HaysMac acquires US tax team from Moore DM

HaysMac, has announced the acquisition of a specialist US tax team from Moore DM, as part of its continued commitment to overseas expansion and the development of its private wealth services.

The chartered accountancy and tax advisor group is joined by Moore DM’s Chris Baker, who serves as director. HaysMac said the wider team has deep experience in US tax compliance, assisting US individuals and high-net-worth clients living in the UK in meeting their US tax responsibilities and that they will continue to offer such individuals personalised and expert advice at every stage.

The firm said this acquisition will allow it to provide US tax return services directly from its London office, extending its abilities outside of the UK. 

It added that the move is an important step in HaysMac’s long-term international growth strategy, while strengthening its position in the private wealth market and enhancing the range of services available to clients.

Director Chris Baker said: “Joining HaysMac presents an exciting opportunity to build a specialist US tax service within a firm renowned for its private wealth expertise. Demand is growing among US and internationally connected individuals living in the UK who need trusted, UK-based support for their US tax obligations. I look forward to becoming part of the HaysMac team to develop this service and explore additional ways we can meet client needs.”

Graeme Privett, head of private client at HaysMac, added: “Welcoming Chris and the team enhances our ability to support new and existing clients, reinforcing HaysMac’s position as a trusted partner for international private wealth clients with US tax requirements.  Having previously worked with Chris earlier in our careers , I’m delighted to be collaborating again as we continue to develop our US tax offering and support the global ambitions of our private clients.”

Natasha Frangos, managing partner at HaysMac, said: “This acquisition represents a pivotal step in HaysMac’s evolution. As our client base becomes increasingly international, building a dedicated US tax capability allows us to serve them seamlessly across borders. 

“We are delighted to welcome Chris and his team, strengthening our position as a full-suite advisory firm equipped to meet the complex needs of our clients. Under the experienced leadership of Graeme Privett, I am excited to see the positive impact this transaction will have on the growth of our firm and the expertise we offer our clients “