Jul 29 2020 New £1m grant scheme announced for self-catering businesses Categories: COVID-19Leisure Throughout lockdown, the Association of Scotland’s Self-Caterers (ASSC) has been engaged in various discussions with the Scottish Government to provide ongoing financial support for self-catering businesses in Scotland. ASSC, in partnership with VisitScotland, has today announced a new £1 million grant for self-catering businesses who have not received any other Scottish Government COVID-19 support. Businesses more
Jul 29 2020 Overview of upcoming changes to CJRS Categories: COVID-19EQ AccountingPayroll As we mentioned in our previous article, CJRS closed to new entrants on 30 June and flexible furlough was introduced in July. Now, further changes are about to come into force as the Government begin to taper away their contributions from August onwards. Our dedicated payroll team have been advising our clients on what the more
Jul 28 2020 Why keeping in contact and technology are vital in current times Categories: AgricultureCOVID-19 Recent times have shown how important it is to keep in contact with your key advisors. Although our EQ Agriculture team were disappointed not being able to meet our clients at the summer show circuit, we have still maintained regular contact whether it be in relation to COVID-19 support measures, or other business issues as more
Jul 27 2020 Improve your dental practices’ cashflow Categories: COVID-19Healthcare In March, dental practices had to immediately stop seeing patients, except for emergency treatment, which led to unprecedented revenue loss across the sector. We discuss some of the options available that can improve your dental practices’ cashflow. Government support The Self-Employment Income Support Scheme (SEISS) presented potential issues for dentists who applied for the grant on more
Jul 24 2020 Helping the Engineering and Manufacturing sector recover Categories: COVID-19Engineering & Manufacturing The implications of COVID-19 has created many challenges for those in the engineering and manufacturing sector, creating diminished cash flow issues, staff shortages and forcing many businesses to change they way they work in order to comply with safe working environments. In order for companies to remain viable they will need to adapt to these more
Jul 20 2020 National Basic Payment Support Scheme 2020 Categories: AgricultureCOVID-19 To support farmers and crofters affected by the COVID-19 pandemic, the Scottish Government has announced that a National Basic Payment Support Scheme 2020 (NBPSS20) will deliver the equivalent of 95% of Basic Payment Scheme (BPS) and Greening monies to farmers as early as September this year. The scheme will give farmers access to vital financial more
Jul 17 2020 Changes to the Coronavirus Business Interruption Loan Scheme for smaller businesses Categories: COVID-19EQ News The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial assistance to businesses that have suffered cashflow disruptions as a direct result of COVID-19. The British Business Bank has announced amendments to the scheme due to the recent EU changes in State Aid Law that will increase access to CBILS for smaller businesses. Prior to the more
Jul 15 2020 We’ve secured over £17m of funding for clients Categories: COVID-19EQ News Since the government support initiatives were announced at the beginning of lockdown, our team have secured over £17m of funding support to help our clients when they need it most. We have successfully claimed over £15m in government loans and grants for our clients across Scotland, including through the Bounce Back Loan scheme, the Coronavirus more