Springfords LLP News

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Lunch With An Old Bag

21 Oct 2016
As regular readers will know, Springfords are very proud to support The Prince’s Trust Scotland, through our sponsorship of Lunch with an Old Bag. This year's dazzling proceedings, at Edinburgh's prestigious Prestonfield House, celebrated the 40th Anniversary of The Prince’s Trust, and raised a record-breaking £759,000. Yes, you read that right - £759,000! Our Tax Partner, Fiona Donaldson, who chairs the LWOB Committee, tells us that she’s still gobsmacked! LWOB simply wouldn’t ...(more)

Wedding Bells for Findlay

21 Oct 2016
On the 3rd of September 2016 Findlay Paul, Chartered Accountant and Associate at Springfords LLP, married Dr Sarah Scobie at Kinnaird House in Larbert, a listed building saved by his Grandfather in the 1970s. Heavy rain was forecast that afternoon however it was a bright day. Homemade white and blue bunting adorned the tree-lined approach and the venue itself was adorned by numerous crafts and personal touches; jars decorated with ...(more)

The Great Escape

20 Oct 2016
For this year's Springfords Outing, we decided to try out the latest craxe for "Escape" games. Escape Edinburgh, in St Colme's Street was our chosen venue mainly because, with 3 separate rooms, they could accommodate our numbers, six teams in two seasons.  The themed rooms are intriguingly called: The Da Vinci Room The Darker Side of Edinburgh The Taken Room Teams are locked up in the room and are given exactly 60 minutes to get ...(more)

Poorhouse People

20 Oct 2016
Our article in the November 2015 eNewsletter about Westfield Park's "Poorhouse Past" was inspired by The Lothians Family History Society who have kindly provided us with more details on the lives of two of the female inmates who lived in our building not so long ago, which we thought we would share with you: Margaret Baxter 1861 - 1890 Margaret was the fifth child of seven children and was born at Niddrie ...(more)

Cycle to Work

20 Oct 2016
Working long hours can impact on your exercise regime, so cycling to work is worth investigation.  The Government will even assist by offering you a tax sweetner, saving up to 42% on the cost of a commuter bike. The Scheme The employer initially purchases the bike on an employee's behalf before lending it to the staff member under a hire agreement.  Monthly repayments are deducted directly from the employee's salary under a ...(more)

Payroll Update

20 Oct 2016
We thought it would be useful to highlight some current payroll issues which you should be aware of. First off, is that from 1 October 2016, the National Minimum Wage and National Living Wage rates increases kicked in: Year                    25 and over      21 to 24      18 to 20       Under 18      Apprentice From:  1 Oct 16         £7.20             £6.95          £5.55              £4.00             £3.40 Up To: 1 Oct 16         £7.20             £6.70          £5.30              £3.87             £3.30 In future, there will be no further October review as the government have ...(more)

Protecting Your Business Online

27 Jul 2016
Businesses across Scotland are experiencing a new kind of threat to their finances, a threat that causes them to transfer large sums of money directly into the criminal’s bank account.  Social Engineering is the latest and most sophisticated cybercrime to date, designed to specifically target your business finances.” This year alone has seen a marked increase in the number of online attacks focusing on local businesses. The days of receiving a ...(more)

Client Service Profile - Direct Healthcare Services

22 Jul 2016
Direct Healthcare Services is a specialist British manufacturer of pressure area care solutions with a comprehensive portfolio of innovative, award-winning products including mattresses, cushions and overlays. Springfords were recently involved assisting our client, the Management Team of the company, to complete a Private Equity (PE) backed Management Buy-Out (MBO) transaction with NorthEdge Capital. The deal took 10 weeks to complete from start to finish and was valued at £15m. We were ...(more)

New Start

15 Jul 2016
Gillian Black Gillian joined Springfords in April 2016 and immediately fitted in as she was well known to us before starting, having worked with several members of our corporation tax team in previous positions she has held! Gillian has worked in practice for over 20 years and is a member of the Association of Taxation Technicians. She trained at one of the big four accountancy firms and subsequently worked at small ...(more)

Catching Up With The Kids

15 Jul 2016
You may remember our recent articles on Olivia Lochhead (daughter of Dave, our Corporate Tax Manager - Autumn 2015 edition) and Alex Jones (daughter of Kerrie from our Tax Team - Winter 2016 edition).  Well.... both of them have returned to Scotland, Olivia was representing the UK at the American Quarter Horse Youth World Cup in Australia and Alex was in Swaziland with World Challenge and here's what they had ...(more)

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