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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
  • £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

  • £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

Donald Trump and the US economy in six charts Posted on Saturday January 20, 2018

How has US growth, jobs, stocks and trade fared in the first year of Donald Trump's presidency?

Carillion: The signals that the company was going bust Posted on Saturday January 20, 2018

Why did the City start to bet against construction giant Carillion before it went bust?

Dixons Carphone boss leaves for Boots Posted on Friday January 19, 2018

The head of the electronics retailer is switching to the cosmetics and chemist chain in a major move.

Coca-Cola pledges to recycle all packaging by 2030 Posted on Friday January 19, 2018

The drinks giant is pledging to reclaim a used can or bottle for every one sold.

Amazon raises monthly Prime price in US Posted on Friday January 19, 2018

The firm bumps up the monthly fee by $2, but the cost of an annual subscription was unchanged.

Dignity cuts funeral prices amid growing competition Posted on Friday January 19, 2018

Shares in Dignity, the UK's only listed funeral firm fall 50%, as it cuts prices by 25%.

Carpetright shares crash on profit warning Posted on Friday January 19, 2018

Shares in the retailer slump by 40% after the retailer suffers a "sharp deterioration" in UK trade.

UK retail sales slide in tough December Posted on Friday January 19, 2018

Retailers saw their biggest monthly fall since the EU referendum, official figures show.

Asda and Aldi stop energy drink sales to under-16s Posted on Friday January 19, 2018

Asda and Aldi will introduce ID checks from early March, after campaigners called for restrictions.

Carillion plan dubbed 'sticking plaster' Posted on Friday January 19, 2018

The FSB small business organisation rejects government claims that banks' support will provide a lifeline.

Business and Management Faculty 2018 webinars and events Posted on Friday January 19, 2018

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.

SME news Posted on Tuesday January 16, 2018

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

Women in Finance Posted on Wednesday January 10, 2018

The Women in Finance Network was launched by the Business and Management faculty in September 2006. Its aim is to share experiences and to help members with personal development.

Error reduction and risk Posted on Friday December 29, 2017

Matthew Leitch examines how eliminating mistakes can improve business performance.

Special report - Finance and Technology Posted on Friday December 29, 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 Thursday December 21, 2017

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

Effective password policies Posted on Thursday December 21, 2017

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

Short term contracts explained Posted on Wednesday December 20, 2017

Freelance work is increasing in today’s so-called gig economy. David Adams looks at what this means for businesses and those who work for them.

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.

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 Tuesday December 05, 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.

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.

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.

Hyperloop: A visit to the test site of Virgin's train of the future Posted on Friday January 19, 2018

Can a futuristic tube-based transport scheme that shoots pods through a vacuum become a reality?

How the zipper became a million dollar idea Posted on Friday January 19, 2018

The BBC's Aaron Heslehurst explains how the zipper became a million dollar idea.

Fighting for flexible working hours Posted on Friday January 19, 2018

Less than half of parents feel flexible working is an option in their workplace.

Fishermen's app: 'We can go direct to the consumer' Posted on Friday January 19, 2018

The app that's allowing Africa's fishermen to sell their catches directly to restaurants.

'If I tried to escape they said they would kill me' Posted on Thursday January 18, 2018

"Peter" came to Britain looking for a new life but instead he was held captive and forced to work for nothing.

Zambia's traders protest at anti-cholera measures Posted on Friday January 19, 2018

Market traders in Zambia protest against government rules aimed at containing an outbreak of cholera.

Donald Trump's impact on trade in Asia Posted on Thursday January 18, 2018

What's been the impact of Donald Trump's withdrawal of the US from the Trans-Pacific Partnership agreement?

Detroit motor show: Autonomous vehicles move centre stage Posted on Tuesday January 16, 2018

Detroit motor show: Autonomous vehicles move centre stage

A million dangerous tumble dryers still in UK Posted on Tuesday January 16, 2018

Faulty tumble dryers which can catch fire are still widely used in the UK, a committee of MPs warns.

H&M child model's mum says ad 'not racist' Posted on Tuesday January 16, 2018

Terry Mango defended the brand, after her son was caught up in a racism row.