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Last night saw the gala awards presentation evening for the 2024 SME Ely Business Awards.   Local businesses were eligible to enter 16 categories, to celebrate excellence and success within the Ely business community. Whitings have been headline sponsors of the event since 2017 and the leadership team from our Ely office dressed for the…

Well there we are, the quiz of the year is over and ‘The Ely 5’ won for 2024 finishing with a whopping 64 points. They played their joker card at the right time and rightfully won the night We look forward to seeing the trophy proudly displayed in our Ely office (keep an eye out…

If anyone local to our offices finds that their supermarkets are low on #EasterEggs, it definitely wasn’t us 🤫 It’s a little-known fact that accountants are actually fuelled by chocolate at this time of year, so we thought it was only right to get a ‘few’ Easter eggs in before the Easter break (we’ll be back…

Making Tax Digital for Income Tax will soon be upon us.   Over the past few years’ rents have been increasing and will continue to increase as inflation remains high. Many landlords will now be affected or will be coming close to the qualifying limits. With April 2026 fast approaching for those with qualifying income…

Let’s look at the 2024 Spring Budget for individuals. With the next general election on the horizon, Jeremy Hunt had no choice but to deliver an impactful Budget. Here is a summary of the main changes affecting individuals:   Class 1 National Insurance A fresh cut to primary Class 1 National Insurance contributions for employees from…

It’s National Apprenticeship Week 2024 and this years theme is ‘Skills For Life’. We thought we’d share a bit about apprenticeships, what they involve and where to start when looking to begin a career in Accountancy. What does studying for an apprenticeship whilst working at Whitings involve and why does it appeal to people? Doing…

Who spotted our #Bury Team on their ‘Walk and Talk’ as part of #TimeToTalk Day? We have been very lucky, more blue skies over our offices today and a great time for a catch up outside with one another! ☀️🚶‍♀️ #Accountants #Team #MentalHealth Rethink Mental Illness Co-op Mind

Have you thought about your end of year tax planning?   As another tax year end comes around we turn our thoughts to any tax planning that can be undertaken before the 5 April.   You can find a link to our general tax planning guide here Tax Year End Planning Feb 2024, as a reminder…

Alongside the Autumn Statement, the government has announced the outcome of its ‘Making Tax Digital’ review for small businesses. The outcome of the review has prompted some welcome simplifications and tweaks to the regime that should make it easier for taxpayers to interact with the Making Tax Digital for Income Tax Self-Assessment (MTD ITSA) regime.…

Have you considered preserving your family wealth?   It is a common occurrence in times of economic uncertainty, most recently the COVID-19 pandemic and the 2008 financial crisis, that asset valuations slump. In recent weeks, there has been widespread concern about the economy and in particular the housing market, with the volume of transactions and…