Business Details
19 Years
experience
Chartered Accountants in Newry
Farrell & Farrell Chartered Accountants is a professional firm specialising in accountancy, taxation, and business advisory services across Northern Ireland, the Republic of Ireland, and the UK. Our team of Chartered Accountants and Tax Advisers offers tailored solutions for individuals, sole traders, partnerships, and limited companies, with unique dual tax qualifications in both UK and Irish jurisdictions. We provide cross-border expertise in audit, compliance, corporate finance, and tax planning, supported by over two decades of collective experience.Our services are designed to meet the evolving needs of businesses at every lifecycle stage, from start-ups to succession planning. We maintain strong relationships with financial institutions and regulatory bodies, ensuring compliance and strategic guidance for clients. Our commitment to technical excellence and client-focused support has established us as trusted advisors in complex cross-border transactions. We prioritise transparency, timely delivery, and proactive advice to help clients navigate regulatory challenges and achieve long-term growth.
Services
Accounts & Audit
Taxation Advisory
Business Advisory
Payroll Services
Corporate Finance
Company Secretarial
VAT Services
MTD Compliance
Book-keeping
Cross-Border Taxation
Details
- Year established: 2007
Highlights and features
- We offer dual tax qualifications in UK and Irish jurisdictions for cross-border expertise.
- Our team provides tailored compliance and strategic advisory services for all business stages.
- We maintain strong relationships with high street banks and financial providers.
- We deliver timely and compliant audit, VAT, and payroll services across borders.
- Our partners have over 20 years of combined experience in accountancy and tax planning.
Associations and certifications
- Chartered Institute of Taxation
- Chartered Accountants Ireland
Services
Accounts & Audit
We provide independent audit and accounting services tailored to businesses of all sizes. Our team ensures compliance with regulatory standards while delivering insights to enhance financial performance. Clients benefit from customised management accounts, statutory audits, and transparent reporting.
Taxation Advisory
Our cross-border tax experts offer compliance and strategic planning for UK and Irish jurisdictions. Services include inheritance tax, corporate tax, and VAT planning, alongside representation during HMRC or Revenue Commissioners audits. We prioritise early-stage transaction advice to minimise liabilities.
Business Advisory
We deliver bespoke advisory solutions for business growth, including cashflow forecasting, funding applications, and merger support. Our team assists with restructuring, grant funding, and strategic development, leveraging strong banking relationships to secure debt and equity financing.
Payroll Services
We manage UK and Irish payroll processing, ensuring compliance with tax regulations. Services include benefits reporting, year-end returns, and cross-border payroll solutions for businesses operating on both sides of the Irish border, reducing administrative burdens.
VAT Services
Our VAT specialists handle compliance and strategic planning for domestic and cross-border transactions. We review VAT implications of property purchases, construction projects, and international trade, ensuring optimal structuring to reduce liabilities and improve cash flow.
People
Elaine Farrell
Founding Partner
Elaine is a dual-qualified Chartered Accountant and Tax Adviser with expertise in cross-border taxation. She lectures on UK and Irish tax matters and holds qualifications from Chartered Accountants Ireland and the Irish Taxation Institute.
Jayme Farrell
Founding Partner
Jayme specialises in business improvement and corporate finance, with experience in strategic cost-saving projects and business valuations. He qualified as a Chartered Accountant with PricewaterhouseCoopers and has industry experience in financial reporting.
Mairead Lavelle
Chartered Accountant
Mairead has over 20 years of experience in audit and tax compliance for SMEs across construction, agriculture, and retail sectors. She qualified with Chartered Accountants Ireland and manages accounts preparation and business advisory services.
Carolyn Hanna
Accounting Technician
Carolyn specialises in cross-border payroll and company secretarial services. She qualified as an ATI Accounting Technician and supports clients with CIS/RCT compliance and accounts preparation.
Questions
What cross-border services do you offer?
We provide tax, payroll, and VAT compliance services for businesses operating between the UK and Republic of Ireland, leveraging dual-qualified expertise.
How do you support business start-ups?
We assist with tax registrations, compliance structuring, and funding applications, offering tailored advice for new businesses.
Are you regulated by professional bodies?
Yes, we are regulated by Chartered Accountants Ireland and registered with the Chartered Institute of Taxation.
Do you handle MTD compliance?
Yes, we guide businesses through Making Tax Digital transitions, including software selection and quarterly reporting.
Can you assist with grant funding applications?
Our team manages grant applications for start-ups and established businesses across Northern Ireland and Ireland.
How do you handle VAT planning for property transactions?
We review VAT implications of property purchases, advise on option-to-tax rules, and liaise with legal advisors to minimise liabilities.
