Livesey Spottiswood Limited

Many taxpayers struggle to understand the complex tax returns and complete them correctly. Furthermore, ongoing changes to tax legislation mean that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.

We aim to ease the stress often caused by self assessment and help you avoid costly mistakes, by offering a comprehensive self assessment service.

We can relieve you of the self assessment burden and save you time, worry, and money by handling this process for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

We can deal directly with HM Revenue & Customs on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings.

We deal with the routine matters of business tax, PAYE, National Insurance and VAT.

Our services will help to minimise your corporate tax exposure and relieve you of the administrative burden. These include:

Determining the most tax effective structure for your business
Taking full advantage of tax opportunities and reliefs
Achieving the optimum capital or revenue tax treatment
Reducing tax on disposals and maximising relief on acquisitions
Making the most of tax opportunities specific to your industry
Meeting the rigorous demands of compliance including corporation tax self assessment
Acting on your behalf in discussions with the tax authorities

Efficient corporate tax planning can result in potentially significant improvements in your bottom line.

We can provide training to you or your staff - or we can relieve you of the time consuming process of administering payroll, allowing you to get on with what you do best - running your business.

Our comprehensive payroll service will alleviate this burden while ensuring your business complies with the relevant legislation.

Clients of this service can expect to receive:

Customised payslips
Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
Completion of statutory forms, including year end returns, to issue to your employees and submit to HM Revenue and Customs
Summaries and analyses of staff costs
Administration of incentive schemes, bonuses, and ex-gratia and termination payments
Administration of pension schemes

We can provide training to you or your staff on how to maintain records suitable for the size of your business and to comply with HM Revenue and Customs requirements.

We can also provide you with a simple accounting spreadsheet free of charge and provide initial training at no cost as our investment in your business to help you get started.

Or why not let us provide you with more time to concentrate on running your business, and peace of mind that your accounts and returns are in order by taking advantage of our book-keeping service. We have dedicated book-keeping staff who can relieve you of this burden for a reasonable monthly fee.

Our team can also prepare management accounts on a monthly or quarterly basis in order to provide up-to-date information regarding the performance of your business.

Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.

The widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of HM Revenue and Customs call for a trained professional eye to ensure that you do not fall foul of the regulations.

We provide an efficient cost effective VAT service, which includes:

Assistance with VAT registration
Advice on VAT planning and administration
Use of the most appropriate scheme
VAT control and reconciliation
Help with completing VAT returns
Negotiating with Customs and Excise in disputes

Starting up in business can be a daunting prospect, with budding entrepreneurs all too often left to fend for themselves.

We will help you to cut through the red-tape and support you at a crucial time in the life-cycle of your business.

Bring us your business ideas and we'll help you to evaluate them in a constructive and realistic manner. We can also help you:

Decide on the most suitable structure for your business - sole trader, partnership, or limited company
Prepare a business plan, cashflow projections, budgets, and trading forecasts
Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
Establish a good working relationship with your bank
Complete any registration procedures with Companies House and HM Revenue & Customs
Deal with company secretarial issues
Set up a recording system for your internal use and for complying with statutory requirements

As registered auditors, we can provide professional auditing services and financial analysis in an efficient and cost-effective manner.

As part of the process, we can also identify strengths and weaknesses in your business finances, and suggest strategies for improvement.

Our core auditing services include:

Statutory audits
Internal audits
Due diligence
Minimising fraud exposure
Specialist audits for charities and solicitors
Livesey Spottiswood is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and, www.cro.ie/auditors for Ireland, under reference number C009228457.