Feb 22 2022 The Health and Social Care Levy Categories: Taxation In September 2021, the UK Government announced the introduction of a new Health and Social Care Levy (HSCL) to increase funds for the National Health Service. The levy will affect employers, employees and the self-employed from 6 April 2022. In the first year the levy will be collected by a temporary increase to the rates more
Feb 22 2022 Close Contact Services Fund open for applications Categories: COVID-19 The Scottish Government Close Contact Services Fund is open for applications to offer support to close contact service businesses who were affected by the restrictions over the 21/22 festive period. In order to qualify you have should be providing close contact services such as beauty services, hairdressing, etc. If eligible, you will receive a grant in more
Feb 1 2022 Further funding support available for Scottish Food & Drink businesses Categories: COVID-19Food & Drink The Scottish Government has released details on two funding opportunities available for food & drink businesses that were affected by the control measures put in place in December 2021. The applications are now open for the £2 million Scottish Food & Drink Producers Fund and a further round of the Scottish Wholesale Food & Drink more
Jan 26 2022 Less Favoured Area Support Scheme (LFASS) fund restored to £65m Categories: Agriculture On 9 December 2021, the Scottish Government confirmed in its Scottish Budget for 2022/23 that the Less Favoured Area Support Scheme (LFASS) 2021 would be restored to 100% of its funding and will be guaranteed to 2024. This returns the scheme’s budget to £65m, an amount last seen in 2018, and will give a much-needed income more
Jan 19 2022 Consider the timing of your machinery purchases Categories: Agriculture A routine review of tax planning opportunities for farmers will include a review of cashflow and the timing of planned machinery purchases. The capital allowances which are available on those machinery purchases may be significant and therefore valuable to the business, depending on the type of entity the business is and the rate at which more
Jan 13 2022 Coronavirus Statutory Sick Pay Rebate Scheme to be reintroduced Categories: EQ Accounting Update: The Statutory Sick Pay Rebate Scheme closes for COVID-19 related absences after 17 March 2022. Employers have up to and including 24 March 2022 to submit any final claims and/or amend claims they’ve already submitted. On 21 December 2021, the UK Government announced that it would temporarily reintroduce the Coronavirus Statutory Sick Pay Rebate Scheme more
Jan 4 2022 A warm welcome to our new Senior Audit Manager Categories: Audit & ReportingEQ NewsPeople We are delighted to welcome Greg Stapley as a Senior Audit Manager in our Glenrothes office. Greg joined EQ on Monday 3 January, having previously worked at AAB in Edinburgh as an Audit Senior Manager. Originally from Kent where he qualified with ICAEW in 2004, he is now based in Dunfermline with his wife, two more
Dec 23 2021 2021 review of the construction sector Categories: Property & Construction While 2021 has no doubt been a tough year for many construction businesses due to the impact of COVID-19, lockdowns and Brexit, there have also been some unexpected positives. The various lockdowns restrictions have seen homeowners investing their time and money into their properties. Whether it be a new garden room/office, an extension, or a more