Established in 2019 by former Huge 4 and finance leaders, tax advisory Nuwaru has rebranded to WTS Australia, becoming a member of the worldwide community with members in additional than 100 international locations.
Headquartered in Sydney with protection in Melbourne and Brisbane, WTS Australia boasts a 17-strong partnership crew, most who’ve earlier senior expertise on the Huge 4 or main world monetary providers establishments.
The unbiased agency supplies end-to-end tax providers freed from potential audit conflicts, spanning advisory, structuring, compliance, M&A, and expertise with extra experience in specialist areas resembling GST and stamp responsibility.
“The choice to co-brand with WTS was unanimous and was made within the full curiosity of our shoppers who’ve worldwide enterprise,” acknowledged Nuwaru founding associate and chief govt James Jobson. “It’s a sign that we wish to help them as a long-term associate on the world degree. We’re very a lot wanting ahead to bringing out shoppers nearer to the WTS World group.”
Jobson, previous to organising Nuwaru, served as head of tax advisory for UBS within the Asia Pacific, whereas different founding companions embrace former Deutsche Financial institution APAC group tax lead David Early (who earlier frolicked at PwC), ex-Deloitte and KPMG associate Todd Fielding, and veteran KPMG duo Rod Henderson and Patrick Hunt, who each spent round 30 years on the Huge 4 agency.
Now, they may proceed to ply their commerce below the WTS banner, which final yr celebrated its twentieth anniversary and has a presence in additional than 100 international locations worldwide – together with shortly throughout the ditch, with the Nuwaru crew additionally at present creating WTS New Zealand. Moreover, the native department is working intently with member corporations in Asia to drive higher regional development.
“I’m extraordinarily happy with Nuwaru and what we’ve achieved thus far, however I’m equally enthusiastic about what it means to be a part of a really world agency the calibre of WTS World,” Jobson stated. “From the primary time we met, it was clear this was a bunch identical to us: client-focused, commercially astute, entrepreneurial, progressive, enthusiastic about expertise, and targeted on constructing a world agency.”
A stipulation of membership, WTS corporations strictly chorus from offering audit providers to keep away from the conflicts of curiosity which plague the Huge 4 and different accounting & advisory networks. In the meantime, WTS Australia describes its tax administration as a key differentiator, enabling it to ship core providers resembling tax perform outsourcing, governance, and threat administration.
Talking on the transfer, WTS World CEO Wim Wuyts stated, “We’re proud Nuwaru is now WTS Australia and thank the whole partnership for his or her belief. With this spirit and drive we are going to along with our member corporations elevate WTS World to the following degree within the worldwide tax panorama and additional strengthen our place because the main world non-audit tax associate.”
