Leading business and financial adviser Grant Thornton UK LLP has promoted Dan Zaidman to Director within its expanding South England transfer pricing team.
The appointment comes at a time of significant growth for the currently ten-strong Southern transfer pricing division, which is led by Grant Thornton partner Imran Khan, with other recent appointments including two new managers.
Dan Zaidman joined Grant Thornton in January 2020, with eight years’ experience in managerial posts at other large accounting firms in the UK, Netherlands, South Africa and Israel. His promotion to Director will further strengthen the senior capabilities of the transfer pricing team.
The team’s growth has been driven by an increased demand for its services among the region’s innovative and entrepreneurial large private and mid-market economy. This demand stems from a greater recognition of the importance of a robust transfer pricing framework for cross border transactions in order to comply with multiple tax authorities, combined with growth in key market sectors including tech, data, fintech and life sciences.
Dan Zaidman, director for transfer pricing, said: “As transfer pricing professionals operating in the vibrant mid-market space, this is a really exciting time. There are a lot of interesting and ambitious businesses in the South East that are eager to grow and that are working hard to expand internationally.
“This has seen firms from a wide variety of sectors explore how they can best strike a balance between business needs and navigating compliance in an ever-evolving world of transfer pricing and international taxation. I’m proud to say that our proven track record of supporting clients to overcome these challenges has fuelled significant interest in our services. Moving forward, I’m eager to help grow our team and assist more businesses to achieve the success they’re aiming for.”
Imran Khan, partner for transfer pricing, said: “The South region transfer pricing group was established nearly four years ago, and I’m exceptionally proud that in this time it has become one of the foremost teams of its type in the area. Year-on-year we’ve been working with many creative, pioneering businesses and it’s been very rewarding to support them on their incredible journeys.
“Continuing to grow our team through the promotion of highly skilled individuals, such as Dan, and recruiting key talent means that we can help more of the region’s businesses navigate the complex challenges that may come their way and achieve their goals and aspirations.”
Grant Thornton’s South region transfer pricing team is part of the wider South tax practice which covers the South East and Thames Valley, and the national transfer pricing practice headed by Kirsty Rockall, UK Head of Transfer Pricing at Grant Thornton.
Imran added: “Our private market clients are often managing a variety of complex issues, which could range from overseeing complex supply chains, expanding into new countries, acquiring and integrating new businesses, developing new intellectual property and more.
“The highly dynamic nature of these businesses means it’s critical that we’re aware of their needs and are able to both bring the right resources together and match their pace. This understanding allows us to help firms implement robust transfer pricing solutions and legal frameworks that manage multi-territory transfer pricing risk and which are aligned to their commercial and operational objectives.
“For larger private, inbound and FTSE businesses there are a number of new updates from the OECD and HMRC which are making for interesting conversations. These developments are likely to have significant impacts on a number of firms and we’ve been helping them consider these consequences and how they can best prepare for any potential changes.”