An independent firm based in the southwest of England has been set up to give tax advice to UK expats and individuals.
ATC Tax will help those who have previously lived or worked in the country and who may, therefore, have UK tax liabilities.
It will be led by managing director Finn Houlihan who has more than 20 years’ experience having previously held senior roles with financial advisory firms The Fry Group and Arlo Group.
Houlihan said: “These are uncertain and unprecedented times, but careful personal tax planning remains fundamental for anyone.
“Even more so for those planning to return to Britain after living or working abroad.
“Our new tax business will be there to help these individuals, with a team of specialist advisers delivering high-quality guidance and support that helps our clients with tax planning for the future.”
Management team
Alongside Houlihan are co-founders James Hunt and Scott Barlow.
Hunt has been working in the taxation industry for 15 years and spent three years with The Fry Group, handling the UK tax requirements for clients of the financial planning arm.
Barlow also joins from The Fry Group, where he was part of the international tax team, and brings with him over six years’ experience of working in tax for EY.
NHS help
ATC Tax has accelerated its launch plans to provide support to National Health Service (NHS) workers during the covid-19 crisis.
It will be providing a free tax ‘health check’ to any NHS staff or consultants and offer support on their next tax return for just £1 ($1.24, $1.14).
A large proportion of NHS staff are non-British nationals or have lived and worked outside of the UK in recent years, meaning they are often penalised by a complex tax situation.
Houlihan added: “With an extension of the UK’s lockdown, many consumers might find they have plenty of spare time on their hands.
“As we launch our new business, ATC Tax, we wanted to give individuals the opportunity to make the most of this time by getting their tax affairs in order through a free ‘tax MOT’ and by doing what we can to recognise the commitment of the NHS.”