by EOACC | Nov 6, 2024 | Property Landlords
Autumn Budget 2024 – a summary for property landlords The Autumn Budget took place on 30 October 2024. This was Rachel Reeves’ first budget as Chancellor and it intended to restore stability to our economy and to begin a decade of national renewal. Investment will be...
by EOACC | Nov 4, 2024 | Budget Updates
On 30 October 2024, Rachel Reeves delivered her first Budget speech. As the first Budget speech ever delivered by a female Chancellor of the Exchequer, the occasion was bound to be one for the history books regardless of what was said. The Chancellor’s speech lasted...
by EOACC | Nov 4, 2024 | Employment
As has been widely expected in the last few weeks, the Chancellor, Rachel Reeves, made some significant changes to the Employers National Insurance (NI) rate and threshold in the Autumn Budget. From 1 April 2025, the rate for Employers National Insurance (NI) will...
by EOACC | Nov 4, 2024 | Tax and Business Updates
The government has announced the new National Minimum Wage (NMW) rates that will apply from 1 April 2025. These are as follows: 1 April 2025 – 31 March 20261 April 2024 – 31 March 2025National Living Wage (Age 21 and over)£12.21£11.4418-20 Year Old...
by EOACC | Nov 4, 2024 | Tax and Business Updates
Two days before the Budget, the Prime Minister announced that the cap for single bus fares would be increased to £3 from its current £2. The current fare cap is due to expire at the end of 2024. Without intervention, prices for some routes looked set to rise...