Leading business and financial adviser Grant Thornton UK LLP has strengthened its Financial services tax team, with the appointment of a new Partner. Richard Milnes joins the firm with immediate effect, and will be focused on broadening Grant Thornton's tax advisory and transactional services to the banking sector.
A recognised financial services tax specialist, Milnes' expertise covers corporate and financial structuring for financial services groups and advising on the tax implications of regulatory reform and emerging industry taxes, such as the UK bank levy.
Milnes joins Grant Thornton from EY, having previously worked in international tax for Shell and as Head of Tax Planning for Lloyds TSB before moving to a front office tax structuring and transactional role at Lloyds. He will be based at Grant Thornton's Finsbury Square offices in London.
Commenting on the appointment, Dana Ward, Head of Financial Services Tax at Grant Thornton UK LLP, said: "Richard joins our team at an exciting time for us, as we continue to grow from strength to strength. His in-depth technical knowledge and commercial acumen will no doubt add significant weight to our tax offering in the financial services space."
Richard Milnes added: "Grant Thornton's expertise in the financial services sector is truly impressive and I look forward to complementing and helping grow this through genuine, relationship-driven services across the banking and capital markets landscape."
Grant Thornton's Financial Services Tax group was recently named winner of the Lexis Nexis 2013 award for Best Tax Team in a National Firm.