Nick is an excellent accountant and has saved us valuable time and money looking after our affairs, and we can recommend him without reservation.
In particular, Nick was instrumental in achieving a very favourable outcome with a particularly difficult tax situation. Our company had been set up by a firm of Swiss lawyers as a tax scheme on behalf of the Russian owners and acted only as agent to a Bahamas based company, the idea being that the majority of the profits would be transferred to the Bahamas.
As one could expect, the Inland Revenue was not happy seeing tax disappearing out of the country and suddenly took a keen interest in our tax affairs. Nick dealt with all of the complex issues including the much-feared transfer pricing issue and in the .end negotiated a minor settlement to the taxman, which allowed the group to retain the bulk of the profits. This whole episode was conducted with Nick's normal highly pragmatic and thorough approach to the problem where all issues and potential benefits/problems were explained in full.
In summary, Nick is an exceptionally able and determined advisor and will always bring benefits to your business.
Michael Legate - Rambra Limited
