London – 18, 2019 – Alvarez & Marsal Taxand, LLP (A&M Taxand), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), has expanded its tax advisory practice in government incentives through the launch of an R&D Credits service line. David Byrne has been appointed as Senior Director to lead the new offer. The U.K. launch supplements existing R&D expertise in the U.S. business.
The launch reflects A&M Taxand’s continued growth at a time when tax rules, and related regulations, are in flux, and clients are seeking experienced tax experts free from audit conflicts. It follows the appointments of Keith Thomas and Jason Clatworthy as Managing Directors towards the end of last year, who are spearheading A&M Taxand’s work with major corporates and infrastructure clients respectively.
Mr. Byrne has a wealth of R&D expertise in U.K. and international corporates, with a focus on financial services and technology-oriented clients. He also has more than two decades of experience as a computer scientist leading global infrastructural and application development programs. This blend of tax and technical knowledge makes him particularly well placed to help clients prepare efficient and robust R&D claims with HMRC.
Mr. Byrne will be based in London and will work alongside A&M’s senior practice leaders including Richard Syratt, who leads Transfer Pricing at A&M Taxand Europe.
Prior to joining A&M Taxand, Mr. Byrne was a Director at Deloitte in London, where he led U.K. R&D tax studies across multiple industry sectors including financial services, technology, media and telecommunications, retail and manufacturing.
Marvin Rust, Managing Director and Head of A&M Taxand Europe, said: “R&D spending has consistently grown in recent years as corporates look to reap the rewards that technology can unlock. In helping clients to benefit from the tax incentives that are available, we will enable them to invest even more in innovation. We are fortunate to have an accomplished R&D professional in David to spearhead this new service line. His diverse experience across both the technical and tax advisory sides will be of great interest to our corporate clients.”
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make change and achieve results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services.
With over 3000 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, help organisations transform operations, catapult growth and accelerate results through decisive action. Comprised of experienced operators, world-class consultants, former regulators and industry authorities, A&M leverages its restructuring heritage to turn change into a strategic business asset, manage risk and unlock value at every stage of growth.
Alvarez & Marsal Taxand, LLP is an affiliate of Alvarez & Marsal (A&M), a leading global professional services firm. A&M Taxand is made up of experienced tax professionals dedicated to providing customized tax advice to clients and investors across a broad range of industries. Its professionals extend A&M’s commitment to offering clients a choice in advisors who are free from audit-based conflicts of interest and bring an unyielding commitment to delivering responsive client service. A&M Taxand has offices in major metropolitan markets throughout the U.S. and serves the U.K. from its base in London.
Alvarez & Marsal Taxand is a founder of Taxand, the world’s largest organisation of independent tax advisory firms, which provides high quality, integrated tax advice worldwide. Taxand professionals, including almost 400 partners and more than 2,000 advisors in nearly 50 countries, grasp both the fine points of tax and the broader strategic implications, helping you mitigate risk, manage your tax burden and drive the performance of your business.
Ingrid Valk, Nick Scott - Headland Consultancy PR, +44 20 3343 57483
Alexander Purvis, U.K. & Europe Marketing Manager, Alvarez & Marsal, +44 20 7070 0606