Financial Services

In such a fast-paced and heavily regulated sector, you need a dynamic but professional advisor that understands your business and supports you throughout your business lifecycle with practical, plain-speaking advice.

One of the most respected firms outside the Big 4 (with the bonus of being more personable).

Our team of specialists provides a full suite of services, working with firms of all sizes including fund managers, private equity groups, fintech firms, wealth managers, financial advisors, corporate financiers and multinational billion-dollar asset managers with a UK presence.

Renowned for our excellence in audit, we are also very proud of our high standards in tax structuring and advisory. More recently, our tax and outsourcing teams have won several awards for client service.
Our work with international groups and advisory on cross-border issues is supported by MSI Global Alliance (MSI), which provides access to service providers in over 100 countries worldwide.

How we can help you

We’re not just here for the big projects or the annual audit. We’ll support you all year round with the everyday services you need, so you can focus on running your business. Most of all, we’ll be ready with knowledgeable, helpful answers and proactive, pragmatic suggestions.

Contact us

Audit

Our risk-based audit approach focuses on understanding our clients, recognising their business issues and identifying the impact that they may have on the financial statements. Coupled with our sector experience, we can determine the critical audit areas and devise specific testing based on our thorough understanding of each clients structure, organisation and business risks.

Learn more about Audit

Corporate Finance

Our corporate finance specialism has seen significant growth in recent years as a result of our strong commitment to maintaining excellent relationships and communication levels. Whether assisting with a private sale or acting as reporting accountants our partner led approach allows us to add real value to these processes. Within our corporate finance team, our key services are:

  • Transaction support

  • M&A due diligence

  • Financial Modelling

  • Exit strategies

Employment tax

  • Advising on PAYE and National Insurance issues in respect of benefits in kind

  • Advising on their compliance reporting obligations under the business expense payments regime

  • Drafting and updating staff expense and travel expense policies

  • Assisting with HMRC employment status reviews and helping to implement an internal review process

  • Structuring termination payments

  • Advising on National Living and Minimum Wage regulations

  • Managing HMRC reviews

Employment Tax

Scheme options

Share option schemes participation schemes and, if required, liaising with legal experts to design the most appropriate scheme to incentivise employees.An EMI scheme is a highly tax efficient scheme which we have a wealth of experience in advising, putting in place and providing a full service. We would need to understand further details around the option scheme including the number of individuals in the scheme, performance criteria, vesting period etc.

Share Schemes

Raising external finance and related tax breaks

We have several experts that provide specialist advice on raising finance via the EIS, Seed Enterprise Investment Scheme (SEIS) and Venture Capital Trusts (VCTs). In cases in which any of these have already been exhausted, we would still advocate that advice is sought from one of our tax specialists to discuss other available options.For existing investors, our services also include advice on how the company can maintain its qualifying EIS status and obtaining assurance from HMRC in the event that there are any changes to the company’s activities.

Why HaysMac?

As year-rounders, not just year-enders, we build deeper relationships that last.

The clearest measure of excellent client service is repeat business. We build long term, close-working relationships with our clients and contacts. We want you to keep us up to date on what’s happening with your business.

Establishing a relationship from day one allows us to offer the most helpful proactive advice. Many clients come to us in the early stages of their lifecycle, for help with structuring, firm and VAT registration, and ask us to handle the essential day-to-day aspects such as Company Secretarial, payroll, tax advisory and outsourced accounting.

We get where you’re coming from – then get you where you need to go.

We’re known for our friendly, down-to-earth approach as well as our efficiency – using automation and analytics where appropriate to keep services cost-effective. We also build strong relationships with specialists in other disciplines, which ensures we can refer you to providers who we trust to provide helpful and authoritative answers.

We believe it’s our role to stay at the forefront of developments, so we can always bring our clients the latest news and advice. Our experts regularly speak on topical panels at sector-specific events, publish articles and updates, and share our sector commentary through channels such as LinkedIn.

Not sure what you need?

Our sector teams are equipped with specialists across all service lines, enabling them to assist you with all aspects of your business needs and challenges. Have a problem you need help with? Let us find the solution.

Our services

It’s unusual to find specialist sector know-how at every level of an accountancy firm. We like being a bit different at HaysMac. Meet the team member who’s ready to talk shop. Partner with the best.

Karen Allan

Partner, Co-Head of Financial Services

Simon Wilks

Partner, Co-Head of Financial Services

Melanie Pittas

Senior Financial Services Partner

Bernadette King

Senior Financial Services Partner

Edward Parkes

Director

Emma Simpson

Senior Manager

Dougie Todd

Partner, Co-Head of VAT

Elena Ramkalawon

Partner, Head of Outsourcing

Key contacts