Sep 10 2019 Helping our clients with their long-term goals Categories: Food & Drink There can be many reasons businesses look to diversify, whether to generate further income, use surplus assets, increase their portfolio or take advantage of a growing trend. Of course, any new enterprise requires careful consideration and advice in relation to finance, tax, business structure and strategy. The Cuthbert family have been clients of EQ for more
Sep 9 2019 HMRC announce delay to Domestic Reverse Charge VAT for Construction Services Categories: Property & Construction Following on from our previous article regarding the Domestic Reverse Charge VAT (DRC) for Construction Services, HMRC have announced a delay to the implementation for 12 months. The DRC was due to come into force from 1 October 2019, but after meeting with a coalition of construction organisations, led by the Federation of Master Builders more
Aug 29 2019 Electric vehicles – what are the benefits? Categories: TaxationTechnology Climate change is high on everyone’s agenda and with transport accounting for a quarter of the UK’s carbon emissions, interest in Electric Vehicles (EV) is increasing. We are frequently asked to outline the financial and tax benefits of choosing an EV over a conventional vehicle. In Scotland, there are benefits for individuals, and for businesses, more
Aug 21 2019 Are you invested in protecting your business online? Categories: Professions Online Security continues to be a top concern for the modern-day business. The increasing reliance on computers and technology has changed the business world for better, and for worse. Something as simple as an email link can allow hackers into your server and give them full access – you have all probably received the HMRC more
Aug 14 2019 Helping bring the 2nd Kirriemuir Scout Group into the digital age Categories: BookkeepingCharitiesTechnology Scouting, or the Scout Movement, is a registered charity which attracts many young people worldwide, including Richard Branson, Barack Obama and David Beckham as previous members. Currently there are 450,000 young people in Scouting, spread across five sections: Beaver Scouts, Cub Scouts, Scouts, Explorer Scouts and the Scout Network. Each section has its own balanced programme more
Aug 2 2019 VAT Domestic Reverse Charge – What does it mean for the construction sector? Categories: Property & Construction It’s now less than 2 months before a significant change will affect most businesses in the construction sector. From 1 October 2019, the new Domestic Reverse Charge (DRC) for construction services will take effect. HMRC have advised that the changes are designed to combat missing trader VAT fraud in the construction sector. Who will be more
Jul 26 2019 Basic Payment Early Loan Scheme Categories: Agriculture The Scottish Government has announced that they will again be offering an early Basic Payment loan scheme to eligible farmers. A loan of up to 95%, a 5% increase on the previous year, will be paid from early October. Farmers should expect to see the loan paperwork in the post from early September and they more
Jul 24 2019 Are you claiming tax relief on vital children’s nursery resources? Categories: Healthcare Capital allowances can offer much needed tax relief to a tax paying business. By claiming capital allowances on plant and machinery, in most cases, the full cost of an item can be deducted, reducing the final tax bill. This is achieved using the Annual Investment Allowance (AIA), which has a temporary limit of £1m per more