Tuesday, 1 February 2011

Boodle Hatfield hires Penningtons private client star Mark Lindley

Private client law firm Boodle Hatfield has strengthened its award winning contentious private client team with the appointment of solicitor Mark Lindley.

Mark joined the firm on 4 January from Penningtons and specialises in advising clients on contentious matters including disputes between trustees, beneficiaries, challenges to the validity of wills, professional negligence and disputed applications in the Court of Protection. Mark was also named as one the country’s top 35 private client solicitors under the age of 35 by Private Client Practitioner magazine in 2010.

http://www.boodlehatfield.com/default.asp?sID=1296149259622&goback=%2Egmp_2301341%2Egde_2301341_member_41850254

Aussie Flood Tax

Australian's earning more than 50,000 Aus Dollars face a new flood tax aimed at helping to pay for the recent devastation.
The new tax will charge an extra 0.5% on those earning A$50,000-A$100,000 and 1% more on those earning more than A$100,000.

It is expected to raise about A$1.8bn.

See:

http://www.bbc.co.uk/news/world-asia-pacific-12294834?goback=%252Egmp_2301341%252Egde_2301341_member_41678322

Tuesday, 21 December 2010

Smith & Williamson Promotions

Joss Dalrymple and Geoff Everett have been appointed as National Head of Private Client Tax Services (PCTS) and London Head of PCTS respectively.

The new national role is to ensure that the firm continues to provide its hallmark superior standards of private client service and good co-ordination across PCTS teams in Smith & Williamson’s London, Guildford, Bristol and Salisbury offices.

“My role is to ensure good communication between offices and teams about best ideas and practices and to help develop our rising stars,” says Joss, who oversees the firm’s services focused on landed estates, high net worth individuals, non-UK domiciled individuals and the firm’s co-ordinated family office offering. “In the immediate future, our focus is on helping our clients through these challenging times and continuing to meet their needs.”
Joss’s new role mirrors Tim Lyford’s appointment as head of Corporate Tax, reflecting the growth of both sides of the business and the need for dedicated department leadership.

Geoff Everett takes over from Joss as head of the 75-strong private client tax team in London. “It’s a great honour to lead such professional and capable people,” says Geoff. “With HMRC’s ever closer scrutiny of taxpayers’ finances, we can expect more rigorous challenges from HMRC in the future, particularly for those clients with offshore interests.”

Geoff leads a London team that acts for a broad range of clients providing tax advisory, compliance and family office services to UK and foreign based private clients and professional practices.

“Everyone has worked very hard through the recession and the challenge now is to find the energy to drive the business forward and face the challenges of the future,” explains Geoff. “Our goal is to retain our core values while providing excellent client service.”
Earlier this year, Smith & Williamson won the title of Best High Net Worth Team and shortlisted for Best Tax Team of the Year at the LexisNexis Taxation Awards.

Tuesday, 26 October 2010

Private banks gearing up on recruitment

London's private banks continue to grow their respective HNW tax teams. The provision of holistic personal tax and personal financial planning advice is certainly 'flavour of the month'.

They are particularly keen on individuals with both the CTA and Certificate of Financial Planning, although the latter is by no means essential. Non-dom planning skills are of course a pre-requisite. Whilst the tax teams of the private banks are not yet in full recruitment mode, they are beginning to pick up senior managers from the Big 4 and Top 10 accountancy practices. The combination of attractive packages, comparable quality of work and no time sheets, is starting to draw some of the better 'candidates' onto the market.

Friday, 2 July 2010

BTG acquires specialist tax advisors from Vantis

Begbies Traynor Group, the specialist professional services consultancy, today announces the expansion of its BTG Tax business with a seven-strong team joining the London office from Vantis Plc.

Effective from 1 July 2010, Don Mavin will become Managing Partner of the enlarged London BTG Tax business, responsible for the further development of the Tax practice in the South East region. Don was formerly National Head of the Tax Disputes & Litigation group at Vantis Plc and brings with him his Customs Investigation and Litigation team of Allan Brown and Martin O’Neill, Directors, and Simon Sutcliffe and Ian Manly, Consultants.

Peter Fairchild, also joins BTG Tax from Vantis Plc as Partner, providing private client tax advice. Peter’s extensive expertise in the Sports sector complements BTG Tax’s existing national expertise in this area and will provide a strong platform from which to develop this offering in the London market.

Thursday, 1 July 2010

RSM Tenon acquire Vantis businesses

RSM Tenon, the Top 10 accountancy firm, has announced it has acquired the Epsom, London, Leicester advisory offices, the national Financial Management operations, the London Forensic Accounting team and the Thames Valley Recovery office of its public competitor, Vantis.

The acquisition sees circa 300 staff augment the existing substantial RSM Tenon teams, adding up to an estimated £27 million to the firm's annual fee income.
There will be over 190 staff members - including 30 directors - from the Wigmore Street office who will become part of RSM Tenon.

The deal brings significant extra audit, tax and advisory work, especially to RSM Tenon's London operation, reflecting the Group's commitment to growth in the Capital.

RSM Tenon's Financial Management division, already the largest Financial Services arm of any UK accountancy firm, will jump to a Top 20 IFA firm nationally, with over 300 staff operating from offices across the UK.