Feb 16 2021 Getting the right support for your agricultural business Categories: AgricultureTaxation Different businesses will have different tax issues to consider whether those issues relate to VAT, Income Tax, Capital Gains Tax, Inheritance Tax (IHT) or in some cases, all of these. An example of this is an equestrian business, whose tax needs would depend on whether it is a diversified part of a larger family business, more
Feb 10 2021 Domestic Reverse Charge VAT for construction services coming into force on 1 March 2021 Categories: Property & Construction Construction businesses have a lot to contend with this year, from learning how to operate within the challenges of a global pandemic to having to deal with the additional administration caused by Brexit. On top of that, HMRC are still pressing ahead with the introduction of the Domestic Reverse Charge VAT (DRC) for construction services, more
Feb 8 2021 The Temporary Restrictions Fund for childcare providers Categories: COVID-19Healthcare There are many in Scotland’s childcare sector that continue to provide childcare to vulnerable children or those of key workers who are permitted to attend day care under the revised guidance throughout the pandemic. However, staying open under the new guidance could have a negative financial impact which is why the Scottish Government has made more
Feb 3 2021 Further funding announced to support the Scottish seafood sector Categories: COVID-19Food & Drink To further support fishermen, seafood businesses and ports and harbours that continue to be impacted by the ongoing effects of COVID-19 and the issues surrounding the EU exit, the Scottish Government have announced a new £7.75m funding package. The funding package aims to support the Scottish seafood industry who face ongoing losses due to COVID-19 hospitality more
Jan 29 2021 Can you utilise the temporary closure of your business? Categories: COVID-19Leisure As we work through another national lockdown, the leisure industry finds itself once again dealing with the temporary closure of restaurants, bars and hotels. Although there may have been lessons learnt from previous closures, such as how to identify funding and grants available and implementing procedures in regard to reopening, there is continued pressure on more
Jan 26 2021 How remuneration planning can help your construction company Categories: Property & Construction In light of the COVID pandemic, construction companies have seen a significant reduction in profits and cashflow. To support the continuation of the business, some business owners have had to pay in some of their own money and/or take out less income. Our EQ Property & Construction specialists work together with our clients in order more
Jan 22 2021 £7 million Large Self-Catering Grant and the Exclusive Use Grant Categories: COVID-19Leisure Cabinet Secretary for Rural Economy and Tourism, Fergus Ewing, has announced details of the support available for larger self-catering properties and B&Bs paying Council Tax. As part of the £104.3 million support package for tourism and hospitality businesses announced in December 2020, the £7 million Large Self-Catering Grant and the Exclusive Use Grant will provide financial more
Jan 19 2021 COVID-19 Insurance – are you covered? Categories: COVID-19Leisure The long-awaited judgement by the Supreme Court on the Financial Conduct Authority’s (FCA) business interruption test case was delivered on Friday 15 January 2021, allowing the appeal on behalf of policy holders. This completes the legal process for impacted policies and means that thousands of policyholders will now have their claims for coronavirus-related business interruption losses more