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Farrell & Farrell
Nov 29, 20241 min read
Updated office hours
Our office will close at 1pm on Fridays.
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Farrell & Farrell
Nov 28, 20241 min read
UK: HMRC company car advisory fuel rates
The HMRC company car advisory fuel rates that apply from 1 December 2024 have been cut for petrol and diesel vehicles by 1p per mile, and...
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Farrell & Farrell
Nov 21, 20241 min read
UK: Jump in inflation to 2.3%
Inflation hit 2.3% in October, up 0.6% in a month, marking the largest increase in two years, driven by hike in energy price cap. The...
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Farrell & Farrell
Nov 14, 20241 min read
UK: Winter energy support measures for small businesses
The Small business Energy Charter has been launched to provide local energy consumers with enhanced protections this winter. Electricity...
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Farrell & Farrell
Nov 7, 20241 min read
Bank England cuts interest rate
UK: Bank of England cuts interest rates by 0.25% to 4.75%. #FarrellAndFarrell #crossbordertaxadvisors #crossborder #taxadvisors...
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Farrell & Farrell
Oct 31, 20241 min read
UK AUTUMN BUDGET 2024
Please find attached a detailed summary of the UK Autumn Budget 2024 as announced yesterday by the Chancellor, Rachel Reeves. If you have...
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Farrell & Farrell
Oct 30, 20241 min read
UK: NMW INCREASE APRIL 2025
Ahead of today’s Autumn Budget, the Chancellor announced yesterday that the UK National Living Wage (NLW) for those aged 21+ will...
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Farrell & Farrell
Oct 16, 20241 min read
UK: Inflation rate falls to 1.7% in September 2024
The inflation rate in September has fallen unexpectedly to 1.7%, the lowest rate for three and a half years and below the Bank of...
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Farrell & Farrell
Oct 11, 20241 min read
UK: Six months left to pay missing National Insurance to state pension.
People have until 5 April 2025 to maximise their state pension by making voluntary National Insurance (NI) contributions dating back...
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Farrell & Farrell
Oct 10, 20241 min read
UK: HMRC reverts to paper submissions for P87 expenses claims
HMRC is changing the way employees can claim PAYE employment expenses by going back to paper submissions through the post to reduce...
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Farrell & Farrell
Oct 8, 20241 min read
UK: Local news – new Banking Hub
Warrenpoint welcomes a new Banking Hub at 7 Church Street, providing much-needed access to banking services after the closure of several...
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Farrell & Farrell
Oct 4, 20241 min read
UK: New non-compliance penalties for companies
New non-compliance penalties for companies Registered companies are being warned to keep on top of their responsibilities ahead of new...
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Farrell & Farrell
Oct 1, 20241 min read
UK: Small Grant Scheme of up to £500 per employee
A grant of up to £500 per employee is available for businesses interested in providing a workplace training initiative for their...
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Farrell & Farrell
Sep 27, 20241 min read
UK: 2023/24 UK self-assessment registration deadline is approaching
Individuals who are required to complete a self-assessment tax return for the first time must notify HMRC by 5th October 2024. Those...
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Farrell & Farrell
Sep 19, 20241 min read
UK: BOE interest rate held at 5%
The Bank of England has held interest rates at 5%.  The Bank’s monetary policy committee voted 8-1 in favour of no change this month....
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Farrell & Farrell
Sep 13, 20241 min read
UK: Call to update NI records to reflect child benefit claims
HMRC is urging parents who claimed child benefit before 2000 to check if they are eligible to increase their state pension. Some parents...
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Farrell & Farrell
Sep 9, 20241 min read
UK: Companies House to replace Government Gateway access
Companies house has confirmed that from this autumn it will move to the new system which will be used by companies to access all online...
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Farrell & Farrell
Sep 4, 20241 min read
UK: HMRC company car advisory fuel rates
The HMRC company car advisory fuel rates that apply from 1 September 2024 have been cut for petrol and diesel vehicles by between 1p and...
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Farrell & Farrell
Sep 2, 20241 min read
UK: NATIONAL PAYROLL WEEK 2024
In honour of National Payroll Week 2024 (2nd- 6th Sept) here is a reminder of the stress-free PAYE services that our team at Farrell &...
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Farrell & Farrell
Aug 29, 20241 min read
UK: HMRC delays RTI reporting on employee hours and dividends
Plans to force employers to include details of employee working hours and dividends paid to directors on PAYE real time information...
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