As a result of the increase in the Bank of England base rate to 1% last week, HMRC has now confirmed that it will raise their interest...

Irish Revenue have announced that there will be an extension to the Pay & File Deadline for Self-Assessment Income tax 2021 and for...

Just a reminder that the Irish Revenue have released a new Code of Practice for Revenue Compliance Interventions which will apply to all...

The Easter holidays are here. Please note that our office will be closed Easter Monday & Easter Tuesday (18th & 19th April 2022) and...

With effect from 1 April 2022 all VAT registered businesses (regardless of turnover) must keep digital records for VAT purposes and...

The Irish Minister in the last few days has announced the principles of the proposed Irish auto-enrolment pension scheme due to commence...

Businesses in the construction industry will no longer be able to use red diesel from 1st April 2022 for most purposes.

The Chancellor, Rishi Sunak announced the UK Spring Statement 2022 yesterday, 23 March 2022. Please find attached our summary of the...

A 5% late payment penalty arises on the tax balancing payment and/or Capital gains tax paid late. The trigger date for the first late...

Please find attached our summary of the upcoming changes in regard to UK PAYE.

Similar to last year, whilst there isn’t an extension of the Self Assessment income tax deadline, HMRC announced yesterday that Self...

If you have made disposals of Irish chargeable assets between 1 December 2021 and 31 December 2021 and realised a chargeable gain, any...

Our office will be closed from Thursday, 23rd December 2021 and reopening on Tuesday, 4th January 2022. FROM ALL OF US AT FARRELL &...

SSP TEMPORARY CHANGES - The Statutory Sick Pay (SSP) rules have been temporarily amended in Northern Ireland and Great Britain to extend...

Please find attached our summary regarding support announced for the hospitality sector.

If you have made disposals of chargeable assets between 1 January 2021 and 30 November 2021 and realised a chargeable gain, any Irish CGT...

The ROI NMW will increase with effect from 1 January 2022. The rates for the various groups of workers can be viewed in the following...

The HMRC company car advisory fuel rates that apply from 1 December 2021 have been increased reflecting a sharp increase in fuel prices...

Irish Revenue have today announced that due to the current Covid-19 developments in Ireland, the ROS Pay & File deadline for Income tax...

Please find attached our summary regarding the Economic Recovery Innovation Grant scheme.