Xeinadin Group, one of the leading professional services groups in the UK and Ireland, has acquired About Tax to create a specialised direct tax advisory function across the UK, strengthening its existing client services. It has also appointed Founder of About Tax, Adam Owens, as Director of Tax Advisory at Xeinadin.
Xeinadin Tax Advisory will be led by Adam Owens and creates a central resource for our regional offices to provide new and existing clients with expert advice on direct taxes. This bolsters Xeinadin’s position as a leader in advisory services, and complements the award-winning indirect tax function provided by Centurion VAT.
Adam joins with over a decade of leadership experience across a variety of independent tax consultancies, including having founded About Tax in 2018, as a tax planning and advisory firm focused on owner-managed businesses and SMEs.
The new function will leverage Adam’s expert knowledge to enhance the services provided to clients and firms across the group, whilst About Tax will continue to provide services across its existing client base, which consists of a variety of small and medium sized independent accountancy firms.
The new division will draw upon existing specialists across the group and will also be looking to expand through external hires. Within two months at Xeinadin Group, the soft launch of the offering has already secured a significant amount of new business which shows a promising future for the team.
The move follows the creation of Xeinadin Corporate Recovery in April and Xeinadin Corporate Finance division last September.
Xeinadin is a group of business advisory and accountancy practices in over 130 locations across the UK and Ireland that provides over 40 service lines to over 50,000 clients, predominantly small and medium sized businesses and their owner-managers. A fast-growing, acquisitive Group, it is one of the professional services market’s leading disrupters, with more than 1,700 employees.
Derry Crowley, CEO, Xeinadin Group, said: “Tax Advisory is the latest development in the Xeinadin offering. It is a highly specialised area and a high-value service and we are pleased to be able to provide our clients with this level of advice. Adam and the team are specialists and will further expand what our Group can offer to clients, encouraging greater retention and attracting new clients.”
Adam Owens, Tax Director, Xeinadin Tax Advisory, said: “Xeinadin Group seemed like the perfect fit for our service offering. We have a shared focus on SME and owner-managed clients and are able to provide a specialist skill set which is of great value to the group’s client base. We are looking forward to being part of the team and making the most of the huge opportunity ahead.”