Websters Cambridge Ltd
10 Wellington Street, Cambridge, CB1 1HW
Websters are Cambridge-based tax specialists, who provide UK and international personal and corporate compliance and advisory services, as well as legal and financial planning, to a wide range of clients.
The company was set up in 1990 by Andrew Webster – a former senior tax inspector, operating on his own from home and specialising in providing one-off advisory services with a particular emphasis on helping businesses being investigated by the HMRC.
The company prides itself on having the team in place to deal with any complexity of tax issue, or the day-to-day annual compliance work of preparing accounts and tax returns. Their team includes Chartered Accountants, Chartered Tax Advisors, IRS Enrolled Agents, a Solicitor, and an Independent Financial Advisor. Such a high calibre team, has enabled Websters to grow substantially, attract the best talent available, and enable them to develop satellite locations in Snettisham (Norfolk) and Sydney (Australia).
But of course, the beauty of being in Cambridge is the vast array of interesting clients and highly technical tax affairs that engage the team and constantly keep them at the cutting edge of ever-evolving tax legislation. From Nobel Prize winning academics and tech start-ups to entrepreneurs and the entertainments industry – Websters have enjoyed dealing with many complex situations, which helps them to appreciate the compliance side that tax and accountancy entails. Cambridge historically has strong ties with the US, and this was the driving force in developing a US side of their international tax team.
In 2018 the decision was made that the future of the business would be as an Employee Owned business – the so-called “John Lewis model” – so an Employee Trust was created, owning a share of the business. Over time, this Trust will increase its ownership until it owns the majority of shares, providing long-term, stable ownership and giving each employee a voice in how the business is run.