Latest News

Mar 18 2019

Royal Bank of Scotland (RBS) Legal Benchmarking report 2019

Categories: Professions

Last week, RBS released its latest annual edition of the Legal Benchmarking report. For Scottish firms it made for positive reading, but there were some emerging trends for Scottish law firms and, indeed the wider professions sector, to carefully consider. EQ Professions partner, Mark Gibson, commented: “The Royal Bank of Scotland legal benchmarking report 2019 more

Mar 14 2019

Research & Development Claim Settled!

Categories: Taxation

Our team recently completed two Research & Development (R&D) claims for an engineering client based in the East of Scotland, resulting in a client saving of £156,386! Our client is researching and developing wind energy technology for offshore installation. The work performed by our client is all pre-revenue and is primarily engineering conceptual work and design more

Mar 13 2019

Spring Statement Commentary

Categories: Taxation

Chancellor, Philip Hammond, delivered his brief Spring Statement earlier today which was met with the usual mix of back slapping and derision in equal measures, intensified no doubt by the spectre of Brexit. Carrots were dangled with post Brexit bonuses in the event of a deal being struck, particularly given the UK’s encouraging borrowing figures. more

Mar 8 2019

Construction company vehicles – How much tax relief can you claim?

Categories: Property & Construction

When it comes to claiming capital allowances, there seems to be some uncertainty, especially knowing which vehicle expenses are tax deductible. The first question that needs to be considered is – what type of vehicle do you need for your business? Heavy plant/machinery vehicles (Cranes, Bulldozers, Forklifts, Excavators,Diggers and any heavy-duty vehicle, specially designed for executing more

Mar 7 2019

Research & Development Claim Settled!

Categories: Taxation

Our team recently completed a Research & Development (R&D) claim for a client based in the West of Scotland, resulting in a client saving of £23,400! Our client is a University spin out company specialising in the design and development of tactile sensory technology. During the year of claim, the company was involved in several qualifying more

Mar 4 2019

The 2019 Financial Benchmarking Survey is now open

Categories: Professions

The 2019 Financial Benchmarking Survey for Scottish Firms on behalf of The Law Society of Scotland is now open. Email invitations to participate in this year’s survey will be sent directly to law firms’ cashroom partners from research company, Tribal. With only 86 Scottish law firms taking part in the 2018 survey, representing 8% of more

Mar 1 2019

HMRC Delay Issuing Self Assessment Penalty Notices

Categories: Personal TaxTaxation

More than 11.5 million taxpayers were required to file their Self Assessment Tax Return by midnight on 31 January, and according to HMRC, a record 93.68% submitted on time. However, there were still 731,186 taxpayers who missed the deadline. As part of EU Exit contingency planning, HMRC have decided to make a change to the more

Feb 22 2019

A record attendance at the sixteenth annual Farming Scotland Conference

Categories: Agriculture

‘A Changing Climate’ was the theme for the sixteenth annual Farming Scotland Conference where a record number of delegates heard how agriculture policy, weather patterns and business practices are likely to change and adapt over the coming years. Leading agriculture policy adviser and Secretary of the CAAV Jeremy Moody began proceedings with an incisive talk more