My tax journey - Marie Farrell

Jan 07, 2019

In this week’s eNews we bring you the next instalment of our new series of member profiles, where members share their insights on the current tax landscape and their professional journey.  This month it’s Marie Farrell who is Tax Director in KMPG.  Marie is based in the Belfast office but works in the KPMG Harbourmaster office in Dublin on a regular basis.  Marie has worked in KPMG since 2007, when she joined as a graduate trainee in the tax department.

What’s the biggest tax challenge you come up against in your work in tax practice?

The biggest challenge for me is staying up to date with the volume and complexity of recent changes in UK tax legislation – investing the time to keep up to date with the many technical changes while making sure that the quality of client service is maintained.

What’s changed for the better in tax since you started working as an accountant and tax professional?

It may be the standard response but the role that technology and digitalisation has played in driving efficiencies in recent years is immeasurable.  Thankfully the days of printing tax returns, computations and financial statements for large corporate groups running to many hundreds of pages and hand delivering them to the closest HMRC office on Christmas Eve are over.

What is the most rewarding aspect of your role as tax advisor?

KPMG is a training firm and part of my role is therefore working with and helping the trainees who join the firm as graduates.  Watching their tax technical knowledge and client relationships grow is extremely rewarding.  It is also great to see so many of our trainees promoted to the tax management team after finishing their training contracts.

Do you think that the Irish business community are ready for Brexit?

The uncertainty surrounding Brexit and the range of possible outcomes makes it extremely difficult for Irish businesses.  However, the Irish business community is a robust and resilient community - as long as the UK and EU reach a withdrawal agreement and the ‘no-deal’ scenario is avoided, the Irish business community is well prepared for whatever form the deal may take.