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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

Budget 2017: MPs rally round Hammond after growth gloom Posted on Thursday November 23, 2017

Economic forecasts put the chancellor under pressure but Tory MPs back him on stamp duty and Brexit.

Budget 2017: What does the stamp duty change mean? Posted on Wednesday November 22, 2017

People buying a first home worth up to £300,000 will pay no stamp duty, the Chancellor announces.

Budget 2017: UK growth forecast cut sharply Posted on Wednesday November 22, 2017

Forecasts are slashed as the Office for Budget Responsibility downgrades its productivity outlook.

Broadband firms must ditch 'misleading' speed ads Posted on Thursday November 23, 2017

A radical shake-up of broadband advertising will change the way ISPs promote the speed of net services.

Christmas fraud: Mobiles and clothes top presents targeted Posted on Thursday November 23, 2017

Christmas fraud is increasing, and police are urging the public to be vigilant with buying presents.

Budget 2017: Business rates to be pegged to CPI from 2018 Posted on Wednesday November 22, 2017

The move is worth £2.3bn to businesses over the next five years, the chancellor says.

Budget 2017: Why is white cider being taxed more? Posted on Wednesday November 22, 2017

For most drinkers the Budget was good news, but tax on the cheapest cider is going up.

Budget 2017: Tech giants targeted over tax payments Posted on Thursday November 23, 2017

Large technology companies will have to pay tax on royalties made on sales in the UK.

Multiyork collapse puts 550 jobs under threat Posted on Wednesday November 22, 2017

The furniture retailer will trade until Christmas at least as administrators seek a buyer.

UK regulator has 'huge concerns' over Uber breach Posted on Wednesday November 22, 2017

A data breach affecting 57 million customers and drivers should not have been concealed, the information commissioner says.

Strategic decision making Posted on Thursday November 16, 2017

Clear presentation of alternatives, uncontrollables and unknowns is a vital prerequisite for responsible, strategic decision-making, says Matthew Leitch.

Planning for retirement Posted on Thursday November 16, 2017

Retirement income isn’t something you should only think about on the day you’re handed a carriage clock. Business & Management looks at the personal wealth planning themes FDs should consider to ensure a comfortable post-career life.

Impact of Brexit on financial reporting Posted on Thursday November 16, 2017

Nigel Sleigh-Johnson looks at the implications of Brexit on financial reporting, including whether it’s best to stick to what we know.

IFRS 16 Posted on Thursday November 16, 2017

The publication of IFRS 16 Leases has been demystified with the creation of an ICAEW guide.

Data visualisation in presentations Posted on Thursday November 16, 2017

Author Steve Wexler reflects on the importance of feedback, iteration and constant improvement when it comes to creating the best data visualisations.

Productivity and investment Posted on Thursday November 16, 2017

With business investment in the UK slowing, Paul Golden considers the impact on productivity and employment and the role of the finance function in identifying and assessing potential sources of investment.

Business and Management Faculty 2017/2018 webinars and events Posted on Wednesday November 15, 2017

Stay up-to-date by attending our webinars and events in 2017/2018. We have a programme of CPD events that offer you the opportunity to meet speakers and fellow members at our events, or view from the comfort of your office with our online webinars.

Webinar resources Posted on Wednesday November 15, 2017

Thank you for registering onto the Business and Management Faculty's webinar, Statistics for business - use of stats to detect fraud, broadcast on 15 November 2017.

Business tax 2017 update Posted on Friday November 10, 2017

A practical overview of all forms of business tax, including PAYE and corporation tax.

Digital financial reporting - an update Posted on Wednesday November 08, 2017

What can technology offer to boards, investors and those who prepare business accounts when it comes to corporate reporting? A project by the Financial Reporting Council aims to find out.

Subsidiary management and subsidiarity Posted on Tuesday November 07, 2017

With agile practices in business on the minds of many CEOs, Hazel Davis examines which approach is better – having full subsidiarity or centralised management and procedures.

Trends in fraud - minimise your risk Posted on Monday November 06, 2017

This practical webinar will update you on the latest trends in fraudulent activity and detail the steps that you should take to avoid your business becoming a victim of financial fraud.

Brexit - update and impartial clarification Posted on Friday November 03, 2017

Matt Kilcoyne, Head of Communications at the Adam Smith Institute will provide a practical update on Brexit and clear the smoke surrounding discussions. He is joined by Nigel Hastilow, who will offer FD opinions on Brexit.

Taking charge of change Posted on Thursday November 02, 2017

If businesses must embrace change more frequently, why do managers find it so unsettling? Sally Fisher explains how to turn it to your advantage.

SME news Posted on Thursday November 02, 2017

Resources for SMEs including the latest government support schemes and information on smaller business issues.

Business Performance Management: The role of the finance professional Posted on Tuesday October 31, 2017

How can finance professionals contribute more to business performance?

Business performance management: When not to measure Posted on Monday October 23, 2017

When not to measure, provides some ideas on why measurement systems are not resulting in the behaviours your organisation desires.

Time management Posted on Monday October 09, 2017

This webinar will present you with effective time management techniques that work, allowing you to get the most out of your day.

Business continuity Posted on Friday October 06, 2017

To minimise the impact of major disruption, businesses need an effective continuity strategy.

Sensible cyber security Posted on Friday October 06, 2017

Everyone is talking about cyber security, but what is the key to implementing it effectively in your organisation? Matthew Leitch explains it all.

Budget 2017: Four key points to note Posted on Wednesday November 22, 2017

Budget 2017: The BBC's Kamal Ahmed says there are four key points to note.

Budget 2017: May hands cough sweets to Hammond Posted on Wednesday November 22, 2017

The chancellor may be trying to shake-off his 'Spreadsheet Phil' moniker with a few gags in his Budget speech.

Hammond opens his 2017 Budget speech on UK economy Posted on Wednesday November 22, 2017

The government will "express its resolve to look forwards not backwards", Philip Hammond says.

Budget 2017: Hammond on drink, tobacco and travel taxes Posted on Wednesday November 22, 2017

Cigarettes and some ciders will be taxed more, but duty has been frozen on other drinks, fuel, and airline taxes.

Budget 2017: Hammond end stamp duty for first-time buyers Posted on Wednesday November 22, 2017

The chancellor abolishes stamp duty on homes under £300,000 to help first-time buyers.

UK government must offer clarity and certainty Posted on Wednesday November 22, 2017

George Osborne's former chief of staff says the government must salve concerns about the UK economy.

Budget 2017: Hammond, May, Corbyn and McDonnell headlines Posted on Wednesday November 22, 2017

BBC News archives look back on the election campaign, conference season and economic highlights in the last 12 months.

'Want a cup of coffee? That'll be $60' Posted on Wednesday November 22, 2017

One cafe is charging customers over $60 for a cup of rare coffee. But who pays that just for coffee?

The cod father of global food production Posted on Wednesday November 22, 2017

How one Icelandic company became the world's largest manufacturer of food processing machinery.

Under 30s railcard gets mixed reaction from millennials Posted on Tuesday November 21, 2017

The discounted train travel option is set to be announced in Wednesday's Budget.