PKF Smith Cooper expands its tax advisory division

Midlands-based accountancy and advisory firm PKF Smith Cooper has expanded its tax division with an enhanced Capital Allowances service after it recruited Thomas Webb as a new capital allowances consultant.

Webb has over 10 years of local and international experience in providing capital allowances support to businesses and investors across a range of sectors including construction, agriculture, food processing, furnished holiday lets, manufacturing, engineering, retail and hospitality, student accommodation and commercial property investment.

In previous roles at KPMG and Grant Thornton, Webb worked with a number of high profile clients including supporting Pret A Manger with fixed asset additions on expenditure across the UK, USA and Hong Kong, as well as working with Lego on cost estimation and cost re-build for its head office in Denmark and flagship store in London.

PKF added he has also developed “extensive experience” in servicing Midlands-based investors and businesses.

Webb said: “As a new and solely focussed Capital Allowances Consultant at PKF Smith Cooper, I’m looking forward to developing the service that the firm provides for the benefit of existing and future clients. This is a great opportunity to make a real impact while supporting local businesses and investors in claiming the tax relief they are entitled to.

“This is an area of tax that can have a real impact on managing the tax burden of clients through identifying and accessing allowances that are often overlooked and I expect this to be important over the next few years. Working alongside the rest of the tax team, my goal is to play a significant part in establishing PKF Smith Cooper as a leading provider of Capital Allowances consultancy services in the Midlands.”

Gary Devonshire, Tax Advisory partner and head of innovation and property taxes at PKF Smith Cooper, added: “It’s an exciting time of growth and expansion at PKF Smith Cooper. Last year the firm joined PKF International and this year our Derby team moved into a modern office space to accommodate our growing team which serves our expanding and diverse client-base.

“As part of our tax growth plan, we are now strengthening our tax services in key areas such as capital allowances that will attract new clients and allow us to offer an additional service to our existing clients. I am thrilled to have Thomas on board and look forward to seeing his expertise being delivered to clients and contacts as part of the continued expansion of our tax services at PKF Smith Cooper.”