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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
ROI - Temporary Business Energy Support Scheme (TBESS) extended to 31 July 2023
Irish Revenue has confirmed today that claims can now be made under the extended Temporary Business Energy Support Scheme for the period...
Farrell & Farrell
May 29, 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
Irish CRO – DIRECTOR PPS REQUIREMENT
Companies Registration Office (CRO) have confirmed that with effect from 11 June 2023 the new requirement for PPS number (PPSN)...
Farrell & Farrell
May 9, 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
Irish Revenue Extension of Pay & File Deadline – 2023
Irish Revenue have announced today the extension to the 2022 Pay & File Deadline for Self-Assessment Income tax and for customers liable...
Farrell & Farrell
Apr 5, 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


UK Spring Budget 2023
Please find attached a detailed summary of the UK Spring Budget 2023 as announced yesterday by the Chancellor, Mr Jeremy Hunt. If you...
Farrell & Farrell
Mar 16, 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


ROI 9% Hospitality VAT Rate Extension
The Irish Government announced today their €1.3bn Cost-of-living package today with some targeted and some universal announcements. A few...
Farrell & Farrell
Feb 21, 20231 min read
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