Accounts, Taxation
Business Advice
and Support

Chartered Accountants
And Registered
Auditors

image01

Business Advice
Service
Member

Book your
free consultation
today

image04

Limited Companies
Sole Traders, Charities
Academies & Partnerships

Our expertise
will help you succeed

image02

Business Start-Ups
It Starts Here
Tailored Solutions

Specialist Company
Formation Services

image03
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.

Contact Us Now
Chancellor Philip Hammond Has Delivered The Autumn 2018 Budget.

Key Budget Points ...

The state of the economy

  • Era of austerity is "finally coming to an end", the chancellor says
  • 2018 growth forecast upgraded to 1.6% from 1.3% last year and 1.5% in March
  • Economy predicted to grow 1.4%, 1.4%, 1.5% and 1.6% in 2019, 2020, 2021 and 2022 respectively.
  • 3.3 million more people in work since 2010
  • Wages growth at its highest in nearly a decade
Brexit
  • Extra £500m for preparations for leaving the EU
  • Spring Statement next March could be upgraded to full Budget if needed
  • A commemorative 50p coin to mark the UK's departure from the EU
Stamp duty and housing
  • All shared equity purchases of up to £500,000 to be exempt from stamp duty
  • £500m for the Housing Infrastructure Fund, designed to enable a further 650,000 homes to be built
  • Lettings relief limited to properties where the owner is in shared occupancy with the tenant
  • New partnerships with housing associations in England to deliver 13,000 homes
  • Guarantees of up to £1bn for smaller house-builders
Environment and energy
  • A new tax on non-recycled plastic packaging
  • No tax on takeaway coffee cups but this will be reconsidered if the industry doesn't make enough progress
  • £60m for planting trees in England
  • £10m to deal with abandoned waste sites
Defence and security
  • An extra £160m for counter-terrorism police
  • An extra £1bn for armed forces, for cyber-capabilities and the UK's new nuclear submarine programme
  • £10m for mental health care for veterans, to mark the centenary of World War One Armistice
  • £1.7m in Holocaust education programmes to mark the 75th anniversary of the liberation of Bergen-Belsen concentration camp, in northern Germany

The state of the public finances

  • Public borrowing in 2018 to be £11.6bn lower than forecast in March, representing 1.2% of gross domestic product, (GDP) the total value of goods produced and services provided
  • Borrowing forecast to £31.8bn, £26.7bn. £23.8bn, £20.8bn and £19.8bn in next five years
  • Debt as share of GDP peaked at 85.2% in 2016-17, falling to 83.7% this year and to 74.1% by 2023-24
  • 1.2% annual average growth in departmental spending promised
Personal taxation and wages
  • Personal allowance, the rate at which people start paying income tax, to rise from £11,800 to £12,500 in April - a year earlier than planned
  • The higher rate income tax threshold to rise from £46,350 to £50,000 in April
  • Fuel duty to be frozen for ninth year in a row
Welfare and pensions
  • Work allowances for universal credit to be increased by £1.7bn
  • 2.4 million working families with children to benefit by £630 a year
  • An extra £1bn to help welfare claimants transfer to new consolidated benefit
Business and digital
  • New digital services tax on UK revenues of big technology companies, from April 2020
  • Profitable companies with global sales of more than £500m will be eligible
  • Private finance initiative (PFI) contracts to be abolished in future
  • New centre of excellence to manage existing deals "in the taxpayer's interest"
  • Annual investment allowance to be increased from £200,000 to £1m for two years
  • Contribution of small companies to apprenticeship levy to be reduced from 10% to 5%
  • Business rates bill for companies with a rateable value of £51,000 or less to be cut by third over two years
  • Measure to benefit 90% of independent companies, cutting bill by £8,000
  • £900m in business rates relief for small businesses and £650m to rejuvenate High Streets
  • New mandatory business rates relief for all lavatories made available for public use, whether publicly or privately owned
  • Extending changes to the way self-employment status is taxed, from the public sector to medium and large private companies, from 2020

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. great with a coffee!

Visit our media page

Client Testimonals

Live Business & Financial News

UK weather: Heatwave prompts calls for flexible working Posted on Tuesday July 23, 2019

Staff should be allowed travel at different times and wear more casual clothing, a union body says.

UK hemp farm could lose £200,000 in crop destruction Posted on Tuesday July 23, 2019

Home Office revokes the farm's licence to grow hemp, although it is appealing against the decision.

Global growth forecast cut by IMF amid trade tensions Posted on Tuesday July 23, 2019

The Fund says growth "remains subdued", and trade and technology tensions need to be reduced.

Employment tribunals: 'I sued my boss and won' Posted on Tuesday July 23, 2019

Charlotte Loubser is one of an increasing number of people making claims against their former employers.

Huawei cuts jobs at US unit after trade clampdown Posted on Tuesday July 23, 2019

The job losses at the Chinese firm's research arm come after Huawei was added to a US trade blacklist.

Could Iran tensions push up petrol prices? Posted on Tuesday July 23, 2019

Oil and petrol prices have only risen modestly because of the crisis in the Gulf, but that could change.

How Japan's trade row with South Korea could hit tech supplies Posted on Tuesday July 23, 2019

A trade row between Japan and South Korea could pose a threat to supplies of smartphones and devices.

BA pilots vote in favour of strike action over key summer period Posted on Monday July 22, 2019

The British Airline Pilots' Association says 93% of its members have voted in favour of industrial action.

Huawei: Government decision on 5G rollout delayed Posted on Monday July 22, 2019

The implication of the recent US ban on its companies from dealing with Huawei was not clear, the government says.

What's the best way to stay awake in meetings? Posted on Monday July 22, 2019

Most of us have experienced meeting-induced drowsiness - here are six tips to beating it.

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

View our upcoming webinars and events.

Economic update 2019 Posted on Thursday January 01, 1970

Dr Stephen Davies returns to give an update on the UK economy.

Marketing for Finance Posted on Thursday January 01, 1970

Marketing top tips for finance professionals.

An introduction to data science Posted on Thursday January 01, 1970

Hear first-hand the benefits of data science for accountants and learn how to get started using data to identify patterns, make predictions and automate decision making.

Make your business agile Posted on Thursday January 01, 1970

A business cannot become agile by adopting elements of its management philosophy here and there. Beth Ashmead Latham looks at the specific chain of activities that makes for a successful adoption of agility.

Manage change effectively Posted on Thursday January 01, 1970

This webinar explores how a reaction to change can impact an individual’s wellbeing and the difference having a positive mindset can make.

Why don't staff always do what you want them to do? Posted on Thursday January 01, 1970

How can we improve the performance of our teams? How can we make those ‘tricky conversations’ a little easier for us and them? In this evening lecture, Angus Farr will identify the three underlying reasons why staff don’t always do what you want them to do.

Managing difficult situations and conversations Posted on Thursday January 01, 1970

This webinar provides simple and effective techniques to stay poised and resolve difficult situation.

How accountants can become digital leaders Posted on Thursday January 01, 1970

In this thought-provoking presentation, Warren will demystify how your future online customer is “thinking” and why every founder, business owner, and entrepreneur can digitally transform their sales and marketing using a proven methodology as a digital leader and utilise disruptive technology effectively.

Are businesses too big to fail? Posted on Thursday January 01, 1970

As the failure of outsourcing giants Carillion and Interserve creates waves throughout the industry, Pádraig Floyd looks at what other businesses can do to prevent being caught in their wake

Mike Ashley profile Posted on Thursday January 01, 1970

Can self-made businessman Mike Ashley save the high street? David Craik explores why other retailers aren’t following his turnaround vision for UK retail

Climate change reporting Posted on Thursday January 01, 1970

Jonathan Labrey, chief strategy officer, IIRC, explains why integrated reporting is the corporate antidote to climate change

Influencing and persuading - Promoting your brand Posted on Thursday January 01, 1970

David Gillespie, professional actor and coach, brings some practical tips in how to promote your brand, persuade people and better negotiate.

Webinar resources Posted on Thursday January 01, 1970

Thank you for registering on to the Business and Management Faculty's webinar, Influencing and persuading: Promoting your brand, broadcast on 15 May.

Getting your financial models right Posted on Thursday January 01, 1970

Financial models are vital tools in modern business, but are highly susceptible to being ruined by their creators' bad habits. ICAEW decided to turn this situation around by developing a new code of practice.

Make company transformation a success Posted on Thursday January 01, 1970

How do businesses rise to the challenge of change? Mark Kissack and M'Bayang Thiam share their insight on making company transformation a success.

Anti-money laundering update: what every business needs to know Posted on Thursday January 01, 1970

This webinar will provide a timely update on recent developments in this area and how to safeguard your business.

Maximising the potential of board and executive meetings Posted on Thursday January 01, 1970

How can the CFO equip their board to stimulate a more valuable conversation?

GDPR update Posted on Thursday January 01, 1970

Louise Marshall, solicitor and GDPR expert, provides a quick update on GDPR, highlights any pertinent case law and points out pitfalls that businesses need to avoid to ensure GDPR compliance.

Retail therapy Posted on Thursday January 01, 1970

Helping revolutionise Selfridges gave Peter Williams a reputation as a turnaround expert. Christian Doherty finds there’s more to him than corporate paramedic – but in an economy that refuses to recover, his lessons are valuable to all FDs.

Algae bio-curtains: Architects' radical solution to capture carbon Posted on Friday July 19, 2019

Scientists and architects in London have developed 'bio-curtains' to act as an alternative to urban trees.

Elon Musk and Jeff Bezos: The Silicon Valley space race Posted on Monday July 22, 2019

The battle between two billionaires vying to take us to the Moon and beyond.

Would this burger tempt you to eat meat? Posted on Friday July 19, 2019

Two BBC presenters put Impossible Foods' meat-free burger to the taste test. How does it shape up?

How the doughnut became a million dollar idea Posted on Friday July 19, 2019

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

The Worcester high street that's come back to life Posted on Friday July 19, 2019

From a Balkan breakfast to knitting - traders are diversifying to try to buck the trend of falling sales in the high street.

MPs and taxpayers on retrospective loan charge payments Posted on Thursday July 18, 2019

Anger is growing among taxpayers facing large demands from HMRC over their loan charge repayments.

Lavazza boss: bringing new blood into the family firm. Posted on Monday July 15, 2019

CEO Secret: How family-owned coffee firm Lavazza brought in new blood in its bid to go global.

Politics of automation: Factory workers and robots Posted on Monday July 15, 2019

Humans and robots working together in a factory may excite some tech geeks, but worry others who fear job losses.

Rory Cellan-Jones: 'My proton beam therapy diary' Posted on Friday July 12, 2019

Rory Cellan-Jones kept a video diary of the proton beam therapy he received for his eye tumour.

Thomas Cook boss: 'Our customers' holidays are secure' Posted on Friday July 12, 2019

Struggling Thomas Cook, which is planning a £750m cash injection, seeks to reassure customers.