Creative Scotland – Open Fund for Individuals

The Open Fund for Individuals is one of Creative Scotland’s key funding programmes, supporting the wide range of activities initiated by artists, writers, producers and other creative practitioners in Scotland. The overall annual budget for this fund is £5 million. The Open Fund will support a period of research, development and/or delivery of creative activity for up to 24 months. …

Business Innovation and Growth Grant

The Business Innovation and Growth Grant is for Scottish small and medium-sized enterprises (SMEs) with more than 10 employees that wish to pursue business growth. Support is available for activities in the following areas: New product and service development Productivity improvements Development of leadership skills and fair work practices Entering new and expanding international markets Examples of eligible activities for new …

Low Emission Zone Retrofit Fund for Aberdeen City, Dundee City, Edinburgh and Glasgow

The Low Emission Zone (LEZ) Retrofit Fund helps micro businesses and sole traders improve their vehicles and avoid future LEZ penalties. Eligible businesses operating non-compliant vehicles with available retrofit solutions in a planned LEZ can receive up to 80% funding to retrofit their vehicle, subject to availability and terms and conditions. Low Emission Zones have been introduced in Glasgow, Edinburgh, …

Prepare for an extended period of heightened cyber threat

The National Cyber Security Centre (NCSC) has urged UK organisations to prepare for an extended period of heightened threat in relation to the Russia-Ukraine war. There may be periods when the cyber threat is heightened for an extended period, for example, as a result of geopolitical tensions. During these periods, organisations will experience: An initial acute phase (when they are …

Latest HMRC advisory fuel rate for company cars

HMRC has announced their suggested reimbursement rates for employees using a company car for private travel. The suggested rates from 1 September 2022 are summarised in the table below. Where there has been a change, the rate for the previous quarter is shown in brackets. Remember that the fuel benefit does not apply if all private fuel is fully reimbursed …

HMRC Customs Update – Take action now to continue importing goods

If your business imports goods into the UK, then you need to move to the Customs Declaration Service (CDS) now. If you do not, you will not be able to import goods into the UK from 1 October 2022.  Even if you use a customs agent to help you with customs declarations, there are still actions you need to take. You will …

How much is my business worth?

This is a question many of our clients want an answer to! The truth is, it depends on a range of factors and any valuation is only helpful as a guide for planning forward. The ultimate value of a business is the price a willing buyer is prepared to pay for it.   The prevailing economic climate and state of the …