Latest News

Jan 17 2019

Research & Development Claim Settled!

Categories: Taxation

Our team recently completed two Research & Development (R&D) claims for an architects practice in Scotland, resulting in a client saving of £27,501! During the 16 month R&D claim period, the company undertook some ground breaking design work relating to infrastructure projects in the UK to create some highly innovative solutions. The detailed design work more

Jan 16 2019

Self assessment deadline approaching

Categories: Taxation

The deadline for submitting your 2017/18 self assessment tax return is 31 January 2019. This is the same deadline for payment of any balancing tax payments for 2017/18 (including income tax, Class 2 and Class 4 NIC, capital gains tax and High Income Child Benefit Charge), together with first payments on account (POA) for 2018/19. more

Jan 14 2019

Thank you to everyone involved in our year-long fundraising campaign for Maggie’s Centres!

Categories: EQ NewsPeople

One of our senior colleagues, who received a life-changing cancer diagnosis while pregnant with her son, has thanked her ‘incredibly generous’ colleagues, clients and contacts after our year-long fundraising campaign. Paula McAllister, Senior Manager in our Dundee office and mum to one-year-old Rhys, was diagnosed with bowel cancer in August 2017, when she was seven more

Jan 10 2019

Making Tax Digital – FAQ’s

Categories: Amber AccountingMaking Tax DigitalTaxation

We are now fast approaching the first stage of implementation for HM Revenue & Customs’ (HMRC’s) Making Tax Digital.  Making Tax Digital (MTD) aims to provide a simpler and up-to-date system for taxpayers, by requiring most businesses, including sole traders and landlords, to maintain their accounting records on computer software.  This should enable HMRC to more

Jan 9 2019

We have secured over £16 million of tax savings for clients

Categories: TaxationTechnology

We have claimed over £16M of Research and Development tax credits for our clients, having recently secured our 300th claim which can potentially apply to any companies developing or creating new products, innovations or processes. Managed by our specialist team of seven, we handle over 65 claims each year and have an impressive 100% track record more

Jan 8 2019

Inheritance Tax relief update for holiday parks

Categories: Leisure

Business property relief (BPR) can reduce the taxable value of relevant trading business property by up to 100% when sold or transferred on death. Caselaw has played a significant role in determining when BPR has been allowable, often ruling in favour of HMRC. Recent caselaw has seen the courts ask  – is the business, wholly or more

Jan 3 2019

A Hot Topic at the sixteenth Farming Scotland Conference

Categories: Agriculture

One of the country’s leading experts on the agricultural effects of climate change will address this year’s Farming Scotland Conference. The event, now its 16th year, will once again be held at Carnoustie Hotel, Angus on Thursday 14 February 2019 and is sponsored by EQ Chartered Accountants, Bell Ingram, the Royal Bank of Scotland and Thorntons more

Jan 1 2019

Key Scottish Tax Dates

Categories: Taxation

Currently, the UK key tax dates cover all the known dates that will affect Scotland and Scottish tax payers. If and when these do differ, they will be detailed below with planned dates. This will include the Scottish Budget and any other tax related dates that affect Scotland. If you are looking for something specific, more