by EOACC | Sep 30, 2024 | Tax and Business Updates
If you, or your child, was born between 1 September 2002 and 2 January 2011, there could be a savings account with your or their name on it – literally! More than 670,000 young people, aged 18-22, have yet to claim their Child Trust Fund, with HM Revenue & Customs...
by EOACC | Sep 30, 2024 | Self-Employed
In line with the e-invoicing initiative we reported on elsewhere, the Chancellor also outlined broader reforms to modernise HMRC through a Digital Transformation Roadmap, which is expected in Spring 2025. This roadmap will aim to create a “digital-first” tax system,...
by EOACC | Sep 30, 2024 | Self-Employed
The Chancellor unveiled a series of announcements last week that could have implications for UK businesses. One of the most relevant for business owners was the government’s push for electronic invoicing (e-invoicing). HM Revenue and Customs (HMRC) will soon...
by EOACC | Sep 30, 2024 | Property Landlords
The government has announced new measures designed to improve the warmth of homes for renters and lower heating costs. As things currently stand, a private rented home can be rented out if it meets Energy Performance Certificate (EPC) E. Social rented homes have no...
by EOACC | Sep 24, 2024 | Employment
HM Revenue and Customs (HMRC) has recently reminded people to check and make sure they are not missing out on valuable State Pension entitlements due to gaps in their National Insurance (NI) record. The issue mainly affects parents, particularly women, who claimed...
