Nov 19 2019 The Law Society of Scotland Financial Benchmarking Survey 2019 Categories: Professions The Law Society of Scotland recently released its annual edition of the Financial Benchmarking Report, giving an insight into current trends and performance of the legal sector. Head of EQ Professions, Mark Gibson, commented; “The Law Society of Scotland Financial Benchmarking Survey gives Scottish legal practices the opportunity to assess their performance relative to the more
Nov 14 2019 The ongoing review of auto-enrolment Categories: EQ AccountingHealthcare As mentioned in our previous article, auto-enrolment (AE) was introduced to help people save for later life through a pension scheme at work. Although all eligible workers should now be enrolled in their employer’s workplace pension scheme, it is the continued responsibility of employers to constantly monitor the information to avoid any potential fallouts. Here are more
Nov 5 2019 Due diligence on the sale of your business Categories: Corporate Finance For every sale of a business, there will be a due diligence process – essentially a ‘health check’ of your business to ensure that there are no surprises for the buyer. Even before you have found a prospective buyer, you should start to think about what questions they may ask about your business. If you more
Oct 30 2019 Building Scotland Fund – alternative funding for the construction sector Categories: Property & Construction Have you been refused funding from mainstream institutions for your property or construction project? There may be an alternative. From 2019 to 2021, the Building Scotland Fund (BSF) intend to invest £150 million by making loans and acquiring equity in businesses. Public sector bodies involved in the delivery of the BSF are: the Scottish Government, more
Oct 29 2019 Electric Vehicles – a tax efficient employee benefit Categories: TaxationTechnology Following on from our previous article which considered the tax implications of purchasing a car for use in your business, we now discuss why it is the optimum time to purchase an Electric Vehicle (EV). According to Auto Express, some of the best EV’s to buy in 2019 include brands such as Tesla, Jaguar, Mercedes more
Oct 25 2019 State Pension – to claim or not to claim? Categories: Agriculture The average age of a UK farmer is now 59 and with changes to the State Pension regime, it may be time to consider how these may affect you. The full basic state pension is currently worth £8,767.20 a year and you can check when you are entitled to claim using the H M Revenue more
Oct 25 2019 Significant purchase activity in the hotel sector Categories: Leisure In the past two years particularly, our specialist leisure team has seen a spike in the volume of hotels being bought and sold in Scotland, many of which we have been directly involved in. Whilst there have been a number of ‘corporate purchasers’, there is still strong demand from independent operators and from the overseas more
Oct 24 2019 The first steps to protecting your charity against internal fraud Categories: Charities You may be surprised to read that fraud in charities is an underlying problem. Higher profile cases such as Birmingham Dogs Home, where the chief executive was imprisoned for stealing £650,000 from the charity, are thankfully few and far between. The majority of chief executives and Trustees enter the charity sector to make a difference more