Mar 17 2021 The final Strategic Framework Business Fund payment and Restart Grant Categories: COVID-19Leisure As mentioned in our previous article, the Strategic Framework Business Fund (SFBF) provides grants to businesses that were required to close by law or to significantly change their operations due to COVID-19 restrictions from 2 November 2020. If you still haven’t applied to the SFBF, you should do so as soon as possible through your Local Authority as applications more
Mar 15 2021 Small Accommodation Providers Paying Council Tax Fund Categories: COVID-19Leisure The Scottish Government has announced new funding to support small accommodation providers impacted by the pandemic. Eligible Bed & Breakfasts, guesthouses, small serviced accommodation providers and other self-catering businesses that pay council tax can now access the new Small Accommodation Providers Paying Council Tax Fund (SAP-CTF). The fund will provide support to council tax paying small more
Mar 10 2021 Off-payroll working rules (IR35) from April 2021 within the Construction sector Categories: Property & Construction With the off-payroll working rules (IR35) changes coming into effect from April 2021, those working in the construction sector should use this time to properly prepare for how these changes will impact their workforce and their business. Under the legislation, large and medium companies will need to assess if contractors providing services through personal service more
Mar 9 2021 Budget 2021 – VAT Rates for hospitality and leisure business Categories: LeisureTaxation The Chancellor’s Budget extended the current 5% reduced rate for hospitality and leisure business for six months to 30 September 2021 followed by an interim rate of 12.5% before reverting to the standard rate of 20% from 1 April 2022. The extension will be welcomed by all as many businesses have been able to pass more
Mar 3 2021 How the Budget announcements affect the hospitality sector Categories: Leisure Following the devastating effect of the pandemic on hospitality, today’s Budget signalled an outline for the sector to return to “normality”. So, what were the key announcements? Funding sources Coronavirus Job Retention Scheme extended to 30 September 2021 with employers required to make contributions from July onwards Self-employment funding similarly extended with the 4th and more
Mar 2 2021 The Regional Food Fund reopened for applications Categories: COVID-19Food & Drink The Scotland Food & Drink Partnership’s Regional Food Fund has reopened for applications. Supported by the Scottish Government, the latest round of funding has £100,000 available to help drive projects that celebrate locally sourced and produced food and drink across Scotland. Managed by Scotland Food & Drink, local projects can apply for grants of up to more
Feb 23 2021 Finding the right project management software for your business Categories: Cloud AccountingTechnology Our EQ Technology team work closely within the sector to find the best solutions for our clients and understand that one of the most important roles for businesses is to manage the costs and income of individual projects it is undertaking. Projects in IT and technology are often complex and it is important to establish more
Feb 19 2021 Non-domestic rates relief extended in Scotland Categories: COVID-19Leisure Cabinet Secretary for Finance, Kate Forbes, has announced that 100% non-domestic rates relief for the retail, hospitality, leisure and aviation sectors will be extended to cover all of the 2021-22 financial year. This builds on the three month rates relief extension announced in the Scottish Budget and will be taken forward provided the Scottish Government more