Smith & Williamson

Smith & Williamson
Limited Company
Industry Professional services
Founded 1881
Headquarters London, United Kingdom
Key people
 David Cobb & Kevin Stopps, coCEOs
Products Accounting
Corporate services
Investment management
Tax
Number of employees
 1,600 (including partners)
Website smith.williamson.co.uk

Smith & Williamson is a United Kingdom accountancy firm. It is the eighth largest accountancy firm in the UK, with revenues of £213.9 million for the year ending 30 April 2015.[1]

Smith & Williamson is a UK member firm of Nexia International, a worldwide network of accounting, audit and consulting firms.[2]

History

Smith & Williamson was founded by David Johnstone Smith and Andrew Williamson in Glasgow in 1881. The first London office was opened in 1893. Smith & Williamson combined NCL (Securities) Limited (a financial company in Ireland) in 2002 and Solomon Hare (a private accounting firm in UK). [3]

Locations

Smith & Williamson has twelve offices in the United Kingdom Belfast, Birmingham, Cheltenham, Guildford, Manchester, Salisbury and Southampton, England; Dublin, Bristol, Ireland; Jersey; and Glasgow, Scotland, with the headquarter office in London, England.

Panama Papers

The company's activities came under scrutiny in 2016, when it was revealed that its employees had managed the Smith & Williamson Blairmore Global Equity Fund since 1997[4] Earlier in the year, HM Revenue & Customs won a court case against Smith & Williamson, over the treatment of "goodwill" payments made by the firm to a portfolio manager and his team.[5]

References

  1. ↑ Accountancy Age: Smith & Williamson profits fall as investment plan kicks in | Accountancy Age, accessdate: May 19, 2016
  2. ↑ Nexia International
  3. ↑ http://www.vault.com/company-profiles/accounting/smith-williamson/company-overview.aspx
  4. ↑ "Top ten firm distances itself from Blairmore Holdings connection". AccountancyAge. Retrieved 9 August 2016.
  5. ↑ "HMRC wins 'goodwill payments' tax battle against Smith & Williamson". 20 Jan 2016. Retrieved 9 August 2016.


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