Talk to the EQ Taxperts
EQ are among the leading providers of employment tax advisory support in Scotland. We provide a wide range of tax and National Insurance services specifically aimed at supporting your business needs. Whether you are a corporate business, professional practice or not-for-profit organisation, we are here to provide support.
Our advisory services include cost-effective planning solutions to help with staff recruitment, the retention and incentivisation of your key employees. In addition to this, we offer full compliance support.
We offer full support, removing the administrative payroll burden from you whilst keeping you up to date with complex and ever-changing legislative requirements and ensuring you avoid the pitfalls and potential penalties for getting it wrong.
Maintaining desired income levels for the business owner and achieving the optimum balance between a dividend and employment remuneration strategy in times of changing taxes requires careful planning.
On top of this, it is essential that businesses recruit, retain and motivate their employees. This can be achieved by designing remuneration packages which minimise tax and National Insurance for both employees and employers. A remuneration package may include salary, pension contributions, benefits and the option to acquire shares in the company via an HMRC approved share scheme.
Employers need to ensure that remuneration packages are competitive, that they meet employee’s needs and that they are tax-efficient for both parties. Our team can help provide the optimum solution for you and your staff.
Our client is a manufacturing supply company in the East of Scotland, wholly owned by the managing director and his wife. The owners wished to incentivise their key…Read more...
Our client is a large family-owned company in the East of Scotland, operating in a highly competitive environment. We were approached by the company to create a tax-efficient…Read more...
Employers have the burden of reporting and calculating the tax and National Insurance due. When it comes to employment taxes, it is vital to engage advisors who understand your business and who have the necessary experience and knowledge to support you in dealing with HMRC.
We have a specialist Virtual Finance Office to support you with any PAYE matter. They can take control of your Payroll or entire financial function – alleviating the burden, allowing you to focus on running your business.
In providing you with our PAYE support services, we’ll take the time to get to know your business and provide advice tailored to your specific needs. This ensures that your remuneration systems, processes and controls are robust and fit for purpose.
Our services include:
Our client is a children’s nursery with approximately 30 staff. The business has a high staff turnover and the business owner prepared her own payroll. Over a period…Read more...
Many business owners are finding it harder to extract profits from their business tax-efficiently, and recent pension legislation changes have restricted the amount of money that can be invested in a personal pension if the investor wishes to keep all of the associated tax benefits.
To complicate matters, the investment landscape has changed in recent years. Historically low interest rates have forced individuals to shun cash deposit accounts and to look for better returns elsewhere. Inflation-beating investment returns are proving harder to come by. Businesses holding large sums of cash on deposit have even fewer options.
No wonder that business owners are increasingly looking for ways to reduce their personal tax liabilities, as well as putting their company’s cash to work more tax-efficiently. Business owners and owner-managed businesses are increasingly turning towards government-approved tax-efficient investments. Investors can feel confident that the tax benefits they claim are in return for helping smaller companies to prosper.
Our services include: