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A mid-tier firm has announced the hire of a former big four executive as it looks to bolster its indirect tax team amidst looming changes to the R&D tax incentive.
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Former big 4 manager joins mid-tier
29 October 2018
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BDO has appointed Travis Maddox as a partner in the indirect tax team in the Melbourne office.
Mr Maddox, who was most recently an associate director with ShineWing Australia, was a former R&D tax manager at Deloitte and a senior consultant with PwC.
BDO Melbourne managing partner, David Garvey said Mr Maddox’s appointment follows strong growth in the tax team, with Mr Maddox well placed to address any complexities with R&D tax incentive claims following his experience with government grant in both Australia and the UK.
“Travis’ appointment supports strong growth in the tax team. Indirect tax is a complex area and we’re delighted to have someone of his calibre to assist our clients with their R&D tax incentive requirements,” said Mr Garvey.
Mr Maddox’s appointment comes as the industry contemplates proposed changes to the R&D tax incentive put forward by the government last month.
Fellow BDO partner Nicola Purser had earlier called for the bill, titled Treasury Laws Amendment (Making Sure Multinationals Pay their Fair Share of Tax in Australia and Other Measures) Bill 2018, to be withdrawn and reconsidered.
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“At the very least, the omnibus bill should be withdrawn and the schedules reintroduced separately so they can be debated based on their own merit. Beyond this, the government should completely withdraw its proposed changes to the R&D Tax Incentive and develop new measures based on the feedback received during the consultation period.”
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