Dec 17 2021 Further funding for hospitality and leisure businesses Categories: COVID-19Leisure Following the latest Public Health Scotland (PHS) advice to postpone work Christmas parties and limit the amount of social contact with other households, many hospitality businesses have seen countless numbers of cancellations at one of their busiest times of the year. To offer financial support to those affected, the Scottish Government has announced an update on the support more
Dec 14 2021 Changes to NDR revaluations Categories: Leisure In response to concerns with the non-domestic rates (NDR) system in Scotland, the First Minister established an independent review group (the Barclay Review) in 2016 to consider how the rates system could better support business growth and long-term investment, and reflect changing market places. As a result of this review, the Non-Domestic Rates (Scotland) Act more
Dec 7 2021 The Taxation Basis Period Reform – be prepared! Categories: Professions The draft Finance Bill 2022 includes a major change to how partnerships and sole practitioners are taxed and will impact on many professional practices. The proposals will mean that income tax will be based on actual profits arising in a tax year to 5th April rather than profits in the accounting year ending in the more
Nov 16 2021 How can your food & drink businesses focus on sustainability? Categories: Food & Drink We attended Brodie’s Food and Drink Virtual Conference today and it was interesting to hear the speakers, along with everyone else following COP26, discussing sustainability in food & drink businesses. While there were many issues highlighted, the main one to consider is what can you do to appeal to this additional part of the market. more
Nov 12 2021 Should I incorporate my furnished holiday let business? Categories: Corporate FinanceLeisure Furnished holiday lets (FHLs) can provide a valuable source of income and can help diversify existing business activities. With the COVID-19 pandemic resulting in a substantial increase in “staycations”, FHL and short term let businesses should revaluate their business structure to ensure they are positioned as efficiently as possible to capitalise on the growing market. FHLs more
Nov 5 2021 Supporting our charity of the year, SAMH, with the EQ Glenrothes Office 100km Challenge Categories: CharitiesEQ NewsPeople SAMH has been there for Scotland’s mental health for almost 100 years, and have delivered care and support to thousands. To improve the lives of a lot of people in Scotland, and help create positive change where it is really needed, they rely on the generosity of supporters. To help raise awareness and vital funds for more
Oct 21 2021 Protect your charitable business from online fraud Categories: Charities As charities increase their digital presence, and undertake more activity online, the risk of fraud and theft should be carefully considered, with sufficient controls put in place to help minimise the risks posed. With advances in technology developing at an ever-increasing rate, it can provide valuable efficiencies when used properly, however they also come 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