Accountancy practice HaysMac acquires Moore DM US tax unit

Core Insights - HaysMac, a London-based chartered accountants and tax advisory firm, has acquired a specialist US tax team from Moore DM, enhancing its capabilities in US tax compliance for US nationals and high-net-worth individuals in the UK [1][2] Group 1: Acquisition Details - The acquisition includes a group of US tax specialists, with Chris Baker joining as director, which will allow HaysMac to manage US tax returns from its London office [1][2] - This move adds a US-focused service to HaysMac's existing UK tax work, aligning with the firm's strategy to expand its global practice and deepen its presence in the private wealth market [2] Group 2: Market Demand and Strategy - There is a growing demand among US and internationally connected individuals in the UK for reliable support regarding their US tax obligations, which HaysMac aims to address with this acquisition [2] - The acquisition is part of HaysMac's long-term plan to broaden support for clients with cross-border assets and interests, reinforcing its position as a trusted partner for international private wealth clients [3] Group 3: Leadership and Team Expansion - Graeme Privett, head of private clients at HaysMac, emphasized that the addition of Chris Baker and his team enhances the firm's ability to support both new and existing clients [3] - The firm recently rehired Andrew Roberts as audit director in its Social Purpose team, indicating ongoing growth and development within the organization [3]