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Chartered Accountants & Business Advisors.

We have been providing businesses throughout East Yorkshire with qualified accountancy and taxation advice for over 20 years. From business start-ups to established companies our team will provide you with the advice and expertise needed to assist in helping to drive your business forward.

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Chancellor Philip Hammond Has Delivered The Autumn 2017 Budget

Key Budget Points

The state of the economy

  • Growth forecast for 2017 downgraded from 2% to 1.5% - Productivity growth and business investment also revised down
  • Another 600,000 people forecast to be in work by 2022
Business
  • £500m for 5G mobile networks, fibre broadband and artificial intelligence
  • £540m to support the growth of electric cars, including more charging points
  • A further £2.3bn allocated for investment in research and development,
  • Another 600,000 people forecast to be in work by 2022
  • Existing diesel supplement in company car tax to rise by 1%
  • Short-haul air passenger duty rates and long-haul economy rates to be frozen, paid for by an increase on premium-class tickets and on private jets.
  • VAT threshold for small business to remain at £85,000 for two years
  • Income tax to be applied from April 2019 on digital economy royalties relating to UK sales which are paid to a low-tax jurisdiction, raising about £200m a year
  • Rises in business rates to be pegged to CPI measure of inflation, not RPI
  • A further £2.3bn allocated for investment in research and development

BREXIT
  • £3bn to be set aside over next two years to prepare UK for every possible outcome as it leaves EU
Pensions, tax, savings and welfare
  • Stamp duty to be abolished immediately for first-time buyers purchasing properties worth up to £300,000
  • In London and other expensive areas, the first £300,000 of the cost of a £500,000 purchase by first-time buyers will be exempt from stamp duty
  • £1.5bn package to "address concerns" about the delivery of universal credit
  • Claimants to get one month's payment within five weeks of applying
  • Scottish police and fire services to get refunds on VAT from April 2018
  • Vehicle excise duty for diesel cars that do not meet latest standards to rise by one band in April 2018
  • Tax hike will not apply to van owners
  • Tax-free personal allowance to rise to £11,850 in April 2018
  • Higher-rate tax threshold to increase to £46,350
  • Tobacco will rise by 2% above Retail Price Index (RPI) inflation while the minimum excise duty on cigarettes introduced in March will also rise, as will duty on hand-rolled tobacco
  • Duty on beer, wine, spirits and most ciders will be frozen
  • Duty on high-strength "white ciders" to be increased via new legislation

Payroll Services

We offer a full payroll service for your business, which offers many advantages to you and your business. We will ensure that all requirements under the new Real Time Information (RTI) system are being met by your business. Alternatively we will assist in the setting up of your own payroll service advising on the best software for your needs and how to operate it.

Company Audits

Audits and Independent Reviews still remain the most valuable means of giving your business credibility as they assist in the improvement of management information, provide reassurance for stakeholders and/or trustees, and can identify potential weaknesses and how to alleviate them. Audits and reviews give businesses an independent opinion regarding the completeness and accuracy of their financial statements for a given period.

Banking Advice

Cameron, Ferriby & Co has a long established and respected place in the local banking fraternity and will work with you and your business to establish its banking needs ensuring you are receiving the best service the business banking sector has to offer.

Specialist Service

Take a few minutes to visit our video media page where you can watch a range of selected videos, catch up on Chancellor statements and budget speeches as well as more details on why using an ICAEW Chartered Accountant is important to your business and see what's going on locally in Hull City of Culture 2017 #Hull2017 ... great with a coffee!

Visit our media page

Client Testimonals

Live Business & Financial News

Airbus warns no-deal Brexit could see it leave UK Posted on Friday June 22, 2018

The European planemaker says no-deal Brexit would force it to reconsider its investments in the UK.

EU tariffs on US goods come into force Posted on Friday June 22, 2018

The European Union has gone ahead with retaliatory duties against $2.8bn worth of US-made products.

House of Fraser rescue plan faces vote Posted on Friday June 22, 2018

Creditors vote on Friday on the department store chain's plans to close more than half its stores.

Hammond: Treasury not the 'enemy of Brexit' Posted on Thursday June 21, 2018

Chancellor tells City the UK needs to protect patterns of trade with EU "built up over decades".

Intel chief Brian Krzanich resigns over relationship Posted on Thursday June 21, 2018

The company says Brian Krzanich is leaving because of "a violation of Intel's non-fraternisation policy".

US banks pass financial stress tests Posted on Thursday June 21, 2018

The Federal Reserve says US banks have the money to handle a recession, despite rising credit card debt.

Chanel lifts the veil on its profits for the first time Posted on Thursday June 21, 2018

The French fashion house has made its financials public but is in no hurry to float the business.

US court backs states over web sales tax Posted on Thursday June 21, 2018

Previously companies without a physical presence in a state were exempt from sales tax collection rules.

Young's Seafood loses £30m Asda whitefish and shrimp contract Posted on Thursday June 21, 2018

Young's Seafood said it was "naturally disappointed" by the news.

TSB failed to test IT system properly, suggests IBM Posted on Thursday June 21, 2018

Experts from IBM, brought in to help during the bank's IT meltdown, query if TSB understood the risks.

Webinar resources Posted on Thursday January 01, 1970

Thank you for registering on to the Business and Management Faculty's webinar, Brexit update, broadcast on 20 June 2018.

Business and Management Faculty 2018 webinars and events Posted on Thursday January 01, 1970

Stay up-to-date by attending our webinars and events in 2018. We have a varied programme of CPD lectures offering you the choice of meeting fellow members at our one hour events at Chartered Accountants’ Hall, or listening to our online webinars from the comfort of your office or home.

Company filing requirements and development update Posted on Thursday January 01, 1970

This webinar will provide you with a quick summary of filing requirements and indicate how to legitimately reduce excessive detail of personal information requested.

Investor relations and the FD Posted on Thursday January 01, 1970

Faculty members turned out in force on 6 February for the first joint event between the Faculty and the Investor Relations Society. An impressive line-up of speakers, chaired by Penny Bickerstaff, independent consultant and Faculty committee member, debated the demands on FDs from their IR programmes, and the inherent conflicts with the day job.

Audit: What CFOs want Posted on Thursday January 01, 1970

The main purpose of an audit is to satisfy an organisation’s shareholders, but is that the only benefit to the finance function? Lauren Razavi finds out.

Internal Audit - Members opinions Posted on Thursday January 01, 1970

In the February issue of Finance & Management, we published an article by Robin Pritchard, focusing on the need for audit committees to demand more of their internal audit function, and for internal audit to take a more proactive role in the business. Here two veterans of internal audit give their responses.

You gets what you pays for Posted on Thursday January 01, 1970

Executive pay is a sore topic for many people. But while styling the perfect remuneration strategy is incredibly tricky, that doesn’t mean we shouldn’t try Nigel Mills goes back to basics with a framework for getting it right

Worth 1,000 Posted on Thursday January 01, 1970

Well-presented infographics capture the reader’s attention and impart important information quickly. So we asked three design agencies to show us how they’ve been helping clients communicate corporate data more effectively.

Statistics skills in Excel Posted on Thursday January 01, 1970

We go “back to basics” for this series of Excel statistics webinars offering you very practical steps designed to help you make use of statistic’s tools in Excel to improve your data analysis.

Stats skills in Excel - Forecasting and trends Posted on Thursday January 01, 1970

Our Excel expert, John Tennent, talks us through the Excel tools to assist with forecasting and trending.

Strategy - Using the board intelligently Posted on Thursday January 01, 1970

In a competitive business world, how can a company’s board help to drive progress? Simon Albert of Board Intelligence argues that an intelligently-prepared board pack is key to success.

KPI implementation Posted on Thursday January 01, 1970

With the use of key performance indicator projects, it’s easy to be unsuccessful. David Parmenter discusses how businesses can avoid failure.

Notice of annual general meeting Posted on Thursday January 01, 1970

The annual general meeting of the Business and Management Faculty was held on Monday 22 May 2017 at 18:00 at the Institute of Chartered Accountants, Chartered Accountants’ Hall, Moorgate Place, London.

Head in the clouds Posted on Thursday January 01, 1970

Moving to the cloud isn’t an easy decision to make, but Tim Phillips explores why it could be best for your business.

Economic update 2018 Posted on Thursday January 01, 1970

Dr. Stephen Davies, Head of Education at the Institute of Economic Affairs (IEA) presents a one hour webinar on the state of the UK economy half way through 2018.

WIF steering group Posted on Thursday January 01, 1970

WIF is the Business and Management Faculty’s Women in Finance Network.

Seven steps to recruiting the right team Posted on Thursday January 01, 1970

Clarity or purpose and a rounded approach are essential, finds Bethan Ashmead-Latham.

Steps to minimise supply chain fraud Posted on Thursday January 01, 1970

As businesses are becoming increasingly reliant on longer, more complex supply chains, the opportunities for fraud are increasing. Tim Philips looks at what can be done to prevent it.

Choosing the right KPIs Posted on Thursday January 01, 1970

With crucial KPIs buried deep in every business, finance professionals speak to Lauren Razavi about how they harness their company’s hidden depths for success.

Benefits of bespoke data analysis Posted on Thursday January 01, 1970

Matthew Leitch extols the considerable business benefits of bespoke data analysis.

What are tariffs and how do they affect us? Posted on Friday June 22, 2018

As a trade war becomes an increasing risk, how do governments use tariffs in international commerce?

Are we in for a beer shortage this summer? Posted on Wednesday June 20, 2018

Why beer, fizzy drinks and meat could be in short supply this summer in the UK.

The personal stylists helping out-of-work women Posted on Tuesday June 19, 2018

Smart Works charity offers styling and interview coaching for women who are struggling to find work.

The true cost of a dream Ugandan wedding Posted on Thursday June 21, 2018

The desire for the perfect day has led to a boom in Uganda’s wedding industry - but these events come at a cost.

Transforming Asia's skylines Posted on Monday June 18, 2018

The architect behind some of Asia's most spectacular new buildings discusses his designs.

This car is on Autopilot. What happens next? Posted on Tuesday June 12, 2018

Semi-autonomous vehicles, which can partly drive themselves, are already on our roads. But experts are worried that drivers don't understand what they can do.

Think about your customers' needs from the start Posted on Monday June 18, 2018

Medical app designer: to get your business off the ground quickly, think about your customers' needs right from the start.

Aero engine-maker Rolls-Royce to slash 4,600 jobs Posted on Thursday June 14, 2018

"A shame for Derby", as Rolls-Royce announces thousands of jobs will go at its headquarters in the city.

Business owners worried about Network Rail arches sell-off Posted on Tuesday June 12, 2018

Traders tells BBC Radio 5 live they're concerned about rising rents and the local community impact.

President Trump's continued engagement with North Korea raises curiosity over its economy. Posted on Monday June 11, 2018

President Trump's continued engagement with North Korea raises curiosity over its economy - how do North Koreans live?