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1 December 2011Press Releases
Thames Valley and South Coast accountants and business advisers James Cowper Kreston was last night (30 November) named ‘Tax Team of the Year’ at the prestigious annual British Accountancy Awards.
The firm was awarded ‘Tax Award of the Year, National, Mid-Tier, Independent Firm’ for its work in advising companies and their investors in relation to Enterprise Investment Schemes (EIS).
The judges, in giving the award, said: “James Cowper Kreston has carved out a timely niche for themselves punching well above their weight. They committed themselves to innovation in their specialist area and made it work in diverse industries.”
Steve Clarke, Managing Partner James Cowper Kreston, said: “We are thrilled with this award. The British Accountancy awards have confirmed what my colleagues and clients already know – that James Cowper Kreston has the best tax team in the UK outside the global accountancy firms.”
The award was given to James Cowper Kreston’s Tax partner Chris Lee, who leads the firm’s EIS work, at a glittering award ceremony in London in front of 1,000 of his peers.
Chris said: “James Cowper Kreston has a real strength in this kind of work, acting for businesses as diverse as bloodstock, private schools, nuclear fusion and oil wells in Texas, USA. This award is in recognition for all of the hard work and effort everyone at James Cowper Kreston has put into ensuring the firm is the first choice for businesses and individuals needing top quality advice.”
EIS is a valuable tax relief for investors, and to be able to offer EIS relief gives a business a competitive edge in securing equity funding.
Chris adds: “Outside the large national firms there is a lack of general awareness of the opportunities offered by EIS, and particularly in relation to EIS investment funds, and of the particular complexities of the legislation. We have a strong track record for this kind of work, and it is encouraging to have it recognised.”