Oct 4 2019 Celebrating Maths Week Scotland Categories: People We are supporting Maths Week Scotland and celebrating the week of events by acknowledging one of our Maths graduates, Laura Dorward. Laura joined EQ in August 2013 on an ICAS training contract and qualified as a CA in 2016, she is now an Assistant Manager in our Cupar office. We asked Laura a few questions on her experience more
Sep 25 2019 VAT on Construction and Development Projects Categories: Property & Construction The rate of VAT to charge on Construction and Development Projects can often cause confusion as the supply may be chargeable at the standard rate (20%), reduced rate (5%), zero rate (0%), or the supply may be exempt. This article aims to summarise the underlying rules that determine which rate of VAT should be used. more
Sep 24 2019 We are proud to co-sponsor Angus Brewfest alongside Thorntons Categories: EQ NewsFood & Drink We are proud to again co-sponsor Forfar’s answer to Oktoberfest – Angus Brewfest, an annual food and drinks festival taking place at Strathmore Hall in John Street. Sponsored by Thorntons Solicitors and EQ Chartered Accountants, this year’s live music entertainment includes ‘Dogs off the Lead’ – an unplugged acoustic set performed by local band Dog more
Sep 19 2019 Supporting you through the funding process Categories: Technology The grant funding process can require total project costs and details of the amount of funding that is required, along with a breakdown of the projects work, timescales and potential future benefits that will arise on completion of the project. This can be time consuming and if not completed correctly, and on time, can delay or more
Sep 17 2019 Advisory fuel rates for company cars Categories: Taxation HMRC have published new company car advisory fuel rates, which take effect from 1 September 2019. The previous rates can also continue to be used for up to one month from the date the new rates apply. The rates only apply when you either: reimburse employees for business travel in their company cars or require more
Sep 13 2019 Helping our food & drink clients explore ‘untapped’ tax savings Categories: Food & DrinkTaxation Research and Development (R&D) tax credits are a government incentive designed to reward UK companies for investing in innovation and we urge food and drink businesses to explore the potentially significant tax savings often associated with manufacturing or scientific companies. Our Taxperts have claimed over £0.5M R&D tax savings for 13 food and drink clients within the last more
Sep 11 2019 Is your farm a hobby? Categories: Agriculture Golf, gardening and cake decoration are all popular hobbies and rightly so. In some circumstances HM Revenue & Customs can also regard farming as a ‘hobby’. The designation is not determined by scale but by whether a farming business makes a taxable profit before claims for capital allowances. If there are five consecutive years with more
Sep 10 2019 Helping our clients with their long-term goals Categories: Food & Drink There can be many reasons businesses look to diversify, whether to generate further income, use surplus assets, increase their portfolio or take advantage of a growing trend. Of course, any new enterprise requires careful consideration and advice in relation to finance, tax, business structure and strategy. The Cuthbert family have been clients of EQ for more