Why choose FSPG?
At FSPG, our committed and experienced team of accountancy specialists help individuals and businesses of any size to meet and exceed their objectives. Based in Central London, FSPG tailors their services for every client, to ensure your financial requirements are met in a personable and agreeable fashion.
FSPG Chartered Accountants are regulated by the ICAEW to provide statutory audit services to our clients. Our in-house team, overseen by David Tropp, Anthony Cohen and Jason Samuels, has significant expertise in the increasing number of specialisms associated with a modern audit and will ensure minimum disruption to a business whilst we undertake the audit function. To ensure an efficient and smooth-running audit process, we focus on understanding and analysing the risks associated with your business and tailoring our planning to your needs. Our audit service is driven by our partners and upheld by our dedicated audit team. In addition, we have the ability to provide audit services for; FCA regulated companies (Financial advisers, Insurance Brokers and Wealth Managers) SRA regulated businesses (Solicitors) as well as pension schemes, charities and service charge companies.
We have an experienced accounts preparation department who are responsible for preparing accounts for Limited Companies, Sole Traders, Limited Liability Partnerships and Public Limited Companies. We pride ourselves in using these accounts to help you make informed, reliable and productive decisions in order that your business achieves its full potential.
Business services and management accounting
Our business services department is one of the fastest growing divisions of our practice. Whether it is the preparation of VAT returns or management accounts that are required, we always adopt a flexible and proactive approach in order to enhance the businesses that we look after. We offer Xero training to financial controllers and bookkeepers to help make the switch from spreadsheets as seamless as possible and to reduce the unnecessary financial admin associated with running a business. We offer Xero training to financial controllers and bookkeepers to help make the switch from spreadsheets as seamless as possible and to reduce the unnecessary financial admin associated with running a business.
Our experienced payroll department looks after many of our clients’ payroll requirements and acts as an external business aid. We know that payroll can often be a large and exhaustive task, made all the more difficult by the growing complexity of taxation, employment legislation and penalties for non-compliance. Our team of payroll experts will ensure that your needs are met easily and quickly. Services provided include; PAYE registration, overseeing payments to both employees and HMRC, complying with maternity, sickness and salary sacrifice schemes and end of year returns such as P60.
Company formations, annual compliance and statutory advice is provided through our associated company Harley Street Registrars Limited. Harley Street Registrars Limited was formed in 1988 and has since grown to provide company secretarial services to a significant number of corporate clients. These clients range from small single member companies to PLC’s and to owners who have significant interests in a large number of companies.
Cash flow forecasting, business plans and company reorganisations
We have an experienced payroll department, which looks after many of our clients’ requirements and acts as an external aid to their businesses. We know that payroll can often be a large and exhaustive task, made all the more difficult by the growing complexity of taxation, employment legislation and penalties for non-compliance. Our team of payroll experts will ensure that your needs are met easily and quickly.
As one of our clients, you will have access to the years of experience and knowledge of all our staff. Included within this, is a network of professional partners including; insolvency specialists, financial advisors, mortgage brokers, surveyors, banks, solicitors, barristers, business angels, marketing gurus and recruitment consultants. We are happy to introduce these advisors to any of our clients should the need arise.
Financial services are now strictly regulated and providing independent financial advice requires specialist knowledge. We have close contact with many such people to ensure you receive the advice you need, covering areas such as pensions, school fees planning and medical care, along with emerging new concepts. We will help you every step of the way in the investment process to ensure that you maximize the benefits and reduce the risks.
If you are unsure on your next move , or you are you just looking for a trustworthy individual with a strong commercial background and years of business experience to have an informal chat with, let us provide you with the comprehensive advice that you are looking for.
VAT returns and Making Tax Digital (MTD)
Our advisers have many years’ experience advising businesses how to address VAT, from the commencement of operations as well as creatively resolving the inevitable issues that arise from time-to-time. We also provide assistance with compliance and can prepare and submit a variety of VAT, ESL (EC or EU Sales List) returns along with other VAT claims on your behalf. Making Tax Digital (MTD) is the long-term project to modernise the UK tax system and to bring tax compliance fully into the digital age. The goal is for all regular transmissions of data between taxpayers and HMRC to be performed digitally, and where possible automatically, through accounting software. VAT-registered businesses with ‘VATable’ turnover above the registration threshold (currently £85,000 until 31 March 2020) for the last year will need to comply with the MTD for VAT rules. VAT-registered businesses with turnover under the VAT registration threshold will be automatically exempt from MTD.
In a period of more thorough investigation and stricter penalties being imposed by HMRC, keeping up to date with your companies reporting obligations is no easy feat. Our team is committed to structuring your business in the most tax effective way, taking full advantage of available tax reliefs, making you aware of industry specific tax opportunities and complying with all your corporate taxation demands. We have a diverse team of tax professionals who have many years of experience in dealing with a wide range of personal tax matters, including but not limited to; identifying and claiming allowances and reliefs to ensure you legally exploit tax savings, advising on Capital Gains Tax issues, dealing with tax affairs surrounding divorce and communicating with HMRC on your behalf. No matter how careful you are with your tax affairs, there is nothing to HMRC from randomly selecting your business for an enquiry. Our Tax Investigation Service can provide peace of mind that in the event of an enquiry you will receive expert representation without a shocking cost.
Real Estate: From large property portfolios to buy-to-let landlords our specialist team can advise on all your property tax advice needs. We can assist with; residential and commercial properties, property VAT planning and advice, splitting companies with both trading and investment activities and all manner of property tax advisory, planning and consultancy work.
International: We have an experienced team capable of handling all your international taxation needs. Tax structuring for international groups, property ownership inside and outside the UK, non-domicile tax advice and consultancy, double taxation agreements and handling UK subsidiaries of overseas companies are just some of the areas in which we are able to provide comprehensive advice.
Succession and IHT: An important, often overlooked, part of a family business is succession planning. We offer high-quality guidance to mitigate the payment of capital taxes on death or on the sale of a business. Whilst these decisions can be some of the most difficult you will have to make; we are here to provide constructive advice in order to protect the long-term future of your business.