Latest News

Alternative Recruitment Agency

Are you looking for an alternative recruitment agency?

8th May 2018

Are you looking for an alternative recruitment agency? Phebys Accountants was recently lucky enough to work with Strolling Wood, an alternative recruitment agency with a fresh new way of handling the recruitment process. How does it work? Strollingwood filters down candidates and then invites those shortlisted to record a brief video, answering any questions that…

Making Tax Digital

Is Your Accountant Prepared for Making Tax Digital?

30th April 2018

A recent survey by cloud accounting software provider Xero, with whom Phebys Accountants is partnered, has shown that as many as 25% of accountants remain unaware of the impending Making Tax Digital (MTD) deadlines. At Phebys Accountants, we’ve taken it upon ourselves to explain just what MTD is and how businesses can ensure compliance ahead…

Accountants in Kent

Phebys Accountants Opens New Office in Kent

16th April 2018

Phebys Accountants has just opened a new office in Maidstone, Kent It is with great pleasure that Phebys Accountants is able to announce the opening of its new offices in Maidstone, Kent. Despite being originally based in Cambridgeshire, Phebys Accountants has gained a substantial client base in Kent over the years. To this end, we…

R&D Tax Credits

Has Your Accountant Told You About R&D Tax Credits?

28th March 2018

What are R&D tax credits? R&D tax credits appear to be one of the most untapped tax-saving tricks around. R&D stands for “research and development”, and generally encompasses any investment into the development of new products, processes, services or technologies; or the enhancement of existing ones. In 2000, the government introduced a tax relief scheme…

Accountants in Huntingdon

An Accountant’s Breakdown of the Spring Statement

15th March 2018

The Spring Statement: An Accountant’s Perspective It seems like just yesterday that we wrote our Accountant’s Breakdown of the Autumn Budget and, yet, here we are again. The Chancellor, Phillip Hammond, delivered his first Spring Statement this week. A lot was covered, and to some people these announcements can seem confusing and it’s hard to…

Accountants in Huntingdon

Phebys Accountants is Throwing a Summer BBQ at its Huntingdon Office!

6th March 2018

Phebys Accountants Throws Summer BBQ at Huntingdon Office Phebys Accountants is pleased to invite you all to an exciting Summer barbecue at its Huntingdon office! The barbecue will take place outside our Woolley Office at 4pm on 21st June 2018. Absolutely anyone who wishes to attend is more than welcome to. Plus, it’s totally free!…

Minimum wage errors

Common Minimum Wage Errors

21st February 2018

It’s not uncommon, for a number of reasons, for minimum wage to be miscalculated, which leads to firms underpaying their employees. This is, of course, something that they can be severely reprimanded for. To some extent, payroll software such as Xero can smooth out the kinks, but some level of human oversight, maybe from an…

HMRC Increases Penalties for Tax Errors

22nd January 2018

What’s happened? It has come to accountants’ attention that HMRC has, somewhat sneakily, changed the way that penalties for tax errors are calculated, and subsequently charged, in the instance that a taxpayer makes an error in his/her tax return, or fails to notify HMRC of a tax liability. The penalty regime An error made in…

HMRC support

New HMRC Support for Medium-Sized Companies

11th January 2018

New HMRC Support for Medium-Sized Companies HMRC has announced that it is extended the support it offers to medium-sized enterprises. “Medium-sized” refers, in this instance, to business with an annual turnover of £10 million or more, or with at least 20 employees. It is worth noting that a business need only meet with one of…

credit card

HMRC asks accountants to remind clients of credit card payment termination

10th January 2018

HMRC has urged accountants, both in Cambridgeshire and nationwide, to remind their clients that, as of 13th January 2018, it will no longer be possible to settle a self-assessment bill with a personal credit card. This comes as a response to the impending government ban on credit/debit card surcharges which is, in turn, a reaction…

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