Office closed
As a mark of respect we will be closed today, 25th August 2023 due to the funeral of Sean Hillen.
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Farrell & Farrell
- Aug 9
- 1 min
UK – HMRC interest rates increase again
As HMRC interest rates are linked to the Bank of England base rate, the 3 August increase from 5% to 5.25% has triggered another increase...
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Farrell & Farrell
- Jul 28
- 1 min
The European Central Bank (ECB) raises interest rates
The Governing Council decided to raise the three key ECB interest rates by 25 basis points. The interest rate on the main refinancing...
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Farrell & Farrell
- Jul 10
- 1 min
UK Reminder: Second payment on account 2022/23 deadline
The second payment on account for UK self assessment tax year 2022/23 is due for payment on or before midnight Monday, 31 July 2023. If...
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Farrell & Farrell
- Jun 28
- 1 min
UK – Further increases in HMRC late payment and repayment interest rates
Due to the increase in the Bank of England base rate last week, HMRC has since announced the associated increase in its interest rates...
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Farrell & Farrell
- Jun 22
- 1 min
UK - Bank of England raises Interest Rates again!
The Bank of England has announced today they will raise the interest rate from 4.5% to 5% - the highest level since 2008. #bankofengland...
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Farrell & Farrell
- Jun 13
- 1 min
UK: VOLUNTARY NI CONTRIBUTIONS DEADLINE EXTENDED
HMRC have announced yesterday that the deadline for making voluntary National Insurance contributions to make up for gaps between tax...
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Farrell & Farrell
- Jun 9
- 1 min
Shock announcement yesterday from HMRC with only 4 days notice!
HMRC is planning to close the self-assessment tax helpline from Monday 12 June 2023 for three months over the summer to focus call centre...
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Farrell & Farrell
- May 17
- 1 min
UK - HMRC late payment & repayment interest rates to increase again from 22 May 2023
As HMRC interest rates are linked to the Bank of England base rate, the increase from 4.25% to 4.5% last week has triggered another...
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Farrell & Farrell
- May 11
- 1 min
UK - Bank of England raises Interest Rates for 12th time a row
The Bank of England has announced today they will raise the interest rate from 4.25% to 4.5%. Therefore, this is the 12th consecutive...
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Farrell & Farrell
- May 5
- 1 min
New Tax Year – 2023/24
As the new tax year had started on 6 April 2023, you can start thinking about filing your UK Self-Assessment Tax Return for tax year...
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Farrell & Farrell
- May 4
- 1 min
European Central Bank raises interest rates to 3.25%
The European Central Bank (ECB) has raised interest rates again to maintain its battle against inflation but eased the pace of increase....
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Farrell & Farrell
- May 2
- 1 min
UK Reminder: Annual filers must use MTD from 15 May 2023 as online VAT return closes
HMRC are reminding all VAT registered users who usually file their VAT return annually, that the online VAT return will close from...
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Farrell & Farrell
- Apr 28
- 1 min
May Bank Holiday 2023
Please note that our office will be closed Monday, 2 May 2023 and will be reopening on Tuesday, 3 May 2023.
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Farrell & Farrell
- Apr 14
- 1 min
UK - HMRC raises late payment interest from yesterday, 13 April 2023
In response to the Bank of England’s recent 0.25% increase in the BOE base rate, i.e. to 4.25% (on 23 March), HMRC’s late payment...
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Farrell & Farrell
- Apr 7
- 1 min
Easter Opening Hours – 2023
The Easter holidays are here. Please note that our office will be closed Easter Monday & Easter Tuesday (10h & 11th April 2023) and will...
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Farrell & Farrell
- Mar 23
- 1 min
UK - Bank of England Interest Rates
The Bank of England has announced today they will raise the interest rate from 4% to 4.25%. #bankofengland #interestrates
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Farrell & Farrell
- Mar 14
- 1 min
We are hiring!
#hiring #accountant #recruitment #job #farrellandfarrell #hybrid #growingpractice
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Farrell & Farrell
- Feb 28
- 1 min
REMINDER: UK 2021/22 TAX LIABILITY PAYMENTS
Just a reminder that any 2021/22 self assessment tax liabilities that are still outstanding should be paid to HMRC by this Thursday, 2...
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Farrell & Farrell
- Feb 23
- 1 min
UK National Minimum Wage increase – 1 April 2023
The UK national minimum wage will increase from 1 April 2023. The rates for the various groups of workers can be viewed in the following...
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