Tom Prescott Joins Claritas Tax as Head of Transfer Pricing

Claritas Tax, a leading UK-based independent tax consultancy firm, has appointed Tom Prescott as Head of Transfer Pricing, marking a strategic enhancement of their tax services. Prescott, who has over 15 years of experience in transfer pricing both domestically and internationally, will be based in their Birmingham office and is expected to lead the expansion of services targeted at larger, international clients. His appointment comes at a pivotal moment, following a national consultation that could extend transfer pricing rules to medium-sized businesses, thus broadening Claritas' client target scope. Founding partner Iain Wright and Manchester office head Matt Hodgson voiced their optimism, noting that Prescott's expertise aligns with Claritas' growth strategy and cultural values. The firm aims to capitalize on the growing demand for transfer pricing services among mid-market companies, securing its position as a viable alternative to larger tax firms.