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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

UK inflation slips to 2.4% in September Posted on Wednesday October 17, 2018

The UK inflation rate slipped slightly in September after hitting a six-month high in August.

Flybe shares sink on profit warning Posted on Wednesday October 17, 2018

Regional airline expects an annual loss more than three times higher than its previous estimate.

Asos still in fashion as profits and sales keep soaring Posted on Wednesday October 17, 2018

Shares in the online fast fashion retailer recover some ground on strong results.

Netflix soars on record subscriber total Posted on Tuesday October 16, 2018

The streaming service adds seven million subscribers in the third quarter, bringing the total to 137 million.

Christine Lagarde: IMF chief won't attend Saudi event Posted on Wednesday October 17, 2018

The IMF chief delays a trip to the Middle East after the disappearance of a prominent journalist.

Trump calls Federal Reserve 'my biggest threat' Posted on Tuesday October 16, 2018

The US president has escalated his war of words against America's central bank.

Canada becomes second country to legalise recreational marijuana Posted on Wednesday October 17, 2018

The country becomes only the second nation in the world, after Uruguay, to legalise recreational use.

Love Island breast enlargement ad banned Posted on Wednesday October 17, 2018

A TV ad showing young women with breast implants feeling "amazing" is banned by advertising watchdog.

Spotify ad banned for causing 'distress' to children Posted on Wednesday October 17, 2018

The advert mimicked a horror movie and was likely to scare youngsters, the ad authority says.

US plans trade deals with UK, Japan and EU Posted on Wednesday October 17, 2018

The US wants to negotiate three separate trade deals, but talks with the UK would start after Brexit.

Why building digital brands is the future for finance Posted on Thursday January 01, 1970

Finance professionals work daily with new technology and financial brands must embrace the online revolution to succeed, argues Warren Knight.

Risk management: mindfulness and clumsy solutions Posted on Thursday January 01, 1970

Our helps managers in all functions who are being asked to pay more attention to the challenges of uncertainty.

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

Stay up to date by attending our 2018 webinars, either at Chartered Accountants’ Hall or in the comfort of your home.

Webinar resources Posted on Thursday January 01, 1970

Thank you for registering on to the Business and Management Faculty's webinar, Managing currency losses, broadcast on 3 October 2018.

Powerful and reckless Posted on Thursday January 01, 1970

Despite the best-laid plans, ventures do fail. As Matthew Leitch explains, finance professionals must resist the influence of power to keep their heads and prevent the more spectacular failures.

Strategy maps - useful tools for FDs Posted on Thursday January 01, 1970

Jonathan Teller reviews balanced scorecard gurus Robert Kaplan and David Norton's third book and concludes that 'strategy maps'are a valuable technique for finance directors(FDs).

Finance function effectiveness - Charity begins at home Posted on Thursday January 01, 1970

How do the finance directors who work in charities make the funds go further? In a tight economy, how do those at the helm maintain discipline and drive fundraising? Two FDs on the frontline of the third sector share their experiences.

How to run a successful tender process Posted on Thursday January 01, 1970

The tender process can seem complicated and time-consuming from a buyer’s perspective. In this article, David Noble advises on how to manage it effectively.

Seven deadly sins of planning and budgeting - sponsored by Oracle Posted on Thursday January 01, 1970

This webinar will help identify where risks and inefficiencies lie in your financial planning processes.

Standing in the way of control Posted on Thursday January 01, 1970

In the wake of the EU referendum there is uncertainty for businesses and their IT systems around the General Data Protection Regulation. Finance & Management explains.

Avoiding the cash crunch Posted on Thursday January 01, 1970

There’s a lot at stake for businesses when it comes to paying suppliers on time and, as a survey from Concur shows, not everyone is good at keeping up to date. Chris Baker issues a call to action

Seven deadly sins of finance Posted on Thursday January 01, 1970

Nigel Youell, senior director from Oracle’s Office of Finance, considers the common ailments that may be constructing beneficial change.

Don't go down with the ship Posted on Thursday January 01, 1970

David Parmenter urges everyone to abandon broken processes and systems to make way for the new.

Managing currency losses Posted on Thursday January 01, 1970

This practical twenty minute webinar by Moneycorp, will cover the low cost, easy and efficient ways to help to protect against currency losses which would otherwise affect the profitability of your business.

Making the most of your board Posted on Thursday January 01, 1970

Niamh Corbett of Board Intelligence shares some practical and interesting tips around ‘The Six Conversations’ your Board should be having.

Stats skills in excel - Forecast probabilities Posted on Thursday January 01, 1970

Our Excel expert, John Tennent, talks us through the use of Normal distribution curves and Monte Carlo simulation to measure the impact of uncertainty in financial modelling.

ICAEW reports to help SMEs Posted on Thursday January 01, 1970

The latest finance advice guides and reports designed to help small and medium-sized organisations navigate the business world.

Special report - Corporate image Posted on Thursday January 01, 1970

Developing and enhancing your branding as a business can greatly enhance your market presence, especially on-line. This report covers the most important aspects of bear in mind when developing a brand strategy.

Women in Finance Posted on Thursday January 01, 1970

The Women in Finance Network aims to share experiences and help members with personal development.

Effective meetings Posted on Thursday January 01, 1970

Constructing the most effective meetings takes a lot more than just arriving five minutes early and sticking to the topic. Beth Ashmead Latham reports.

Canada cashes in on legal cannabis Posted on Wednesday October 17, 2018

The legalisation of cannabis in Canada could have a huge impact on the country's economy.

Crickets: The food of the future? Posted on Tuesday October 16, 2018

A Vietnamese start-up is betting on crickets as a way of keeping a growing world population fed.

Dragons' Den star Theo Paphitis says he owes his success to dyslexia Posted on Monday October 15, 2018

Businessman and former Dragons' Den star Theo Paphitis has credited dyslexia for his success.

Sears: The slow death of a US retail giant Posted on Monday October 15, 2018

The decline of the former US shopping industry titan resulted in filing for bankruptcy.

Sophie Cornish: ‘Women, don’t be so hard on yourselves!’ Posted on Monday October 15, 2018

"Women tend to be their own worst critics," says notonthehighstreet.com co-founder Sarah Cornish.

Hammond expects 'better economic outcomes' from Brexit deal Posted on Friday October 12, 2018

The chancellor says the pace is picking up on Brexit talks and a deal could lift the economy.

What is the FTSE 100? Posted on Thursday October 11, 2018

All you need to know about the FTSE 100.

Lessons from Jersey's full-fibre internet Posted on Wednesday October 10, 2018

The island of Jersey has completed the rollout of full-fibre internet to 40,000 homes and businesses.

How taking up yoga saved one City worker Posted on Wednesday October 10, 2018

Mariya Gancheva, a successful but "burned out" City of London banker, turned to yoga to successfully reduce her stress levels.

Gwyneth Paltrow on Goop: We disagree with pseudoscience claims Posted on Tuesday October 09, 2018

Actress Gwyneth Paltrow responds to criticism of her controversial lifestyle brand, Goop.