Latest News

Aug 30 2022

You’re a newly qualified associate dentist – now what?

Categories: Healthcare

Congratulations! After years of hard work you are now a newly qualified associate dentist. However, as you are now self-employed there is lots to think about so we’ve covered some of the main queries below. Do I need an accountant? You will need to register with HMRC as self-employed. If you appoint an accountant they more

Aug 30 2022

Upcoming changes affecting Sage 50 v26.2 and below

Categories: Cloud AccountingEQ Accounting

Sage have announced a new update to bring Sage 50 in line with industry standard security protocols which protect your data and provide long term sustainability of the software. While this is done to enhance the use of the product, the latest update will mean older versions of Sage 50 Accounts and Sage 50cloud Accounts more

Aug 29 2022

A warm welcome to our eight new graduate trainees

Categories: EQ NewsPeople

We are delighted to welcome eight graduates who begin their journey to become a Chartered Accountant with us. Each year, we provide graduate training contracts to graduates who want to train to become a Chartered Accountant, delivering an intensive, diverse three-year training programme across accountancy, taxation, and audit. Our new recruits receive a unique training more

Aug 16 2022

Changes to the OSCR online system

Categories: Charities

The Office of the Scottish Charity Regulator (OSCR) is upgrading their online system for charities registered in Scotland. The online system is used to: submit a charity’s online annual return update a charity’s contact details amend some of the information about a charity on the Scottish Charity Register. If you are registered as the principal more

Aug 11 2022

Relaunch of the Recovery Loan Scheme

Categories: EQ News

The Recovery Loan Scheme (RLS), offering Government-backed loans to small and medium sized businesses, has been extended for a further two years. Originally launched in April 2021 to help businesses recover from the pandemic, the RLS extension will remain in place until June 2024 to improve the terms on offer to UK small and medium more

Aug 3 2022

10 ways to help with the cost of living

Categories: Property & ConstructionTaxation

The cost of living crisis is putting additional strain on businesses and households that are already feeling the aftereffects from the various challenges over the past few years. We have identified some areas below that could help reduce costs and potentially save you money. Remuneration Planning Are you paying yourself tax efficiently? For example, those more

Jul 29 2022

Accruals Basis or Receipts and Payments Accounts

Categories: Charities

Small Scottish charities, with income of up to £250,000, are permitted to prepare accounts on the receipts and payments basis. This is a simple format which can reduce compliance fees and make accounts easier to understand, a real bonus for small charities. In receipts and payments basis accounts, income and expenditure are shown in terms more