News & press releases
Our directors often write articles for the national press and comment on topical issues.
If you have a press enquiry, would like to receive future press releases or would like comment from any of our directors, please contact our press office:
Kate Harrison, tel 020 7131 4228, e-mail
Ravina Mather, tel 020 7131 4358, e-mail
Matt Rowe, tel 020 7131 4550, e-mail
For journalists requiring urgent comment out-of-office hours please call
020 8883 7305 or 07801 968377.
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Please note that contents are correct as at the date shown on each news item.
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Smith & Williamson named Best Balanced Wealth Manager and shortlisted in two further categories at the FT and Investors Chronicle Wealth Management Awards, 2011
Tuesday 17th May 2011
Smith & Williamson has won the Best Balanced Wealth Manager award and was shortlisted as Best Growth Wealth Manager and Best Cautious Wealth Manager at the Financial Times and Investors Chronicle Wealth Management Awards, held on 12th May, 2011.
HMRC targets London restaurants
Thursday 12th May 2011
The tax authorities are focusing on London's restaurants in its latest endeavour to get businesses to pay the correct amount of tax. HM Revenue & Customs will be checking the accuracy of all aspects of tax for these businesses, from profits to PAYE, VAT, the correct application of the National Minimum Wage and immigration. HMRC has £900m to spend on tackling avoidance and evasion and they have flagged restaurants in London as the first of a series of target sectors. Many will receive visits from the taxman.
Smith & Williamson to develop its investment management presence in Dublin
Wednesday 11th May 2011
Smith & Williamson creates new financial services sector jobs
Inflationary Times
Tuesday 10th May 2011
There have been many issues to tax investors’ minds over the last few months: events in North Africa and the attendant rise in the oil price, the Japanese earthquake and tsunami and their effect on the global supply chain and the Eurozone ‘crisis’ which rumbles on in the background, Portugal being the latest country (at least at the time I write) to seek a bailout. However, perhaps the most immediate to investors, individuals and companies alike is inflation.
Thousands of hotels could benefit from VAT refunds
Tuesday 26th April 2011 - Author: Hannah Dobson, VAT director
Any hotel business that has accounted for VAT on room deposit payments for ‘no show’ reservations could be in line for a VAT refund going back four years.
Over 1,000 businesses to get early record-check from HMRC
Monday 18th April 2011 - Author: Richard Mannion, National Tax Director
HMRC launches programme of business record checks by writing to over a thousand SMEs to arrange visits regarding record keeping for VAT, PAYE, NIC, corporation tax and other taxes.
Preventing fraud in financial statements
Thursday 7th April 2011 - Author: David Alexander, Director, Forensic Services
False accounting or fraudulent financial reporting is a significant risk for any sizeable business. In tough economic times, management teams will often try to anticipate future growth to justify any over-reporting in their desire to keep things going. For a few there will be the temptation to plug any holes in the accounts with false accounting entries and fictitious supporting documentation.
Is the Government making tax better for entrepreneurs?
Thursday 7th April 2011 - Author: Richard Mannion, National Tax Director
The increase in EIS (Enterprise Investment Scheme) income tax relief to 30% was one of the positive developments for entrepreneurs coming out of the Budget. Together with the proposed increase in the annual amount qualifying for EIS relief for individuals to £1 million, this was a helpful change for UK enterprise. In short, it should mean more investment in smaller companies.
Making high pressure decisions in a low pressure environment
Thursday 7th April 2011 - Author: Giles Murphy, Head of Assurance & Business Services
With the worst of the deepest, most abrupt recession in living memory now behind us, businesses that have survived should be more confident about their futures. But what future have they survived into and what shape are they currently in?
Maximising the benefits of offshoring
Thursday 7th April 2011 - Author: Guy Rigby, Head of Entrepreneurs
Advances in technology, communications and logistics mean that almost any business can take advantage of the benefits of offshoring – the process of shifting one or more business functions to an offshore location to improve efficiency or reduce costs.
There are a number of offshore business models to choose from. The one that’s right for your business will depend on your objectives and the types of activities you intend to carry out.
