Apr 27 2020 Supporting our charity of the year, SAMH, with our #TwoPointSixChallenge Categories: CharitiesPeople The cancellation of thousands of fundraising events up and down the country due to the ongoing pandemic has resulted in the loss of billions of income through fundraising events meaning many charities are facing unprecedented challenges. Some of the UK’s leading charity event organisers worked together to create the 2.6 Challenge to raise funds for the more
Apr 24 2020 Land register applications new digital submission service Categories: Professions As discussed in our previous article, Registers of Scotland (RoS) have been working on a new framework for the short-term house sales that were due to be concluded. From Monday 27 April, legal professionals can now upload land register applications via the RoS new digital submission service. The digital submission service deliberately mirrors existing paper more
Apr 23 2020 The Future Fund pledges support to innovative businesses Categories: COVID-19Engineering & Manufacturing On 20 April 2020, the UK Government announced a Future Fund to help innovative and dynamic companies, including engineering and manufacturing businesses, which have found it difficult to access other Government support packages, such as the Coronavirus Business Interruption Loan Scheme (CBILS). As we detailed in our previous article, the current proposals indicate that matched more
Apr 22 2020 Improving cashflow for the construction sector – R&D tax credits Categories: COVID-19Property & ConstructionTaxation During the COVID-19 pandemic, the inability to work on site is having a massive cashflow implication for all businesses in the construction sector. As well as various support packages provided by the Government, either by way of grant, deferment of taxes or bank funding, there are other options that can be considered to increase cash more
Apr 17 2020 Scottish Seafood Business Resilience Fund Categories: COVID-19Food & Drink The Scottish Government have set up a specific £10m fund to help seafood and shellfish businesses affected by COVID-19. The seafood sector has been particularly impacted by the ongoing pandemic given its reliance on exports and the collapse of the domestic food service market resulting in many seafood processors encountering severe hardship. The grant is more
Apr 16 2020 Summary of support measures for farming businesses Categories: AgricultureCOVID-19 Farming businesses will not be immune from the current economic impacts of the COVID-19 pandemic. We’ve summarised below the main support measures which have been announced so far. Self Employed Income Support Scheme (SEISS) Most farmers still trade as a partnership or sole trade and consequently are self-employed. The SEISS is intended to support self-employed more
Apr 15 2020 Tax issues facing the Food & Drink sector – identifying tax opportunities Categories: COVID-19Food & Drink In these unprecedented times, you might think that tax is the last thing to consider, but it’s not all bad and there are ways you can look for opportunities. As proud members of Scotland Food & Drink, a key sector leader promoting the interests of Scotland, we have summarised some of the tax issues facing the more
Apr 14 2020 Charities are encouraged to apply for the Wellbeing Fund Categories: CharitiesCOVID-19 There has been growing concern that some charities are facing unprecedented financial hardship due to the impact of COVID-19. On 8 April, Chancellor Rishi Sunak announced a £750m package to keep struggling charities afloat and also reiterated that they were eligible for the Coronavirus Job Retention Scheme. The Scottish Government had previously pledged a £350m more