PwC Isle of Man has promoted Phil Morris to Tax Director.
A Chartered Tax Advisor and member of the Chartered Institute of Taxation, Phil joined PwC in 2009, and has more than 17 years’ experience within the Big 4/Top 10 accountancy practices.
Phil primarily advises on indirect tax matters and automatic exchange of information reporting, including FATCA.
‘It is an exciting and challenging time to be working in taxation in an offshore environment,’ Phil said. ‘With the recent developments in the UK regarding Brexit, the Isle of Man's trading and indirect tax relationship with the EU will potentially be changing and we want to work with local businesses to ensure they are ready to deal with the issues and opportunities this brings.
‘In addition to this, we are continually moving to a world of increased tax transparency and the automatic exchange of tax related information. This has created certain logistical and technical challenges and we aim to help clients and contacts to understand their requirements and deal with them as efficiently and effectively as possible.’
Phil’s current clients are drawn from both the financial and non-financial sectors, ranging from offshore banks and fiduciary businesses, asset ownership structures, ebusinesses and businesses involved in international trade and cross border matters.
PwC Isle of Man’s Tax Services team, led by Tax Partner Kevin Cowley, utilises the skills of its financial and tax specialists to offer exceptional client services in all areas of tax, including Corporate Tax, Employer Solutions, Private Client Services and Succession Planning, VAT and International Tax.
Kevin said: ‘Phil has been a vital member of our team since joining PwC seven years ago, and his appointment as Tax Director is worthy recognition of his efforts during that time. I am sure he will continue to thrive in his new role and further enhance his excellent reputation, whilst continuing to add value to our clients’ businesses.’
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