Contact Easy Accountancy
Quote Me
Speedy Tax Returns from Easy Accountancy

Brexit round-up: ’triple jeopardy’ for UK farmers

Here’s a round-up of the top brexit-related stories this week.

Committee warns of impact on UK farmers

The Environmental Audit Committee (EAC) has warned that UK farmers face a potential ‘triple jeopardy’ when the UK leaves the EU:

  • leaving the Common Agricultural Policy (which makes up 50-60% of some farm incomes) could make some farms unviable
  • new trade relations could mean the loss of tariffs and subsidies 
  • new trade relations could lead to increased competition which could damage UK agricultural business.

Mary Creagh, chair of the EAC, said:

“UK farming faces significant risks – from a loss of subsidies and tariffs on farm exports to increased competition from countries with weaker food, animal welfare and environmental standards. The government must not trade away these key protections as we leave the EU.” 

Service sector grows

Growth in the services sector continued in December 2016, according to the Markit/CIPS quarterly survey.

The growth represents a 17 month high for the service industry with new business increasing at its fastest rate since July 2015.

Chris Williamson, chief business economist at IHS Markit, said:

“At face value, this improvement suggests that the next move by the Bank of England is more likely to be a rate hike than a cut, but policymakers are clearly concerned about the extent to which Brexit-related uncertainty could slow growth this year.” 

Housing demand increases

Housing revenues and average selling prices rose as demand continues to increase following the EU referendum.

The housebuilder Persimmon reports that private sales in the second half of 2016 were up 15% from a year ago.

As a year whole, 15,171 home sales were completed, while revenues rose by 8% to £3.14 billion.

Ian Forrest, investment research analyst at The Share Centre, said:

“While there has been a limited affect from Brexit so far the longer term risk to the UK economy created by the UK’s decision to exit the European Union remains so we continue to regard the shares as higher risk.”

Contact us today about how Brexit could affect you and your business.

Why Clients Choose Easy Accountancy

Easy Accountancy offers a low cost, fixed fee accountancy package with all clients receiving their own dedicated, friendly, approachable accountant.

All of our accountants specialise in providing accountancy services to the self-employed, freelancers, sole traders, small to medium sized limited companies and private individuals. All accountants are employees of Easy Accountancy and we never outsource or offshore work.

Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own dedicated accountant throughout the year and covers all your business and personal tax affairs needs.

All our accountancy services include:
  - Unlimited access to your accountant
  - Ongoing advice on how to manage your business
  - Proactive tax advice throughout the year
  - Updates and reminders so you'll never miss a deadline
  - Free bookkeeping software

As a sole trader our fees start at just £60 + VAT a month, for this you receive the above plus:
  - Completion of your Self-Assessment tax return
  - Advice on how much Income Tax to pay
  - Guidance on National Insurance contributions

As a limited company our fixed fee packages are bespoke to your needs, however typically you’ll receive the above, plus:
  - Completion of your year end accounts*
  - Completion and submission of your annual return Companies House
  - The director/s Self Assessment tax return
  - Payroll bureau
  - Dividends and corporation tax computations

We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 01442 275767 or email

*If you would like us to complete your company year end accounts we simply ask that you have been a client of Easy Accountancy for one year or have made 12 monthly payments.