BACKGROUND
Nick predominantly works in the tax due diligence team, while also assisting with various Corporate and Transaction work. He joined K3TA in March 2023, following a year and a half in a tax investigations firm where he began his career in Tax. Nick studied at Bournemouth University, where he achieved a First Class Honours in M.A. International Finance and Economics, gaining valuable knowledge of the behaviour of businesses, financial markets and the economy as a whole, integrated with the fundamentals of tax throughout.
Assisting the Corporate and Transaction teams, Nick advises clients transitioning to Employee Ownership Trusts (EOT’s), involving report preparation, corresponding with HMRC regarding tax clearance and trust registrations, as well preparing pre-sale tax reports for companies prior to selling. Additionally, he project manages the company’s tax due diligence projects, consisting of coordinating the projects as well as assisting in the report preparation process. Nick also occasionally works on private client matters, specifically, in compliance, where he prepares and submits annual tax returns for UK and international clients.
Nick lives in Chelmsford and plays Sunday league football for his local team.
SPECIALISMS
- Private client compliance
- Employee Ownership Trusts (EOTs)
- Due diligence
RECENT EXPERIENCE
- Previously, he worked at inTAX, developing essential skills and experience in Code of Practice 9 (CoP9) and Voluntary Disclosures, as well as various excel related calculations including analysis of bank statements.
- Prepared recent annual tax returns which involved a multitude of income sources, from income relating to employment, interest, dividends and pensions, to partnerships, rental and capital gains on the sale of properties, intertwined with various residency and domicile backgrounds.
- Assisted companies transitioning to EOT’s which entailed corresponding with HMRC by submitting statutory clearance for the sale, as well as registering the trust post completion and preparing tax reports to explain the structure of the transaction and trust, the conditions and requirements of the trust, combined with providing fundamental considerations for the trustees, directors and employees to note and abide by in the future.
- Prepared pre-sale tax reports for companies’ pre-sale, detailing capital gains tax and business asset disposal relief on sales proceeds, while informing clients on key planning areas.
