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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
ROI CGT Deadline 31 January 2023
If you have made disposals of Irish chargeable assets between 1 December 2022 and 31 December 2022 and realised a chargeable gain, any...
Farrell & Farrell
Jan 5, 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
Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) set to be postponed to 2026
MTD for ITSA was originally scheduled for April 2024, but it has been announced that the programme to digitise the UK tax system will be...
Farrell & Farrell
Dec 20, 20221 min read
UK - Bank of England Interest Rates
The Bank of England has today raised the interest rate from 3% to 3.5% - its ninth consecutive rise as it maintains its battle against...
Farrell & Farrell
Dec 15, 20221 min read
UK: Tax return filing deadline and pay your tax bill by 31 January 2023
A gentle reminder that the countdown to complete your UK self assessment tax return for 2021/22 tax year has begun! Struggling to pay...
Farrell & Farrell
Dec 13, 20221 min read
ROI National Minimum Wage increase – 1 January 2023
The ROI NMW will increase with effect from 1 January 2023. The rates for the various groups of workers can be viewed in the following...
Farrell & Farrell
Nov 30, 20221 min read
ROI CGT Deadline 15 December 2022
If you have made disposals of chargeable assets between 1 January 2022 and 30 November 2022 and realised a chargeable gain, any Irish CGT...
Farrell & Farrell
Nov 29, 20221 min read
HMRC company car advisory fuel rates from 1 December 2022
The HMRC company car advisory fuel rates that apply from 1 December 2022 remain unchanged from the September 2022 rates for all classes...
Farrell & Farrell
Nov 22, 20221 min read
Farrell & Farrell
Nov 18, 20220 min read
UK - Headline points from the Chancellor’s Autumn Statement 2022
Income tax – 20% & 40% rates remain unchanged. 45p tax rate to start from £125,140 instead of £150,000. This means people will pay an...
Farrell & Farrell
Nov 17, 20222 min read
Reversal of National Insurance Increase
From the 6 November 2022, the 1.25% cut to National Insurance rates for employees and employers takes effect across the UK. The tax cut...
Farrell & Farrell
Nov 9, 20221 min read
UK – HMRC late payment interest rates to increase
In response to the Bank of England interest rate increase to 3.0%, HMRC’s late payment interest rates will also increase with effect from...
Farrell & Farrell
Nov 8, 20221 min read
UK - Bank of England Interest Rates
The Bank of England has today raised the interest rate from 2.25% to 3%, which is the highest increase in 33 years.
Farrell & Farrell
Nov 3, 20221 min read
UK - Tax Free Childcare Scheme
Please find attached a detailed summary of the Tax Free Childcare Scheme.
Farrell & Farrell
Oct 21, 20221 min read
Northern Ireland student loans to rise by 40% due to cost of living
Northern Ireland's Economy Minister has announced a 40% increase in student maintenance loans from 2023. The increase will aim to...
Farrell & Farrell
Oct 20, 20221 min read
Farrell & Farrell
Oct 19, 20220 min read
Farrell & Farrell
Oct 18, 20220 min read
ROI – Extension announced to Debt Warehousing – 1 May 2024
Irish Revenue have announced an extension to the Debt Warehousing Scheme due to the current challenging economic situation for...
Farrell & Farrell
Oct 18, 20221 min read
The New UK Chancellor has announced a new financial plan
The new Chancellor appointed last Friday, Mr Jeremy Hunt announced today that the Government will reverse “almost all” of the tax cuts...
Farrell & Farrell
Oct 17, 20222 min read
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