Aug 26 2020 Paula McAllister features on the ICAS Top 100 CAs list Categories: EQ NewsPeople Earlier this year, Paula McAllister was nominated for the ICAS Top 100 CAs and we are delighted that she has made it onto the prestigious list that features those who have made great contributions to the profession and to their individual firms. Paula joined EQ in 2009 as a trainee Chartered Accountant, qualifying in 2012 – more
Aug 25 2020 Transitional support fund for childcare providers Categories: COVID-19Healthcare The Scottish Government recently announced the Transitional Support Fund to help childcare providers in the private, voluntary and not-for-profit sectors to meet the extra costs incurred to comply with public health guidance in response to COVID-19. The grant could help with costs for increased cleaning, investment in additional equipment for outdoor space or adaptions to the more
Aug 25 2020 A virtual welcome for our seven new graduates Categories: EQ NewsPeople A group of seven graduates have started their Chartered Accountancy journey with us, albeit in a slightly different manner than previous years. As our offices remain closed following government advice, we have adapted our usual induction process and training programme to accommodate the current situation. Instead of ‘onboarding’ in an office environment, everything will be more
Aug 20 2020 Employee Ownership Explained Categories: Taxation Since its introduction in 2014, the Employee Ownership Trust (EOT) has proved to be a feasible exit option for business owners who may not want to go down the more traditional succession routes. To help understand the process and benefits of using EOTs as a succession solution, Co-operative Development Scotland are hosting a series of more
Aug 20 2020 R&D claim secured for new healthcare client Categories: HealthcareTaxation We recently assisted a new healthcare client with their first R&D claim after they contacted our EQ Taxperts to discuss whether they were eligible. The business was set up as a company, so as it was subject to UK corporation tax it could therefore make a claim if it met other criteria to qualify for more
Aug 19 2020 Phase two of the Third Sector Resilience Fund Categories: CharitiesCOVID-19 Due to the high level of demand, the Scottish Government pledged additional funding to support a second phase of the Third Sector Resilience Fund. As mentioned in our previous article, the Third Sector Resilience Fund is an emergency fund for charities, community groups, social enterprises and voluntary organisations working in Scotland who are facing financial difficulties, directly more
Aug 18 2020 Second Self-Employment Income Support Scheme grant is now open for applications Categories: COVID-19EQ News The Self-Employment Income Support Scheme (SEISS) is designed to help self-employed individuals whose businesses have been adversely affected by COVID-19. The scheme allowed you to claim a first taxable grant which closed on 13 July 2020, and a second and final round opened for applications on 17 August 2020. If you have been adversely affected by COVID-19 more
Aug 18 2020 Registered businesses can now make claims through the Eat Out to Help Out scheme Categories: COVID-19Food & DrinkLeisure Businesses that have registered for the Eat Out to Help Out scheme, as per our previous article, can now make a claim for the discounts given to diners on a weekly basis. HMRC said that the scheme, that gives diners a 50% discount, up to £10 per person on Mondays to Wednesdays between 3 and more