Apr 16 2019 Dealing with the Pressure of Commodity Margins Categories: Agriculture It is a well-known fact that commodities have not kept up with inflation. With the price of a tonne of wheat at around £120 in 1995, this would equate to £225 a tonne in real terms today. Based on this year’s harvest wheat prices, farmers are achieving around £75 less per tonne than they might more
Apr 9 2019 Construction Sector Uncertainty Categories: Property & Construction Construction is an important part of the UK economy and often serves as an economic barometer. Although the second half of 2018 was tough for the UK construction sector, recent data has shown signs of improvement. Although the UK Construction Output was expected at -0.3% for January 2019, it was reported at 1.8%. This is a vast more
Apr 8 2019 New Tax Year Categories: Taxation Saturday (6 April 2019) was the start of the new 2019/20 tax year, bringing into effect changes to income tax bands and allowances. The personal allowance is now £12,500, up £650 from £11,850 in 2018/19. However, there remains a reduction in the personal allowance for those with ‘adjusted net income’ over £100,000. The reduction is more
Apr 8 2019 From Trainees to Principal Managers Categories: EQ NewsPeople We are excited to announce the promotions of three Senior Managers, all of whom undertook their training within the firm, to Principal Managers. Rachel Bell, based in our Dundee office, joined the firm as a trainee in 2008. Following her success in the ICAS exams, Rachel specialised in taxation, qualifying as a Chartered Tax Advisor (CTA) more
Apr 2 2019 EQ celebrate significant growth over the last five years Categories: EQ NewsTaxation We are delighted to be celebrating significant growth, with an increase in turnover to £7.5M, compared to £3.8M in 2014 – almost 95% in just five years. During the same period, our staff numbers have grown from 70 to 130. While a proportion of our growth can be attributed to the acquisition of offices in Fife more
Mar 29 2019 EQ Expand Food & Drink Reach Categories: Food & Drink EQ has a long tradition of supplying advisory services to the food and drink sector in Scotland and we view this as a key sector for the Scottish economy in future, with exports at an all-time high. Our expertise in agriculture positions the firm at the start of the food chain but over the past more
Mar 26 2019 £60M of Funding Available for Renewable Energy Projects Categories: Technology The Department for Business, Energy and Industrial Strategy (BEIS) has confirmed that it will be launching the third round of Contracts for Difference (CfD) auctions for renewable energy projects in May this year. The CfD scheme is the government’s main mechanism for supporting low-carbon electricity generation. £60M of funding for renewable energy projects is available for more
Mar 25 2019 Liz Goldie awarded the highest level of tax qualification in the UK Categories: EQ NewsPeopleTaxation Congratulations to Liz Goldie, based in our Cupar office, who has passed the prestigious Chartered Institute of Taxation (CIOT) exams, qualifying as a Chartered Tax Advisor (CTA). The CIOT is the leading professional body in the UK for advisors dealing with all aspects of taxation and Liz will now bring our total number of Chartered more