Latest News

Nov 24 2016

Our Autumn Statement summary is now available to download

Categories: Taxation

On the Autumn Statement David Morrison, Head of EQ Taxation commented “The Chancellor did not fundamentally change course from measures announced by his predecessor George Osborne. One of the most significant changes Philip Hammond announced was the timing of the budget – moving the main budget speech to autumn from next year“ To download your more

Nov 23 2016

Key tax announcements of 2016 Autumn Statement

Categories: TaxationTechnology

This Autumn Statement was effectively a number of firsts. It was Philip Hammond’s first Budget as Chancellor; the first Budget of the Theresa May Government; and the first fiscal statement since the vote for Brexit. It was also the first time since 2010 (when George Osborne became Chancellor) that investment spending was more important than more

Nov 8 2016

Landlords urged to ‘Get their house in order’

Categories: Taxation

Significant tax changes affecting landlords will be outlined as part of National Landlord Day on Tuesday 8 November 2016. Our specialist property tax team are attending the Scottish Association of Landlords in Edinburgh to highlight new legislation affecting those who let their properties out to families, students and other tenants. The advice will then be more

Nov 1 2016

Retirement of Glenrothes Partner

Categories: People

After 26 years with the firm, Peter Southcott retired as a Partner of EQ Accountants LLP at close of business on 31 October 2016. Peter has made an outstanding contribution over that period to the firm and its predecessor practice, Carters. For much of that time, including latterly, he has been a partner in our more

Oct 17 2016

Diversification – don’t forget the tax

Categories: Agriculture

Farming is challenging and often unpredictable, so more and more farmers have looked to diversify their business. Whether it is in the form of renting out land, converting farm cottages into holiday lets or investing in renewable energy equipment, it is important to consider the various tax implications of diversifying your farm business. VAT Partial more

Oct 4 2016

Agricultural Wage Scotland – October 2016

Categories: Amber AccountingPayroll

The National Minimum Wage and the Agricultural Wages Order in Scotland have historically been updated with effect from 1 October each year. However, with the introduction of the National Living Wage, which runs on a different calendar cycle, the Government has decided to change the National Minimum Wage timeframe in order to align with the more

Sep 17 2016

SIS announces increased availability of smaller affordable loans

Categories: Charities

Social Investment Scotland (SIS) has announced, with continuing funding from the Scottish carrier bag levies, an increase in the availability of smaller affordable loans to even more social enterprises. The “Plastic Bag tax”, which was introduced in October 2014, has enabled SIS to help early stage enterprises, with loans secured by a diverse range of more

Sep 14 2016

Are you paying the right price?

Categories: Healthcare

Ambitious dental associates may look to acquire a share in a practice, take over an existing practice or even set up their own practice from scratch. But, what is the right price to pay for this dream? Dental practice valuations are highly topical at the moment due to “dental corporates” offering to acquire dental businesses more