by EOACC | Dec 2, 2024 | Property Landlords
FHLs abolition – Clarification In the Autumn Budget 2024, Chancellor Rachel Reeves confirmed the abolition of the furnished holiday lettings (FHL) status from April 2025. On 7 November, HMRC published the document ‘Clarification on abolition of the furnished...
by EOACC | Nov 25, 2024 | Tax and Business Updates
The National Cyber Security Centre (NCSC) has reported that shoppers lost over £11.5 million to online criminals between November 2023 and January 2024. Each victim lost an average of £695. A total of £10.6 million was lost the previous year. The Black Friday season...
by EOACC | Nov 25, 2024 | Tax and Business Updates
New arrangements will apply to business to business (B2B) parcels sent from Great Britain to Northern Ireland under the Windsor Framework, effective from 31 March 2025. The changes were originally due to come into effect from 30 September 2024, but this was delayed to...
by EOACC | Nov 25, 2024 | Tax and Business Updates
The UK Government has launched a consultation to tackle so-called “subscription traps,” aiming to make it easier for consumers to cancel unwanted subscriptions and secure refunds. These proposals are designed to simplify cancellation processes and improve...
by EOACC | Nov 25, 2024 | Tax and Business Updates
The latest inflation figures from the Office for National Statistics (ONS) reveal that the Consumer Prices Index (CPI) for October 2024 rose to 2.3%, up from 1.7% in September. This marks the first increase in inflation since July, and it has sparked interest among...
