Entertainment, production and creative industries

For over 30 years, FSPG has been at the forefront of issues relevant to all sorts of individuals and business operating in the creative industries. We are perfectly placed to be able to provide the advice and assistance you require to ensure you comply with the various UK laws and tax requirements. Our advisory team consists not only of accountants, but also has a number of specialist tax advisers.

We also provide advice on the following:

• Accounts preparation
• Cash flow management
• Self assessment tax
• Fee Protection Insurance
• PAYE advice
• Rental Property income advice
• Employment status issues
• International tax
• Non Domicile tax status

Start-ups

Many entrepreneurs have fantastic business ideas but starting a new business can be daunting. Our partners and staff regularly provide assistance to entrepreneurs and new business start-ups. This could include:

• An analysis of your new business idea.
• Reviewing/preparing a business plan, cash flow and profit and loss forecasts.
• Advice regarding a business structure and efficient tax planning
• Review of finance requirements
• Assisting with setting up bookkeeping, payroll and VAT systems and generally helping to cut through all of the red tape.

Owner managed businesses

As an independent firm that has been operating for over 75 years, we understand what is important to owner-managed businesses. Like the relationships that we build with our clients, our financial and tax plans have been designed to give the best long-term results. Our holistic approach allows us to consider all aspects of our clients’ financial affairs. In addition to the preparation of company accounts and self-assessment tax returns, our advice also covers:

• Husband and wife planning
• Children’s income and gains
• Residences
• Income and capital taxes planning
• Settlements legislation
• IHT mitigation including will and trusts
• Succession and IHT planning

Charities and schools

The requirements that are imposed on charities can be challenging, but our charity experts have the experience, expertise and resources to understand the complex and regulated accounting needs within this sector. We appreciate how important it is that a charity appoints an auditor with the relevant expertise at an affordable rate. We are proud of the ongoing success of our charity clients and we are glad to provide our support so that they may achieve their goals.

Our specialist services to the charity sector include:

• Charity Accounts and Audits
• Charity Commission Reports
• Advice on trustees' annual report
• Risk management
• Reserves policy and accounting for separate funds
• Internal control procedures
• Annual returns
• Gift aid
• Cash flow management
• Profit improvement

Financial services and legal professionals

Whatever financial project you are embarking on, FSPG has the expertise and experience, together with established financial relationships, to help you realise your vision.

With timely delivery of interim and year-end financial statements and tax reporting often paramount, our experience coupled with our attentive client service makes us the right choice for our clients.

At FSPG, we understand the issues facing professional practices such as solicitors, architects and surveyors and pride ourselves on being able to work closely with our fellow professionals to ensure the best results for our clients.

Our expert term can provide specific advice on:

• Solicitors accounts rules (SAR) assurance engagements
• Partnership accounts and tax returns
• Limited liability partnership (LLP) accounts and tax returns
• Partners tax planning
• New rules on mixed membership partnerships
• Acquisitions
• Succession planning
• Forensic accountancy