Latest Blogs

Now is the time of year when many of us turn our thoughts to holidays and it is important to get holiday entitlement and holiday pay right. The June 2017 acas newsletter includes links to useful guidance on calculating holiday and holiday pay entitlements as well as guidance on hot weather working. The GOV.UK website…

From April 2018, Land Transaction Tax (LTT) will replace Stamp Duty Land Tax (SDLT) in Wales. Land and Buildings Transaction Tax (LBTT) already applies in Scotland. Like SDLT (and LBTT), LTT will generally be payable on the purchase or lease of a building or land. The new tax may therefore be relevant to house buyers and…

HMRC are advising that there have been technical issues with their Employment Related Securities (ERS) annual returns online service. Employers have to complete returns for any schemes that have been registered on the ERS online service, such as Enterprise Management Incentives (EMI), a non-tax advantaged scheme or award, Company Share Option Plan, Save As You…

The Office for Tax Simplification has published their recommendations on simplifying the corporation tax computation. This report sets out some significant steps towards creating a 21st-century corporation tax system in the UK, responding to calls from businesses of all sizes to make the calculation of corporation tax simpler, with fewer changes and more time to…

As the Summer season progresses, SME businesses local to Ely will be considering whether or not they wish to enter the area’s premier annual business awards competition this year. Those that have entered one of the 12 categories in previous years have benefited from networking with other entrants, free publicity within the Ely Standard over…

Whiting & Partners Bury St Edmunds Office wore red on Friday 9 June in support of The British Heart Foundation’s ‘Wear It Beat It’ campaign to raise awareness of the charity and support their research and support for those suffering with heart conditions across the UK. The office team raised £61.00 with donations made for…

Whiting & Partners took part in the second annual event run by RSM of Bury St Edmunds who hosted the mixed tournament at Culford School on Thursday 1 June 2017. The event was held in aid of Gee Wizz – a charitable trust raising funds for young people and their families with disabilities or debilitating…

Entries are now open for the Fenland Enterprise Business Awards 2017. With 12 awards up for grabs local companies have the chance to be recognised for their success as well as celebrate their achievements in 2016-17. Whiting & Partners is continuing its support for this important annual event in 2016 by sponsoring the Business of…

Once again we held our annual Farming Seminar, on the morning of Wednesday 26th April at the Maltings in Ely. Graham Redman and Michael Haverty of The Andersons Centre once again updated us on the state of UK agriculture. Graham and Michael provided some interesting DEFRA statistics with an overview of how each segment of the agricultural…

Minimising the tax paid on profits is a key aim of most SME businesses. The tax benefits of trading through a limited company, as compared to operating as a sole trader or partnership, soon becomes attractive as profits grow.