Latest blogs for Services

Solicitors: New rules for handling client money. The consultation period has now closed on the proposed new rules for how solicitors handle their client money: Proposed Draft Solicitors Accounts Rules

Making Tax Digital: Prepare or man the barricades! HM Revenue & Customs have just published their second webinar on their Making Tax Digital (MTD) project, including a plethora of questions and answers. While the tone was very touchy-feely, as the presenters talked about the HMRC’s “customers”, the underlying iron fist could clearly be sensed: Yes,…

HMRC Personal Tax Account: Now able to obtain state pension forecast. HMRC’s Personal tax account has been in operation for 10 months now, and over 3.5 million users have registered to date. The account will be at the heart of the forthcoming ‘Making Tax Digital’ changes, and is currently in Public Beta testing. Whilst further…

Pensions Automatic Enrolment: + 3 years = re-enrolment. Although some clients are still only just staging for pensions auto-enrolment, with many still to stage, auto-enrolment has been in place for larger employers since October 2012. This means that most employers are due, or have already had to go, through re-enrolment. Re-enrolment is something that all…

Ely Business Awards 2016: Whitings judge and present top award. Congratulations go to Soopa Doopa Branding Limited, well deserved overall winners of the 2016 Ely Business of the year awards. Full list of finalists and winners Photos from the awards ceremony in Ely Cathedral The firm judges, sponsors and presents the top (winner of winners)…

Making Tax Digital: 6 tax returns required each year! HMRC’s 6 Making Tax Digital consultation documents have been open for review and comment for several weeks now. As time has passed, it has become ever more apparent that there are enormous changes ahead for all taxpayers affected; initially the self-employed and landlords. Further review of the documents…

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.

Whitings Expand into St. Ives and Chatteris Paul Hill (left) congratulating Mark Haydon Following a merger with St Ives and Chatteris based Paul A Hill & Co, the company has moved into Compass Point Business Park which, it says, will allow for greater presence in the town. Mark Haydon, managing partner of Whiting & Partners, said:…

MBO: Self-funding £1m deal allows owners to retire. We have successfully advised the business owners of an engineering firm on its £1m buy out by the existing management team. Our team were initially approached by the business owners for exit planning advice. The owners had successfully built up an engineering business over 20 years and…

Making Tax Digital: Are you prepared? As HMRC further consults over their 4 year plan to digitise the tax system, our Tax Group briefs clients on some of the issues: Autumn 2016 Update