Latest Business Support

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…

Last year the UK imported £350 billion of goods and services from businesses in fellow EU member states. Although a lot of talk in the run-up to Brexit is currently about what UK business should do to protect their interests post-Brexit, these European businesses should, similarly, be hedging their exposure to the expected changes. Germany,…

We are pleased to announce that McMorran Accountancy has recently successfully completed negotiations with Whiting & Partners, Chartered Accountants and Business Advisers to merge their business activities and will now continue to practice as Whiting & Partners Ltd (incorporating McMorran Accountancy). Following his retirement, Richard McMorran has decided that it is in the interests of…

Is your turnover more than £85k and you are a sole trader, partnership or landlord? If so you will need to comply with making tax digital from April 2018. Now is the time to start using software to ensure you are used to a new programme ahead of filing live returns to HMRC. Our Ely…

Liquidation Procedures: New administrative rules being phased in. With the new tax year already upon us, clients could be forgiven for thinking that all they need concern themselves with are the plethora of new fiscal rules about to impact on their businesses. However, further perhaps overlooked changes are about to be made to insolvency law…

Making Tax Digital: Seminar Invite. Attend a free seminar at our Ely office on 11 April 2017 at 8:30am, to understand the new digitised book keeping and quarterly submission requirements of Making Tax Digital: Full Invite Details and RSVP Return Slip Blog entry by: Amanda Newman.  

HMRC: Finally release new Employment Status tool. The new public sector IR35 assessment rules come into effect on 6 April 2017 and contractors have been concerned that they are unable to confirm their IR35 status. HMRC has now released its long awaited online Employment Status Tool. The tool is available to contractors, engagers and agencies…

Making Tax Digital: or Making Tax Difficult? Our MTD team look at a general update on MTD, Landlords, Timelines and Deadlines, Third Party Data, Bridging the Digital Gap, Unincorporated Businesses and ‘are you ready?’: Full Newsletter Blog entry by: Catherine Hubbard.

MTD: Merging with VAT returns. As part of Making Tax Digital for Business, those unincorporated businesses who are also VAT registered will have to submit their VAT data through a digital software package from April 2019, rather than by using HMRC’s online portal. This will hit those businesses who do not currently use an accounting…

Anglia LEP: Offering £1/2m grants towards business expansion. The New Anglia Local Enterprise Partnership is calling for local businesses wanting to grow and create new jobs to apply for grants up to £500,000 through the Growing Business Fund. Businesses across Norfolk and Suffolk may apply for a grant of up to 20% of the total cost…