Latest News

Dec 18 2023

New online service for VAT DIY Housebuilder claim

Categories: Property & ConstructionTaxation

HMRC have launched a new online service which allows DIY housebuilders the ability to recover VAT incurred on their build.  This should hopefully speed up the VAT reclaim process. Previously the claims had to be done manually and involved sending paperwork by post to HMRC. For some background information, the DIY Housebuilder scheme tries to more

Dec 15 2023

Are dentists paying the correct amount of tax?

Categories: Healthcare

The deadline for filing your Self Assessment tax return, 31 January 2024, is fast approaching. If you file late, even by 1 day, you will be charged penalties, with interest also charged if your payment is late. We always advise that returns are prepared as early as possible to allow for planning of tax liabilities, more

Dec 15 2023

How did the Autumn Statement impact FHL’s?

Categories: Leisure

In the weeks prior to the Autumn Statement, there had been rumours of an extension to the nil rate band for Inheritance Tax (IHT), but as it transpired, there was nothing mentioned. That ensures that any family succession or estate planning can proceed without the inconvenience of rules changes, with various IHT reliefs also left more

Dec 11 2023

Keeping it in the family

Categories: Leisure

The holiday park sector has always been heavily populated with family-owned businesses, often spanning several generations. Succession matters are perhaps the most important issues within family businesses, in particular picking the right method by which to pass on the family business. It would normally be assumed that this would be done by way of gift, more

Nov 21 2023

Changes to Statutory Paternity Leave from April 2024

Categories: EQ AccountingPayroll

Legislation changes to Statutory Paternity Leave (SPL) and Pay (SPP) will take effect from 6 April 2024 allowing employed fathers more flexibility to decide how and when they take their leave. Following consultation in 2019, a new policy led by The Department for Business and Trade which covers Great Britain but not Northern Ireland, will more

Nov 9 2023

How we support our clients, Morgan Patterson Group

Categories: EQ NewsHealthcarePeople

Buying their own dental practice is the ultimate career goal for many dental professionals, with some aspiring to run multiple practices. Whether it’s setting up squat practices, buying into an existing practice or acquiring practices outright, it’s important to have an accountant who can help to navigate the complexities and ensure you are making the more

Nov 3 2023

Warm welcome to our new Chief Executive Officer!

Categories: EQ NewsPeople

We are delighted to announce the appointment of Craig Nicol as Chief Executive Officer (CEO). Craig has worked with EQ as a non-executive director for the last 14 months. Together with all the Partners, he has been focused on the next phase of the firms growth journey. He will lead the organisation with a continued more