Jun 16 2020 The Bed & Breakfast Hardship Fund now open for applications Categories: COVID-19Leisure The Scottish Government’s new hardship fund launched today to help Bed & Breakfast and Small Serviced Accommodation Providers affected by COVID-19, that do not have business bank accounts. The Bed & Breakfast Hardship Fund is designed to help those who have not been able to access support through other schemes, offering successful applicants a one-off payment more
Jun 12 2020 Welcomed announcement for tourism businesses Categories: COVID-19Leisure Cabinet Secretary for Rural Economy & Tourism, Fergus Ewing confirmed that tourism businesses should prepare for a provisional return to trading on 15 July, however this is conditional on moving to the third phase of the Scottish Government route map for easing lockdown restrictions. A new Scottish Recovery Tourism Taskforce will assist with the ongoing reset more
Jun 8 2020 Are you aware of the VAT treatment on certain takeaway items? Categories: Food & DrinkTaxation With many restaurants and cafes opening as takeaway only due to the impact of coronavirus, we wanted to highlight the different VAT rules that can apply to certain items. All hot or cooked takeaway food and most drinks will continue to be subject to VAT at 20% but there are some cold items that can more
Jun 5 2020 Further delays to the Domestic Reverse Charge VAT for construction services Categories: Property & Construction HMRC have today announced a further delay to the implementation of the Domestic Reverse Charge VAT (DRC) for Construction Services until 1 March 2021. The reason for this delay is to limit the impact to the construction sector who is already feeling the effects of the coronavirus pandemic. HMRC has also added an amendment to more
Jun 4 2020 Summary of support measures for healthcare businesses Categories: COVID-19Healthcare Healthcare businesses across all professions have been overtly affected by the current COVID-19 pandemic, and our EQ Healthcare team have been working to make sure our clients receive the relevant support and funding available to them. We have assisted a number of our healthcare clients with applications for various loans and grant funding, including the Pivotal more
May 29 2020 Main Sponsors of the Scottish Agricultural Show Online Categories: AgricultureEQ News As leading providers of accountancy, tax and business advisory services to agriculture businesses across Scotland, we are delighted to be confirmed as main sponsors of the Scottish Agricultural Show Online. The bespoke website for the show will launch on Friday 29th May, with the show itself taking place on 3rd and 4th July 2020. The show will more
May 27 2020 How we’ve been supporting our healthcare clients Categories: COVID-19Healthcare Over recent weeks we have been assisting a number of our healthcare clients with applications for various loans and grant funding made available to give businesses financial support during the current crisis. One such form of support from the Scottish Government is the Pivotal Enterprise Resilience Fund (PERF), which provides grants to SMEs who are more
May 15 2020 Small Business Grant Scheme to provide support for charities Categories: CharitiesCOVID-19 The Scottish Government has announced that they are extending the Small Business Grant Scheme to eligible charities who occupy rateable properties and meet the specific criteria. This will allow charities to apply for grants of up to £10,000 for properties which are in receipt of any Charitable Rates Relief or Sports Relief, but are otherwise more