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S&W picks new private client tax partner. Lucy Saunders, who moves to S&W from BDO, will work across its offices in Guildford and London, UK. UK-based accountancy and advisory practice S&W has appointed Lucy Saunders as a partner in its private client tax team. In a statement, S&W said that Saunders will work across its offices in Guildford and London. She joins the company from BDO, where she was also a private client tax partner. Saunders has more than two decades of experience in advising high-net-worth individuals, families, entrepreneurs and internationally mobile clients on complex personal tax issues. Commenting on her appointment, Saunders said: "I am delighted to be joining S&W at such an exciting stage in its growth journey. "The firm has a clear vision, a strong reputation in the private client market and an ambitious strategy for the future. "Returning to the business presents a fantastic opportunity to work with talented colleagues and help clients navigate an increasingly complex tax environment. "I look forward to contributing to the continued growth and success of the private client tax services team." Her appointment comes as S&W continues to invest in its private client tax practice. The company is recruiting senior staff to meet rising client demand, the statement added. S&W partner and Private Client Tax Services head Chris Shepard said: "Lucy is an outstanding addition to its private client tax team. "Her breadth of technical expertise, strong market reputation and extensive experience advising high-net-worth and internationally connected families make her exceptionally well placed to support its clients. "As International Accounting Bulletin continue to grow and invest in its private client capabilities, Lucy's appointment further strengthens its ability to deliver the high-quality, personal advice that clients expect from S&W. "We are particularly delighted to welcome Lucy back, having previously worked in our business." Last month, S&W appointed Rosemary Prendecki and Andrew Robinson as partners within its transactions tax team. Give your business an edge with its leading industry insights.

New questions for Manchester City auditors BDO. Updated: 03:22 EDT, 3 October 2026 Accountancy firm BDO is facing fresh questions about its audit of Manchester City as the shamed Premier League club lodged an appeal after being found guilty of the biggest cheating scandal in British sporting history. The Daily Mail this week revealed that regulators were 'looking into' BDO - which signed off City's accounts over the nine years the football club was found to have broken financial rules to the tune of £900 million between the 2009-10 and 2017- 18 seasons. Now it can be revealed that during this period BDO, the fifth-biggest accountancy firm in the UK, was paid what appears to be a very low fee for the annual audit of City's numbers. Payments to BDO peaked at £47,000 in 2016 before falling to £42,000 two years later, an analysis of City's accounts shows. That compares with a £500,000 fee rivals Manchester United charged its auditors in 2018. 'On the face of it £47,000 doesn't look particularly high,' said football finance expert Kieran Maguire. 'A (BDO) partner would be charging £250 to £300 an hour and you've got staff so you're not getting many hours of work for a £500 million business.' The recently concluded three year Premier League inquiry into City found its Abu Dhabi owners and commercial partners were at the centre of a series of 'sham' sponsorship deals that boosted the club's income and reduced costs by more than £900 million, breaching financial fair play rules. City's accounts show in the period covering the Premier League's inquiry 'other operating income' grew rapidly to account for £232 million of total revenue by 2018, easily outstripping broadcast and gate receipts. 'If I was a partner and was looking at risk areas then perhaps this might be on my "high risk" pile,' Maguire said. Pressure is growing on the Financial Reporting Council (FRC), the audit watchdog, to explain how it will examine potential audit failings. Liam Byrne, chairman of the Commons business and trade select committee, last night wrote to the FRC's chair Jayne-Anne Gadhia asking for her assessment. He said the findings raised a question over how 'the established system of audit and regulatory scrutiny [could] fail to uncover alleged misstatements of such a scale over nine years'. Byrne added: 'The FRC must establish where scrutiny broke down, and what must change.' City yesterday said the Premier League's ruling on its cheating contained 'clear material errors and is unsafe'. 'The club is innocent of the accusations made and a comprehensive body of irrefutable evidence exists relating to this case,' it added. The Institute of Chartered Accountants in England and Wales declined to comment. BDO also declined to comment.

BDO appoints new London tax partner. Accountancy and business advisory firm BDO has further strengthened its partnership with the appointment of a new tax partner. Tommy Nguyen joins BDO in London as a tax partner where he will play a key role in expanding the wider private business tax offering to mid-market clients. Tommy has almost 20 years' experience in the profession, with expertise in advising hospitality and leisure sector businesses on capital allowance services. Tommy joins from PwC's Private Business Tax team and will be based in BDO's Baker Street headquarters. Louise Sayers, head of people, culture & purpose at BDO says: "Tommy's appointment will undoubtedly strengthen our partnership and the business tax services we are able to offer our clients. "His passion for developing high-performing teams, combined with his deep understanding of specialised tax support, makes him a valuable addition to the team and reinforces our continued investment in attracting top talent. It's a pleasure to welcome him to BDO."