Business Details
19 Years
experience
Trusted Chartered Accountants in Newry, Co. Down
Established in 2007, Farrell & Farrell Chartered Accountants combine over four decades of collective expertise with dual tax qualifications in both the UK and Republic of Ireland. Our team of Chartered Accountants and Tax Advisers delivers tailored financial solutions across auditing, taxation, business advisory, and cross-border compliance. With deep-rooted experience in sectors ranging from construction to professional services, we prioritise client-centric support through strategic planning, grant funding assistance, and digital transformation guidance.Our unique cross-border capabilities stem from being one of the few firms with CTA qualifications in both jurisdictions, complemented by memberships in STEP, Chartered Institute of Tax, and regulatory oversight by Chartered Accountants Ireland. We maintain rigorous compliance standards while offering bespoke advice for business growth, succession planning, and tax optimisation.
Services
Accounts & Audit
Taxation Advisory
Payroll Services
VAT Compliance
Corporate Finance
Company Secretarial
Cross-Border Services
Making Tax Digital
Book-keeping
Details
- Year established: 2007
Highlights and features
- Dual UK and Irish CTA tax-qualified team for cross-border expertise
- Tailored financial solutions for business lifecycle stages
- Regulated audit services with Chartered Accountants Ireland oversight
- Specialist grant funding application assistance across jurisdictions
- Proven track record in HMRC and Irish Revenue compliance
Associations and certifications
- Chartered Accountants Ireland
- The Chartered Institute of Taxation
- Audit Register UK
Services
Accounts & Audit
We provide independent audit services and tailored accounting solutions for businesses of all sizes. Our team ensures compliance with statutory requirements while delivering strategic financial insights. Services include year-end accounts, management reporting, and internal audit support across multiple sectors.
Taxation Advisory
Our dual-qualified tax specialists offer cross-border compliance and strategic planning for individuals and businesses. We handle corporation tax, inheritance tax, and international tax structuring while maintaining full compliance with UK and Irish regulations.
Payroll Services
We manage UK and Irish payroll operations including tax compliance, benefit calculations, and year-end returns. Our services ensure adherence to local employment regulations while simplifying cross-border payroll management for multinational employers.
VAT Compliance
Our VAT specialists handle cross-border compliance, return submissions, and strategic planning. We advise on transactional VAT implications, partial exemption reviews, and dispute resolution with tax authorities across UK and Irish jurisdictions.
Corporate Finance
We provide debt advisory, merger & acquisition support, and grant funding assistance. Our team connects clients with financial institutions and structures funding solutions tailored to business growth and expansion requirements.
People
Elaine Farrell
Founding Partner
Fellow Chartered Accountant and dual-qualified UK/Irish tax adviser with over 20 years' experience. Specialises in cross-border taxation, estate planning, and business advisory services for high-net-worth individuals and corporate clients.
Jayme Farrell
Founding Partner
Chartered Accountant with expertise in business development and corporate finance. Focuses on strategic growth planning, financial restructuring, and advisory services for family-owned businesses across the island of Ireland.
Mairead Lavelle
Chartered Accountant
Experienced auditor and tax compliance specialist with over 20 years' experience serving SMEs. Provides accounting and tax solutions for construction, agriculture, and retail sector clients across Northern Ireland.
Carolyn Hanna
Accounting Technician
Specialist in cross-border payroll and company secretarial services. Manages compliance requirements for UK and Irish businesses while supporting clients with CIS/RCT tax obligations and administrative processes.
Questions
What cross-border services do you offer?
We provide dual-qualified UK and Irish tax compliance, payroll processing, VAT planning, and business advisory services for clients operating across Northern Ireland, the Republic of Ireland, and the UK.
How do you support business growth?
Our team offers cashflow forecasting, grant funding applications, corporate finance advisory, and strategic business planning tailored to each client's lifecycle stage from start-ups to succession planning.
Are you qualified to handle HMRC and Irish Revenue audits?
Yes, our CTA-qualified team has extensive experience representing clients during tax investigations with both HMRC and the Irish Revenue Commissioners.
What is your MTD compliance expertise?
We assist businesses with Making Tax Digital transition, including software selection, digital record-keeping, and quarterly VAT return submissions for UK and cross-border operations.
Do you offer payroll services for UK/Irish employees?
Yes, we manage cross-border payroll processing, benefit calculations, and compliance reporting for businesses employing staff in both UK and Irish jurisdictions.
