Spearmans has the technical capability to provide industry specific services to its clients. All accountants in Spearmans are kept abreast of developments in different sectors on a regular basis. There is a specialist with responsibility for delivering technical knowledge and firm capability in each sector. IT Consultants Charities/Churches Solicitors Entertainment and Sports High Net Worth Individuals Doctors/Dentists/Pharmacists Retailers and Restaurants Financial Consultants
In recent years there has been major growth in the commercial environment for consultants with specific expertise in different areas of IT. As a result, government has developed legislation affecting such individuals including IR 35.
We have in-house expertise on the taxation treatment of IR35 matters. Furthermore, we support our clients in maximising their profits, reducing their tax liabilities and taking advantage of concessions.
We provide a full range of services to consultants who want to work and avoid the administrative efforts. For a nominal retainer, we offer a one-stop-shop for book keeping, invoicing, VAT returns and best practice tax treatment and accounts preparation services.
Our in house team of advisers who specialise in providing advice for charity and non-profit organisations possess specific knowledge in the reporting requirements, accounting treatment and taxation of the sector.
This sector comprises of Churches, Clubs, Associations and Schools. Our comprehensive service includes:- Compliance with the Charities Act Registration of Charity Annual returns Advice on Duties and Responsibilities of Trustees Advice on Risk Management Specialised Charity Accounts Preparation Ministers of Religion Tax Returns Charity Commission Enquires Gift aid Registration and Claiming Tax Refunds Processing
Our in house team of advisers who specialise in providing advice for solicitors possess specific knowledge in the reporting requirements, accounting treatment and taxation of the sector.
Ranging from sole traders to multi-partner firms our comprehensive service includes:- Solicitors Accounts Rules Returns (SAR) Accurate Data Capture Keeping Proper Accounting Records Practice Management Software Evaluation Partners Tax Returns Individual Partners Tax Returns
Our in-house team of advisers who specialise in the entertainment, media and sports sectors possess specific knowledge in the reporting requirements, accounting treatment, taxation and international rules of the sector.
Those involved in this sector include Musicians/Actors/Record Companies/Athletes Sports Management Companies Entertainment Companies/TV Production/Producers Our comprehensive advice service includes: Production Cost Audits/Production Budget Preparation Structuring the tax affairs for individuals resident abroad Structuring the Exploitation of Film Rights Advice on Promotion Service Agreements Royalty Audits and Computations Incorporation of Bands Tour Accounting Artist Representation
High Net Worth Individuals
We are orgamised to oversee the UK affairs of high net worth individuals especially those resident abroad. We represent such clients at meetings and seminars and assist them in all local contractual and obligation based dealings.
We also offer the following services: Offshore jurisdiction advice and company formation Bank account opening assistance Inheritance Tax planning Capital Gains Tax Planning Ship and Aircraft Acquisition Financing Advice Property Purchase and Management Assistance