May 25 2016 Significant Changes to the Taxation of Residential Property Categories: Taxation Individuals who own and let property are facing significant changes to the way in which their rental income is taxed and also to the deductions they can make from their rents. There are new increases in certain allowances and additional surcharges due on the purchase of second homes so we would advise you to review more
May 17 2016 Long term solutions or sticking plasters? Categories: Taxation Chancellor, George Osborne, delivered his latest Budget on 16 March in the midst of some uncertainty in the global marketplace. He adopted a bullish stance to illustrate the government’s track record to date and signalled his intentions for the rest of the Parliament. His “vote grabbing” measures included a proposed drop in corporation tax to more
Mar 1 2016 Annual Post Budget Analysis 2016, 1st March 2016 Categories: Taxation Tax is an increasing burden on many individuals and businesses and good tax planning must form part of your own cost management. With that in mind, we are holding our Annual Post Budget Analysis on Friday 18 March 2016. To reserve your place please email christine.sewell@eqaccountants.co.uk indicating which venue you would like to attend:- Rothes more
Feb 5 2016 Year end tax review Categories: Taxation Now that the end of January tax season is behind us, the next major taxation milestone is the end of the tax year, i.e. 5 April 2016. With good planning becoming ever more important, EQ has produced a pre year end planning document for you. We’d encourage you to read this (Download here) and then arrange more
Nov 26 2015 Autumn Statement 2015 Categories: Taxation It was the Autumn Statement preceded by rumour, dire warnings and in the final analysis, the tax related changes were minimal. It’s fair to say the Chancellor has a negative view of buy to let property investors and the proposed 3% SDLT surcharge for those individuals buying a second home or a buy to let more
Nov 4 2015 Early Christmas gift for Golf Clubs? Categories: Taxation HM Revenue & Customs have issued an update on their position on the outcome of the Tribunal hearing on the Bridport Golf Club VAT claim, which involves the VAT liability on Golf green fees. HMRC’s position is that to simply repay to Golf clubs the full amount of any claim could result in an ‘Unjust more
Sep 23 2015 Research & Development Tax Credits Categories: Taxation HMRC have recently published their statistics for R&D showing a further increase in the number of claimant companies. Whilst those numbers are encouraging, take up of the relief is still modest particularly amongst the SME community. Head of EQ Taxation, David Morrison, commented, “There remain many companies in Scotland who have yet to unlock the more