Latest News

May 29 2019

A Day in the Life of a Bookkeeper

Categories: Amber AccountingPeople

At EQ, we understand that juggling the financial and operational side of your business, at the same time as actually running the business, is not easy. That’s why we have a dedicated department called Amber Accounting, to offer our expertise and support to your day-to-day financial controls, to allow you to focus on running your business. Our more

May 28 2019

Bridging Software for Making Tax Digital

Categories: Amber AccountingMaking Tax DigitalTaxation

With the advent of Making Tax Digital (MTD), HMRC will be expecting all businesses caught within the scheme to submit VAT returns through software, rather than through the traditional Government Gateway. Most software providers have now released MTD compliant software and this may involve paying to upgrade existing systems or changing them completely. Whilst some more

May 24 2019

Trainee Solicitors – Investing for the future

Categories: Professions

The Law Society of Scotland have recommended that trainee solicitors should receive a minimum salary increase in 2019/20 of £500. This will mean a minimum salary of £19,500 for first year trainees and £22,500 for second year trainees. The recommended rate is only advisory but sets the benchmark for member firms. Although employers have discretion more

May 23 2019

Enterprise Management Incentives – A tool in the war for talent

Categories: Engineering & Manufacturing

With a highly competitive labour market, retaining a skilled workforce and rewarding long-term loyalty are key priorities for businesses in all sectors, but particularly the Engineering and Manufacturing sector. According to recent research, businesses in Scotland are struggling to recruit and retain workers with the right skill set. A popular method for many privately owned more

May 16 2019

Amended VAT Rules Affecting the Hospitality Industry

Categories: Leisure

HMRC amended the rules of how to treat VAT on deposits and retained payments where a service is not used, or goods have not been collected. This impacts on the ‘no-shows’ in the hospitality sector, when you have taken a deposit which is non-refundable, but your customer does not show up or cancels their booking. more

May 15 2019

Getting to Know You – Scott Greig

Categories: People

Scott is a Principal Manager, originally based in our Forfar office, he moved to our Cupar office in 2015 to strengthen our agricultural services. He attained his CA qualification in 2012 after training with the firm and has a varied client portfolio but specialises in supporting our agricultural clients. We caught up with Scott to more

May 9 2019

EQ are finalists for the Tax Team of the Year Award!

Categories: EQ NewsTaxation

We are excited to announce that we have again been shortlisted for the Tax Team of the Year award category at the Business Insider Scottish Accountancy and Finance Awards 2019. Now in their 12th year, the awards recognise achievement in the accountancy and finance sector, rewarding quality, commitment and innovation. We were required to illustrate more