top of page
Search
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...
Farrell & Farrell
Jul 28, 20231 min read
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...
Farrell & Farrell
Jul 10, 20231 min read
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...
Farrell & Farrell
Jun 28, 20231 min read
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...
Farrell & Farrell
Jun 22, 20231 min read


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...
Farrell & Farrell
Jun 13, 20231 min read
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...
Farrell & Farrell
Jun 9, 20231 min read
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...
Farrell & Farrell
May 17, 20231 min read
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...
Farrell & Farrell
May 11, 20231 min read
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...
Farrell & Farrell
May 5, 20231 min read
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....
Farrell & Farrell
May 4, 20231 min read
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...
Farrell & Farrell
May 2, 20231 min read


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.
Farrell & Farrell
Apr 28, 20231 min read
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...
Farrell & Farrell
Apr 14, 20231 min read
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...
Farrell & Farrell
Apr 7, 20231 min read
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
Farrell & Farrell
Mar 23, 20231 min read
We are hiring!
#hiring #accountant #recruitment #job #farrellandfarrell #hybrid #growingpractice
Farrell & Farrell
Mar 14, 20231 min read
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...
Farrell & Farrell
Feb 28, 20231 min read


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...
Farrell & Farrell
Feb 23, 20231 min read
UK - Bank of England Interest Rates
The Bank of England has today raised the interest rate from 3.5% to 4%.
Farrell & Farrell
Feb 2, 20231 min read
UK - HMRC raises late payment interest from 6 January 2023
HMRC will raise interest rates on tax debt from 6 January following the latest 0.5% increase in the Bank of England base rate. In...
Farrell & Farrell
Dec 21, 20221 min read
bottom of page

