Kingswood Allotts appoints new associate director of tax

South Yorkshire accountancy practice Kingswood Allotts has appointed Luke James as its new associate director of tax.

The move is part of the firm’s future growth plans and in his new role, James will head the company’s specialist tax and compliance division where he will be responsible for overseeing the growth and development of the firm’s specialist department as well as delivering a comprehensive range of business and financial management services to private clients and owner-managed businesses across the UK.

James joins Kingswood Allotts having previously held a senior management position at a “well-known” Sheffield-based accountancy practice, where he led and managed a team of accountants and tax advisers, as well as contributing to the growth and development of the business.

During his career, James has developed a particular interest in owner managed businesses. He frequently serves in an advisory capacity, assisting companies in understanding the implications of government tax policy on their operations and the necessary preparations for impending tax system changes.

James is one of just a few individuals based within the region to have successfully qualified as both a chartered accountant and chartered tax adviser.

Additionally, he also advises on non-corporate tax matters which often include tax advice on transactions such as exiting from a business, unlocking tax reliefs on property acquisitions, construction and refurbishment, VAT advice, and mitigating inheritance tax through estate planning.

James said: “Kingswood Allotts is a well-known and well-regarded accountancy practice that has been serving businesses and individuals across South Yorkshire for nearly a century. I am excited to be joining the business at this time and looking forward to contributing towards the company’s future growth plans.

“With many businesses facing increasingly complex and challenging rules, the need to access specialist expertise has never been greater, and one of the things that has struck me about Kingswood Allotts is that it is a business that not only looks at the challenges its clients are currently facing, but also looks ahead and helps them to prepare for the future by combining practical support alongside strategic advice. “