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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...
Farrell & Farrell
Aug 29, 20241 min read
UK: Child Benefit reminder - 8 days to extend child benefit for 16 to 19 year olds
HMRC is urging nearly a million parents with 16 to 19 year old children in education that they must renew child benefit claims urgently...
Farrell & Farrell
Aug 23, 20241 min read
UK: HMRC late payment interest cut by 0.25%
Further to the Bank of England cutting the base rate to 5% on 1 August, this has triggered a cut in HMRC interest rates. From 20th...
Farrell & Farrell
Aug 6, 20241 min read
UK: Reval 2026- Revaluation of Business Rates
The Department of Finance is undergoing an exercise, called Reval 2026, which will revalue non-domestic rates that will help to inform...
Farrell & Farrell
Aug 2, 20241 min read
UK: Pensions for seasonal temporary staff
HMRC has warned employers who take on extra staff over the summer to check if the workers are eligible for automatic enrolment into a...
Farrell & Farrell
Jul 26, 20241 min read


UK: A new chapter with a new Labour Government
. • The first Labour Budget in over 14 years is likely to be in October 2024, however we suspect a few early announcements! What we know...
Farrell & Farrell
Jul 9, 20241 min read
UK: BOE interest rate held at 5.25%
Despite the inflation rate in May hitting the Bank of England’s target of 2% for the first time in 3 years, the Bank of England has today...
Farrell & Farrell
Jun 20, 20241 min read
UK: The minimum standards for private rented properties
The minimum standards for private rented properties have been set as a: • Smoke alarm installed in; The room which is most frequently...
Farrell & Farrell
Jun 10, 20241 min read


UK: HMRC company car advisory fuel rates
The HMRC company car advisory fuel rates that apply from June 2024 have been increased by between 1p and 2p for petrol and diesel...
Farrell & Farrell
Jun 3, 20241 min read
UK: Interest rates remain unchanged at 5.25%
The Bank of England has today confirmed that interest rates will remain unchanged for the sixth time in a row at 5.25% as expected....
Farrell & Farrell
May 9, 20241 min read
UK: HMRC clarifies rules on tax relief for commuting costs for WFH employees.
HMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home. As a general rule, there is no...
Farrell & Farrell
Apr 23, 20242 min read
UK: HMRC freezes director’s loan interest at 2.25%
HMRC has confirmed that the official rate of interest will not be increased for directors’ loans outstanding throughout the tax year...
Farrell & Farrell
Apr 15, 20241 min read
Tax Adviser Vacancy
#FarrellAndFarrell #crossbordertaxadvisors #crossborder #taxadvisors #uktaxadvisors #roitaxadvisors #accountantcountydown...
Farrell & Farrell
Apr 5, 20241 min read
UK: Interest rates will remain unchanged
The Bank of England has today confirmed that interest rates will remain unchanged at 5.25% as expected, despite a decrease in inflation. ...
Farrell & Farrell
Mar 21, 20241 min read
EDIT: HMRC U-turn on plans to cut access to helplines
HMRC have just announced that further to feedback, they are now halting plans to restrict access to the self-assessment, VAT and PAYE...
Farrell & Farrell
Mar 20, 20241 min read
UK: Tax Changes to High Income Child benefit Charge (HICBC)
From 6 April 2024 the adjusted net income threshold at which child benefit will begin to be withdrawn will increase from £50k to £60k,...
Farrell & Farrell
Mar 13, 20241 min read
UK Spring Budget 2024
There is no doubt the upcoming General Election has influenced yesterday’s UK Spring Budget 2024. Individuals were the focus of this...
Farrell & Farrell
Mar 7, 20241 min read


HMRC company car advisory fuel rates from 1 March 2024
The HMRC company car advisory fuel rates that apply from March 2024 have been cut by between 1p and 2p for all classes of vehicle. These...
Farrell & Farrell
Feb 27, 20241 min read
ROI/NI: Ireland announces €800m cross border funding package
The Irish Taoiseach, Leo Varadkar, has today announced funding of over €800m for “Shared Island” ROI/NI cross border investments. This...
Farrell & Farrell
Feb 20, 20241 min read
UK: HMRC U-Turn on BIK treatment of double cab pickups
HMRC have now announced that just days after the decision to treat double cab pickups (with a payload of more than one tonne) as cars...
Farrell & Farrell
Feb 20, 20241 min read
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