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Farrell & Farrell
Jul 9, 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...
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Farrell & Farrell
Jul 5, 20242 min read
ROI: Increased size limits for Irish companies signed into law
The Department of Enterprise Trade and Employment has announced that the European Union Regulations 2024 were signed into law on 19 June...
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Farrell & Farrell
Jun 28, 20240 min read
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Farrell & Farrell
Jun 20, 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...
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Farrell & Farrell
Jun 10, 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...
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Farrell & Farrell
Jun 6, 20241 min read
ROI: The European Central Bank (ECB) announced a cut in its main interest rate
The European Central Bank (ECB) announced a cut in its main interest rate from an all-time high of 4% to 3.75%. #FarrellAndFarrell...
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Farrell & Farrell
Jun 3, 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...
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Farrell & Farrell
May 9, 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....
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Farrell & Farrell
Apr 30, 20241 min read
ROI: Increased Cost of Business (ICOB) Grant
As part of the Irish Budget 2024, a once-off Increased Cost of Business (ICOB) grant was announced to help with business costs. The grant...
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Farrell & Farrell
Apr 23, 20242 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...
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Farrell & Farrell
Apr 18, 20241 min read
ROI: Debt Warehousing deadline - 1 May 2024
The deadline for the repayment of warehoused debt is fast approaching on 1 May 2024. On 1 May 2024, those with warehoused debt will be...
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Farrell & Farrell
Apr 15, 20241 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...
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Farrell & Farrell
Apr 5, 20241 min read
Tax Adviser Vacancy
#FarrellAndFarrell #crossbordertaxadvisors #crossborder #taxadvisors #uktaxadvisors #roitaxadvisors #accountantcountydown...
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Farrell & Farrell
Mar 21, 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. ...
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Farrell & Farrell
Mar 20, 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...
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Farrell & Farrell
Mar 20, 20241 min read
ROI: Local Property Tax- annual payment due 21 March 2024
Thursday 21 March 2024 is Local Property (LPT) deduction date for property owners that opted to pay their 2024 LPT liability by annual...
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Farrell & Farrell
Mar 13, 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,...
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Farrell & Farrell
Mar 7, 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...
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Farrell & Farrell
Feb 27, 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...
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Farrell & Farrell
Feb 20, 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...
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