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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

Walt Disney buys Murdoch's Fox for $52.4bn Posted on Thursday December 14, 2017

The deal ends Rupert Murdoch's more than half century of media empire building.

Bank sees boost from Brexit progress Posted on Thursday December 14, 2017

The Bank of England says progress in Brexit talks is likely to boost household and business confidence.

Four Seasons Health Care gains breathing space Posted on Thursday December 14, 2017

Four Seasons Health Care, which looks after 17,000 elderly residents, has secured its future for now.

Teva Pharmaceuticals: Israeli drugmaker to cut 14,000 jobs Posted on Thursday December 14, 2017

The Israeli drugmaker is struggling with $35bn debt from an acquisition and rising competition.

The pig farmer taking on Tesco Posted on Thursday December 14, 2017

Richard Baugh addresses concerns about supermarkets using "fake farm" brands

NatWest bank spat prompts web security changes Posted on Thursday December 14, 2017

The bank told a security expert "sorry you feel this way" when a potential vulnerability was found.

Eurozone economy to grow at faster rate, says central bank Posted on Thursday December 14, 2017

The European Central Bank expects GDP to rise further but inflation will stay below target.

Scottish income tax changes unveiled Posted on Thursday December 14, 2017

Higher and middle earners will pay more than elsewhere in the UK, but lower earners will pay less.

Black Friday lifts UK retail sales in November Posted on Thursday December 14, 2017

Deals on electrical household appliances boosted sales in November, official figures suggest.

Niki Austrian airline failure strands many passengers Posted on Thursday December 14, 2017

Some 5,000 passengers are stuck abroad after the Austrian airline opens insolvency proceedings.

Effective password policies Posted on Wednesday December 13, 2017

Business & Management shares advice on how to protect valuable company data and hardware with better password management.

Special report - Finance and Technology Posted on Wednesday December 13, 2017

This month’s report looks at the impact and influence that technology is having on our roles in finance.

Is Excel bad for you? Posted on Wednesday December 13, 2017

Here the experts share their views on spreadsheet strengths and weaknesses and whether they have any distance left to run.

Excel skills Posted on Wednesday December 13, 2017

Excel guru, John Tennent, offers practical tips on financial modelling and budgeting with Excel and will also share some excellent and very easy functions that Excel has to offer.

Error reduction and risk Posted on Wednesday December 13, 2017

Matthew Leitch examines how eliminating mistakes can improve business performance.

Boardroom pay Posted on Friday December 08, 2017

Pay ratios are the latest idea proposed to address public concern over executive remuneration. But will they achieve what proponents intend? David Craik investigates.

Economic update Posted on Thursday December 07, 2017

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 five months after the UK general election.

Business and Management Faculty 2017/2018 webinars and events Posted on Monday December 04, 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 Monday December 04, 2017

Thank you for registering onto the Business and Management Faculty's webinar, Excel skills, broadcast on 5 December 2017.

Time management Posted on Monday December 04, 2017

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

Business and Management Faculty 2018 webinars and events Posted on Friday December 01, 2017

Stay up-to-date by attending our webinars and events in 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.

Controlling risk when trading in overseas currencies Posted on Thursday November 30, 2017

This practical webinar examines the cost efficient options available for businesses, from operating an overseas currency bank account to pre-purchase credit cards.

SME news Posted on Tuesday November 28, 2017

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

Statistics for business - use of stats to detect fraud Posted on Friday November 17, 2017

This short talk is the third of our webinars on Statistics for Business, with Nigel Marriott of the Royal Statistical Society. Nigel explains how statistics can be used to identify anomalies in data sets and how it can assist in deterring and preventing fraud.

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.

My close escape from £10,000 bank scam Posted on Wednesday December 13, 2017

Barry Fox, 72, says he had "a close shave" with scammers when trying to buy a Rolls Royce on eBay.

The small jeans firm with a big ambition Posted on Wednesday December 13, 2017

With a workforce of just 15 people, the Hiut Denim Company now sells its jeans around the world from its small factory in rural Wales.

How inflation is hitting Britain's bakers Posted on Tuesday December 12, 2017

Bakery owner John Foster explains how the rising price of imports is affecting his business.

Helping poorer Kenyans pay for healthcare Posted on Tuesday December 12, 2017

Paying for healthcare in Kenya has got easier thanks to M-Tiba, a mobile "electronic health wallet".

Job prospects 'will improve' under new economic action plan Posted on Tuesday December 12, 2017

The new action plan means businesses have to make guarantees in order to get financial support.

UK inventors claim funding rules hold them back Posted on Monday December 11, 2017

Garden shed inventors talk about the challenges they face to get government funding for their ideas.

Stefano Tresca: 'Fight your battles on a single front' Posted on Monday December 11, 2017

CEO Secrets: Tech start-ups should concentrate on their core business and fight on one front at a time, says Stefano Tresca

Brexit: What still needs to be worked out? Posted on Saturday December 09, 2017

As the first phase of talks come to an end, what's been agreed and what is still to come?

The woman making money from food porn Posted on Saturday December 09, 2017

Meet Kimberly Espinel - the blogger teaching people how to photograph food for Instagram.

will.i.am: 'I want to be like Bill Gates' Posted on Friday December 08, 2017

Why will.i.am, the award-winning musician and front-man for the Black Eyed Peas is collaborating with coders.