Latest News

Jan 21 2020

Capitalise on the enhanced AIA limit before it expires

Categories: Food & Drink

Food and Drink producers often operate in a capital-intensive business environment. To continue to grow and invest in new plant and equipment, capital allowances are available which reduce the taxable profit, making investments more attractive. On 1 January 2019, the Government introduced an enhanced Annual Investment Allowance (AIA) limit, from £200,000 to £1million. The two-year more

Jan 17 2020

Understanding ‘NHS Earnings’ for the purposes of the GP234 form

Categories: Healthcare

The 28 February 2020 deadline to fill out the GP234 form is fast approaching! If you are eligible to claim for the rental reimbursements from the NHS, the Practitioner Services must receive the completed form by this deadline date. Part of the form requires the dental professional to assess the NHS earnings as a percentage more

Jan 15 2020

Is Xero the cure to your CIS headache?

Categories: Amber AccountingProperty & Construction

Under the Government’s Construction Industry Scheme (CIS), contractors must deduct money from the payments they make to subcontractors to go to HMRC. These are treated as advance payments for tax and National Insurance contributions. CIS applies to businesses involved in the construction industry, and can affect businesses that are not actually in the industry but more

Jan 14 2020

Corporate Finance Deal Done!

Categories: Corporate Finance

We recently completed a business purchase to the value of £3.25m for a company in the leisure sector. Our client is a Scottish tourism business that was looking to expand their portfolio through acquisition.  EQ acts for many leisure businesses in Scotland and has extensive expertise in the issues involved. What type of work was involved? more

Jan 9 2020

From Trainees to Partners

Categories: EQ NewsPeople

We are delighted to announce that three of our Principal Managers have been promoted to Partners. Rachel Bell, Scott Greig and Robert Young will take on their new roles from 1 April 2020. Since joining the firm as trainees, Rachel, Scott and Robert have shown dedication and commitment to their ongoing development, both professionally and more

Dec 20 2019

The transition to Open Banking

Categories: Amber Accounting

There have been recent changes within banking to standardise the way data can be accessed from different bank accounts in one place, including the introduction of Open Banking. Launched in 2018, Open Banking has transformed the way you bank online by offering more up to date bank feeds from banks into accounts systems, for example more

Dec 18 2019

Celebrating the ‘Accountancy Age: 35 under 35 2019’ announcement

Categories: People

We are excited to announce that Robert Young, Principal Manager in our Forfar office, has been named in the Accountancy Age ’35 Under 35 2019′ list. We are delighted that Robert’s hard work has been recognised within the prestigious rankings that showcase the industry’s rising talent, and features professionals from across the UK who have more