 
							
					
															
					
					 by EOACC | Aug 6, 2024 | Property Landlords
HM Revenue and Customs (HMRC) have published draft legislation and a policy paper outlining the proposal for the abolition of the furnished holiday lettings (FHL) tax regime. This was originally announced by the previous government and any hopes that this may be...				
					
			
					
											
								 
							
					
															
					
					 by EOACC | Jul 22, 2024 | Tax and Business Updates
Dealing with HM Revenue & Customs (HMRC) can often be challenging. Long wait times when calling for assistance, incorrect refund amounts, errors in tax codes, and other issues can be frustrating. Recently, the decline in service standards from HMRC has been...				
					
			
					
											
								 
							
					
															
					
					 by EOACC | Jun 28, 2024 | Tax Charges
Parents of children aged 16 to 19 who continue their education or training after GCSEs can extend their Child Benefit payments. If this applies to you, HM Revenue & Customs (HMRC) should be sending you a reminder letter, which includes a QR code. Scanning this...				
					
			
					
											
								 
							
					
															
					
					 by EOACC | Jun 4, 2024 | Tax and Business Updates
The National Cyber Security Centre (NCSC) has released guidance aimed at assisting developers, engineers, decision-makers, and risk owners in the creation and use of machine learning systems. Machine learning is a form of artificial intelligence where computers...				
					
			
					
											
								 
							
					
															
					
					 by EOACC | May 22, 2024 | Tax and Business Updates
While commenting on the GDP growth and what it indicates about the economy, the Prime Minister again drew attention to National Insurance. The article released by the Prime Minister’s Office noted that the progress in the economy has allowed them to bring down taxes,...