by EOACC | Feb 17, 2025 | Self-Employed
With the rise of the gig economy and the increasing cost of living, more people are turning to side hustles to supplement their income. Whether you’re selling handmade products, offering freelance services, or renting out property, you might be wondering: Do I...
by EOACC | Feb 11, 2025 | Tax and Business Updates
HM Revenue and Customs (HMRC) have revealed that 37,000 people have plugged gaps in their National Insurance (NI) record since last April, boosting the amount of State Pension they will receive when they reach retirement age. The amount of State Pension you will...
by EOACC | Feb 10, 2025 | Tax and Business Updates
The Bank of England reduced their base rate to 4.5% last week, as had been widely expected in the days leading up to the decision. The decision was made by a 7-2 majority. The minority of two members were looking for the rate to be reduced to 4.25%. In announcing...
by EOACC | Feb 5, 2025 | Tax and Business Updates
Welcome to the February 2025 edition of Tax E-News. We hope that you find this informative. Please contact us if you wish to discuss any matters in more detail. February 2025 THERE’S STILL TIME FOR SOME YEAR END TAX PLANNING! With the tax/financial year end...
by EOACC | Feb 5, 2025 | Tax and Business Updates
The self-assessment tax return deadline has just passed, and many business owners may have found themselves scrambling to gather documents, verify figures, and submit their returns on time. If this sounds familiar, you’re not alone. According to HM Revenue and Customs...
