Smith & Williamson welcomes Penelope Lang to boost its financial and advisory services to the bloodstock and equine sector

Smith & Williamson, the accountancy and investment management group, is delighted to announce that Penelope Lang has joined the firm's Salisbury office as a tax director. She brings more than 15 years' experience in the bloodstock and equine sector having advised on the tax and financial matters facing owners, breeders, trainers and others working in the industry.

Penelope said:

"The horse industry as a whole has grown significantly over the past decade, and these difficult times mean there is a need to reflect. The market for good horses remains, but breeders and producers need to consolidate and concentrate on the quality rather than the number of horses in order to succeed. The 2012 Olympics are bringing exciting opportunities for sports horse owners and riders which we hope to be able to capitalise on. I am very pleased to join a team where there is already great strength and depth in the rural sector." While Penelope joined earlier this month, Peter Treadgold will be joining the Salisbury office later in the year. Peter, who has an audit and accountancy background also specialises in the bloodstock and equine sector. "We are delighted that Penelope has joined and that Peter will also be working alongside us. They, rightly, enjoy a national reputation in the equine sector and will work closely with our established teams in the agriculture and landed estates sectors," said Susan Shaw, head of Smith & Williamson's Salisbury office.

Salisbury's bloodstock and equine team of specialists advise on:

• business structure and planning
• audit, accountancy and compliance with relevant statutes
• the ownership of land and related assets to optimise a client's fiscal position and preserve wealth for the next generation
• business and personal tax compliance and planning, including dealing with enquiries from HMRC
• VAT advice and planning

Both Penelope Lang and Peter Treadgold join from James Cowper Accountants in Newbury.

For further information:
Penelope Lang, tax director at Smith & Williamson, the accountancy and investment management group.
Tel 01722 411881
Penelope.lang@smith.williamson.co.uk

Press queries to:
Kate Harrison 020 7131 4228 
Jess Koslow 020 7131 4264

Note to editors
Smith & Williamson is an independent professional and financial services group employing over 1,500 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-to-large corporates. The group operates from offices in London, Belfast, Birmingham, Bristol, Dublin, Glasgow, Guildford, Maidstone, North London, Salisbury, Southampton, and Worcester.

Smith & Williamson Limited Regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. A member of Nexia International

Disclaimer
By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.