Dyke Yaxley H&D 12
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DYKE YAXLEY NEWS Issue 19 Tax Planning and breakfast on the menu Be prepared - Auto-Enrolment is here to stay Charity is the winner at Cricket Dinner Dyke Yaxley News YEAR OF CHANGE NEW OFFICE SPECIALIST FOR EVERYONE FOR US TEAM NETWORKING PAYS WELCOME TO THE LATEST EDITION OF DYKE YAXLEY NEWS – IT’S ANOTHER ISSUE PACKED OFF FULL OF ALL THE LATEST DEVELOPMENTS DYKE YAXLEY’S SPECIALIST KNOWLEDGE IS IN THE WORLD OF BUSINESS AND ALL THE MAKING A REAL DIFFERENCE TO LOCAL DYKE YAXLEY’S US OFFICE BASED IN HAPPENINGS HERE AT DYKE YAXLEY. BUSINESSES THANKS TO OUR MEMBERSHIP CLEVELAND, OHIO HAS MOVED TO NEW OF A PROFESSIONAL NETWORK. WE ARE THE PREMISES TO MEET THE GROWING NEEDS OF ITS EXPANDING CLIENT BASE OF UK AND US ONLY LOCALLY-BASED PRACTICE TO BE PART BUSINESSES TRADING BOTH SIDES OF THE OF THE CORPORATE FINANCE NETWORK. ATLANTIC. And as part of the exclusive organisation, we have access to the most complete and practical We launched the US arm of our business four business advice available in the UK, so our team is years ago under the direction of Shropshire perfectly placed to help SMEs flourish. man Rob Whittall. Rob identified a need to provide specialised tax and accountancy Director, Mark Bramall, said: “Our membership of services to companies and individuals the network has led to an increase in both the with trans-Atlantic interests. His UK and US volume and value of the deals we’ve done, and accountancy qualifications and experience it’s been a great chance for us to work with a LAURIE RILEY, MANAGING DIRECTOR opened up a niche opportunity for Dyke whole range of companies. And what an exciting time it is for everyone Yaxley. “The CFN specialises in raising finance for involved in business across the UK. businesses, and offering advice on buying or Since our last newsletter there’s been a selling companies, so as members we are able to change of Government which of course use our expertise to help local business brings with it a new approach to the owners secure the right deal for them.” economy and trade and industry as a whole. As part of our CFN membership, Dyke Yaxley is CLEVELAND We’re all enjoying the welcome up-turn in the also an accredited member of the Association of OHIO economy and it seems the recession is now well Crowdfunding Experts – a sister association of and truly behind us, which can only be good the main network. news for us all. “This Association provides training, technical We’ve been out and about filming our clients updates, news and sector developments in for our new corporate video – take a look at marketing resources to advisers, brokers, and it on our website, www.dykeyaxley.co.uk. anyone working in the crowdfunding arena. We’ve also been snapping our clients for our With 25 years of professional experience, “The new organisation has been created as the marketing and advertising campaign. Please let Rob specialises in inbound and outbound CFN believes the time has come to offer us know if you would like to be featured in our international tax issues for closely-held specialised advice in this growing market area, in next photo-shoot. businesses and individuals. He splits his time helping companies to complete more deals of a between the firm’s offices in Cleveland, Ohio We’ll introduce you to some new faces, as well higher quality and ever-increasing values,” said in the US and Shrewsbury. Members of his as some familiar ones and at the other end of Mark. US-based team also spend time throughout the spectrum we’ve been honouring some of the year in the UK to enable them to better Kirsty McGregor, Chairman of The Corporate our longest serving employees, some of whom understand the intricacies specific to Finance Network, and founder of the new have been with us ever since they left school. conducting business on both sides of the Association, said: “CFN has always been at the Inside this edition, you’ll also find out more Atlantic. forefront of new developments and have been about how we’re doing business in the USA, promoting and educating our members about and how our director Rob Whittall is making his Rob trained with Dyke Yaxley in Shrewsbury crowdfunding since it first appeared on the UK mark on the American business scene. before joining ‘big four’ accountancy firm business finance scene many years ago. KPMG and later a top regional accounting Look out too for our ‘all you need to know’ firm in the US. “Our firms have been working tremendously guide on pensions Auto Enrolment, helping hard to find solutions for clients who are employers prepare for the new regulations. Our Speaking about the new office, Rob said: “Due seeking to borrow funds, or complete a new Payroll Manager, Rich Morris, is here to to an expanding client base and successful corporate buy or sell transaction. help you with any questions or advice you may trading, we have made the decision to move need. to larger premises which has given us “Thanks to the specialist nature of our the opportunity to offer more services to network, we are able to concentrate on We’ve been busy raising funds for charity as our clients.This move firmly cements our continually identifying alternative lending ever, so keep an eye out for the wide and varied commitment and presence in the US.” sources and sharing those with our member activities we’ve been up to, and the lengths our firms, so that they can offer the latest staff have pushed themselves to in order to “Accountancy requirements and regulations market-leading advice.” bring in the cash. in both countries differ greatly and often create a real headache for businesses and We’d love to hear from you with any issues and individuals. We really can offer a unique topics you’d like us to tackle in future editions, perspective and help unravel complex issues so please get in touch. which allow businesses to concentrate on running their businesses, and individuals to Kind Regards sleep at night.” 2 Dyke Yaxley News RHIAN NOMINATED FOR YOUNG PROFESSIONALS AWARD CONGRATULATIONS GO TO DYKE YAXLEY HIGH-FLYER, RHIAN HARDING, WHO WAS SHORTLISTED FOR A TOP AWARD AT THE TELFORD YOUNG PROFESSIONALS FIRST GALA BALL AND AWARDS EVENING HELD AT THE PARK INN, TELFORD. Although she didn’t take the top spot in the Professional Achievement Award category, Rhian received a special commendation from judges for her hard work, both in and out of the office, over the last year. She recently passed her final exams and became an ACA qualified Chartered Accountant and excelled during her studies, achieving the highest exam results in the district and scooping a national award for her success. In addition, she was also recently nominated for the BASE Mentor of the Year award for her work in mentoring local students aged 16-19 years old, where she assisted them in developing key employability skills and helped them understand what it’s like to be an ICAEW Chartered Accountant. See full details on Page 8. RHIAN PICTURED (FOURTH LEFT) WITH DYKE YAXLEY COLLEAGUES AT THE YOUNG PROFESSIONALS DINNER SAY HELLO, WAVE GOODBYE! WE HAVE SADLY SAID GOODBYE TO A WELL-KNOWN DYKE YAXLEY STALWART AFTER 25 YEARS’ SERVICE – BUT HIS REPLACEMENT IS ALREADY A FAMILIAR FACE. Chris Dorricott worked for Dyke Yaxley since leaving school in 1989, and spent the past 13 years as Manager of our high-profile Payroll Department. But now he’s moved to Hong Kong with his family, to teach English as a foreign language in a local primary school. “I’m very sad to be leaving Dyke Yaxley as it’s been such a big part of my life, and I’ve made many great friends here. But my wife, Maple, is from Hong Kong, and so we’ve decided to start a new chapter over there with our young children.” Managing Director, Laurie Riley, said: “Chris has such a friendly and outgoing personality, and he’s always been very passionate about his work, going the extra mile to deliver excellent service. He will definitely be missed by everyone here at Dyke Yaxley.” KAREN HAYNES, RICH MORRIS (PAYROLL MANAGER), LAUREN GORMAN, GEORGE POWIS AND TRACEY YOUNG Stepping into Chris’ shoes is Rich Morris, who is already a familiar face having worked for “I’m very proud to be taking on the role of “It’s an incredibly busy area of the business, Dyke Yaxley for the past 14 years. Payroll Department Manager and I’m looking and we’re constantly working hard to make forward to the challenge of leading the team sure we continuously develop our skills Rich specialises in a wide range of areas into the future,” said Rich. “My aim will be to and knowledge to keep up with the including all aspects of payroll processing and ever-changing rules and regulations. This is a ensure our clients always receive first class great opportunity for me to step up and lead legislation, filing end of year returns, auto service and that their employees and other my colleagues, and to enhance the already enrolment, HMRC compliance, and providing organisations are paid accurately and on time, strong reputation of our department right Sage payroll training for clients and staff. every time. across the local area and beyond.” 3 Dyke Yaxley News TAX PLANNING & BREAKFAST ON THE MENU FOR SHROPSHIRE SOLICITORS TONY ELLIOTT AND PAM MASON FROM OUR TAX PLANNING TEAM.