton Grand Hotel in Edinburgh and EQ would like to congratulate all the fantastic businesses and individuals who were recognised on the night. Whilst EQ are delighted for all the more