by EOACC | Sep 9, 2024 | Employment
The Plan 1 student loan interest rate reduced to 6% (from 6.25%) from 30 August. This rate change applies across the UK with the Department for Education (DfE), the Welsh Government and the Department for the Economy in Northern Ireland (DfE NI) all confirming the...
by EOACC | Sep 3, 2024 | Employment
With the ever-increasing costs of childcare, a very attractive benefit provided by more and more employers is a creche or nursery for employees’ children. If correctly structured, this is a tax-free benefit and will help employers attract and retain staff. Larger...
by EOACC | Sep 3, 2024 | Tax and Business Updates
Many wealthy individuals are apparently passing on substantial amounts of their wealth in anticipation of possible changes to inheritance tax (IHT) in Labour’s first Budget on 30 October. This allegedly includes a number of high-profile individuals such as TV...
by EOACC | Sep 3, 2024 | Tax and Business Updates
Last month, the Home Secretary, Yvette Cooper, announced a significant government crackdown on employers hiring migrants illegally. Overview of the government’s crackdown From Sunday 18 to Saturday 24 August, Immigration Enforcement teams carried out a series of...
by EOACC | Sep 3, 2024 | Budget Updates
The Prime Minister, Sir Keir Starmer, speaking from Downing Street last Tuesday, has said that the budget in October will be “painful” and the government would be making “big asks” of the country. He said that the country would need to be prepared to “accept...
