Sep 1 2020 The Digital Development Loan Categories: COVID-19Technology The COVID-19 pandemic has changed the way businesses operate. Whether it’s more health and safety measures on site, meeting clients over Zoom, or working from home – technology has proved to be a valuable asset in surviving the pandemic. The pandemics disruption of supply chains can result in significant loss of revenue but investing in more
May 8 2020 Tech businesses still hopeful of growth despite COVID-19 Categories: COVID-19Technology According to a recent survey published by ScotlandIS, the digital technology sector in Scotland had increased sales and profit margins during 2019 and despite the challenges faced due to the COVID-19 pandemic, many businesses have identified areas for continued growth over the rest of the year. The survey showed that cloud servicing, connectivity and remote working were more
Apr 13 2020 Innovate UK launch £20m funding competition for games industry Categories: COVID-19Technology On Friday 3 April, Innovate UK launched a funding competition which will invest up to £20 million in innovation projects as a direct response to the global COVID-19 pandemic. Open to all UK-registered companies, the competition covers areas that are directly relevant to those in the games industry. The competition has been created to support more
Mar 5 2020 Working together to support technology start ups Categories: TaxationTechnology The owner of an American company wanted to set up a new UK subsidiary, in partnership with a Scottish University, and approached EQ to discuss how best to structure. After early discussions, it became clear that funding was an issue that needed to be addressed. The possibility of setting the company up to secure EIS more
Jan 28 2020 Corporate Finance Deal Done! Categories: Corporate FinanceTechnology We recently helped facilitate a £7.6 million company sale for a client in the technology sector. Our client is a Scottish company which is at the forefront of a niche sector. The business was owned by a combination of institutional investors and key employees (via an EMI scheme which EQ had previously implemented), and the more
Oct 29 2019 Electric Vehicles – a tax efficient employee benefit Categories: TaxationTechnology Following on from our previous article which considered the tax implications of purchasing a car for use in your business, we now discuss why it is the optimum time to purchase an Electric Vehicle (EV). According to Auto Express, some of the best EV’s to buy in 2019 include brands such as Tesla, Jaguar, Mercedes more
Sep 19 2019 Supporting you through the funding process Categories: Technology The grant funding process can require total project costs and details of the amount of funding that is required, along with a breakdown of the projects work, timescales and potential future benefits that will arise on completion of the project. This can be time consuming and if not completed correctly, and on time, can delay or 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
