Latest News

Aug 13 2020

How we’ve been supporting our clients, Happy Days Nursery

Categories: COVID-19Healthcare

At EQ, our clients are our priority and we remain in constant contact, offering relevant advice and support every step of the way. One of those clients is Happy Days Nursery, a family run children’s nursery in Dundee owned by sisters, Debbie Clark and Paula Williamson, that allows children to explore, discover and ‘think big’, without more

Aug 10 2020

What you need to know about the Job Retention Bonus

Categories: COVID-19EQ Accounting

Announced by the Chancellor in the summer statement, the Job Retention Bonus aims to reward employers who successfully bring back furloughed employees and keep them in meaningful employment after the Coronavirus Job Retention Scheme (CJRS) ends on 31 October 2020. Employers will be able to claim a one-off payment of £1,000 for every eligible furloughed more

Aug 5 2020

Bigger and Better

Categories: Corporate FinanceCOVID-19

If the coronavirus pandemic has taught us anything, it is that we should accept that change is the only constant in business life. Many businesses will be battered and bruised as they limp out of their economic slumbers but the question for all will be “what next?”. After discussions with many of our entrepreneurial clients, more

Aug 3 2020

Financing for the future

Categories: Corporate FinanceCOVID-19

The Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme (BBL) were introduced by the Government to support businesses through the COVID-19 crisis. The low rates of borrowing on the schemes and ease of access to the funding has resulted in large numbers of businesses accessing the money for a variety of reasons. more

Jul 31 2020

Cash is King – steps to take to preserve your cashflow

Categories: Corporate FinanceCOVID-19

As we come out of lockdown, businesses may need more working capital available to get back up and running. Coupled with holiday periods for loan and rental payments coming to an end, the pressure on cashflow will be huge. Businesses need to take control to preserve their cash and should consider the following: Debtor Control more

Jul 30 2020

£14m Hotel Recovery Programme offers support for larger hotel businesses

Categories: COVID-19Leisure

The tourism sector continues to feel the impact of the COVID-19 pandemic, with hotel occupancy levels of many businesses across the country below the daily overheads of sustaining a business. To support some of Scotland’s larger hotels, the Scottish Government yesterday (Wednesday 29 July) announced a new £14m Hotel Recovery Programme which will allow eligible businesses to more