Springfords LLP News

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News - 2016

A helping hand for local children at Christmas

21 Nov 2016
Thousands of children in the Lothians, living in poverty will wake up to a Christmas without presents this year. That's why Forth 1 are supporting Mission Christmas again, asking you to buy just one extra present - a gift that will be given to a disadvantaged child to make their Christmas morning that little bit brighter.  They are looking for new and unwrapped gifts suitable for children and young people…(more)

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 Findlay's grandfather in the 1970s. Heavy rain was forecast that afternoon, however it was a bright day. Homemade white and blue bunting trimmed the tree-lined approach and the venue itself was adorned with numerous crafts and personal touches; jars decorated with lace,…(more)

Client Profile - FMS Fire and Security Ltd

20 Oct 2016
FMS Fire and Security Ltd, established in 1990, are one of the leading independent fire and security companies based in Central Scotland. FMS Fire and Security provide consultancy, design, installation, commissioning, training, maintenance and servicing of single, integrated and multi-discipline electronic fire and security systems.  These systems incorporate Fire Detection, Fire Extinguishing Systems, Intruder Alarms, Close Circuit Television, Voice Evacuation, Access Control and associated ironmongery and also includes installation and commissioning…(more)

The Great Escape

20 Oct 2016
For this year's Springfords Outing, we decided to try out the latest craze for "Escape" games. Essentially our staff were split into teams and locked up in themed rooms with names such as: The Da Vinci Room; andThe Darker Side of Edinburgh and given exactly 60 minutes to get out by solving many puzzles, riddles and brain teasers along the way.  Powers of observation are tested to the max and team work is…(more)

Poorhouse People

20 Oct 2016
Our article in the November 2015 eNewsletter about Westfield Park's (our head office) "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 inhabited our building for a while, which we thought we would share with you: Margaret Baxter 1861 - 1890 Margaret was the fifth 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 and then loans it to the staff member under a hire agreement.  Monthly rental payments are deducted directly from the employee's salary under a "salary sacrifice"…(more)

Payroll Update

20 Oct 2016
We thought it would be useful to highlight some current payroll issues which you should be aware of. The first thing to note 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 October review, as both…(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)

Baby Boom

15 Jul 2016
It's been a busy time for the stork at Springfords again this year and we are very happy to announce the safe arrival of:(more)

Runaway Success for Springfords

15 Jul 2016
Springfords staff have been pulling on their trainers and pounding the streets over the winter months to train (with a few notable exceptions, who shall remain nameless but you know who you are!) for various running events in Edinburgh. First up on 28 May were Jane Carmichael, our Office Manager and Kerrie Jones from our Tax Group (pictured below) who took on the Edinburgh Marathon 10k.  Our Financial Controller, Hazel Mackay went one…(more)

New Recruits

20 Apr 2016
  Laura Houston After graduating from Napier University with a BA (Hons) in Accounting and Finance , Laura began her training with a general practice firm in Edinburgh and worked there for over 12 years. She joined Springfords in January 2016, and specialises in preparing financial statements for sole traders, partnerships and small companies. Laura was a keen footballer and played at semi-professional level for Hibernian Ladies for many years and even…(more)

Companies House Changes

20 Apr 2016
Changes in Companies House requirements have recently come into effect, which are designed to increase transparency over control and ownership of UK companies.  To that end most companies and LLPs are now required to keep a new register of People with Significant Control (PSC) and from 30 June 2016 the information on this register must be returned to Companies House under the new Confirmation Statement. Register of People with Significant Control A…(more)

Outsourcing - The Benefits

20 Apr 2016
With advancements in technology over the past few years, efficient and economic outsourcing solutions are now possible for all businesses, large and small.  An outsourced team of accounting staff and payroll experts bring many benefits to you as a business owner, including: reduced HR burden access to a qualified skill base ability to track your business performance and finances keeps HMRC, your bank and Companies House happy Ensures your employees are paid on time and that all…(more)

Supporting the Entrepreneurs of the Future

20 Apr 2016
As you know, Springfords sponsor the Lothian branch of Young Enterprise Scotland and Carol Wright, our Business Group partner, spends time helping on a voluntary basis on the Board. The YES program encourages students (‘achievers’) aged 16 to 18 to set up and run their own company over the course of one academic year – as you know it’s not easy running a business!  Achievers need to do everything – from…(more)

Client Profile - The Union Advertising Agency Limited

19 Apr 2016
The Union is one of the UK’s leading regional advertising and marketing communications agencies, based in Edinburgh and Leeds, and has been in business, and a client of Springfords, for 20 years. The agency employs 95 staff and provides the full range of services to clients: advertising, direct marketing, design, brand consultancy, web design & build, online marketing, sales promotions, partnership and field marketing. This wide range of services is delivered through…(more)

Springfords Just Keep On Giving

18 Apr 2016
Springfords Employee Charity Committee rounded off another fun packed year of fundraising in 2015 with our annual kids Christmas party, which Connor Dymond, nephew of Kerrie Jones in our Tax Group, is clearly enjoying. Anything to do with food is always popular with Springfords staff so our soup rota and tuck shop continue to raise lots of money, as does our annual bake-off competition.  To try to burn some calories this…(more)

Sue's Highway One Classic

18 Apr 2016
Sue Bird, Associate in our Business Group, had a classic adventure earlier this month, driving and exploring the infamous Highway One, which takes in some of the California coast’s best known attractions. Setting out, Sue took a slight detour and headed North  to experience one of the highlights of her trip, a visit to Yosemite National Park where she was very lucky to witness the Yosemite Firefall (pictured here) in all…(more)

Prince's Trust Turns 40

25 Jan 2016
As many of our readers will know, Fiona Donaldson, our Private Client Tax Partner, is Chair of “Lunch with an Old Bag”, the fabulously glamorous annual fundraising lunch in aid of The Prince’s Trust, and also sits on the Prince’s Trust Scotland Advisory Council. In December, Fiona was thrilled to be invited to a fabulous Gala Dinner at Buckingham Palace, attended by HRHs The Prince of Wales and The Duchess of…(more)

HMRC (and other) email scams

21 Jan 2016
With the tax return deadline looming, it’s the time of year for scammers to send out fake emails, supposedly from HMRC, promising a tax refund. The emails will usually look genuine, complete with high quality HMRC logo, official sounding reference numbers and from an email address ending in ‘’ (although the language is often a bit odd – e.g. ‘your fiscal activity’).  They usually contain a link to a website asking…(more)

Client Profile - Lochrin Autos (Edinburgh) Ltd

20 Jan 2016
Founded by Michael Mortazavi in 1986, Lochrin Autos (Edinburgh) Ltd originally traded under the name of Lochrin Motors. In conjunction with significant expansion of the business in 1997, the company changed name on relocation to 19 Lochrin Place, Edinburgh. Throughout the years, the company has expanded from a small garageservices provider to a major and well known independent garage and MOT station within the Edinburgh and regional area. Despite growing from…(more)

Craig's Future Is Green

20 Jan 2016
Even as a young boy, Craig McBirnie, son of Susan McBirnie from our Business Group, was always to be found digging in the garden, picking up leaves and planting. So, when the opportunity came at the age of 16 for Craig to leave school, he jumped at the chance and the only job he wanted was to be a gardener. His Guidance Teacher at Ross High in Tranent arranged a meeting with a member from "TOiL" (Training Opportunities…(more)

Carol Smashes China!

20 Jan 2016
Carol Wright, one of our partners,  recently attended the Praxity Global Conference in China.  Carol says “It was a chance to meet partners from independent accountancy practices like ours from all over the world, who are part of the global alliance of which we are a small part, and also learn more about the opportunities for businesses in China!  There were some inspiring speakers too – people who have come through…(more)

Salary Sacrifice

14 Jan 2016
Have you ever thought about offering salary sacrifice schemes to your employees?  The idea behind this is very simple. The employee gives up part of their salary and, in return, you give him/her a non-cash tax free benefit, the most popular being childcare vouchers, additional employer pension contributions and cycle to work schemes. The benefit to you as an employer is the reduction in the amount of National Insurance Contributions (NICs)…(more)

Alex's Big Adventure

14 Jan 2016
Gone are the days when school trips consisted of a visit to the zoo or a Shakespeare play at the theatre - nowadays the world is your oyster, thanks to organisations like World Challenge who take parties of school children on worldwide educational expeditions. Alex Jones, pictured here, the eldest daughter of Kerrie Jones from our Tax Group, has taken on the challenge from World Challenge ( and signed up for the trip of a lifetime to…(more)

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