Travel industry accountancy firm Elman Wall is rebranding under the name of Xeinadin, one of the leading professional services firms in the UK and Ireland.
Elman Wall said its transition to Xeinadin brings numerous benefits to travel businesses, enhancing its services with additional expertise and resources.
This transformation follows investment into the business by private equity firm Exponent two years ago.
The company continues to revamp IT, HR, and other areas as it evolves into a full-service, technologically advanced audit, accountancy and advisory firm.
The “significant milestone” for Elman Wall includes a consolidation of guidance on travel VAT and the Tour Operators Margin Scheme (TOMS), ensuring compliance and optimal tax planning.
The firm said: “Xeinadin will continue to help travel businesses innovate and grow by maximising their claims for R&D tax credits, as well continuing to assist in matters of corporate finance, cloud accounting, EU trading and tailored accountancy solutions for smaller travel businesses, including Abta and Atol accounts and comprehensive tax consultancy.”
Xeinadin, named as the country’s 18th largest accountancy firm last November, runs nine regional hubs in the UK and Ireland, has more than 135 offices and over 2,000 staff.
Elman Wall co-founder Jonathan Wall, now head of travel at Xeinadin, said: “We are built on our strong ‘local’ relationships with our travel sector clients but now boast the national strength and range of support that we could never have offered as an independent, boutique firm.
“As Xeinadin, Elman Wall will remain at the heart of the travel industry and continue to support our travel clients with decades of expertise and experience in audit, tax, TOMS and regulatory and commercial advice relating across all travel sectors.
“On a personal note, starting Elman Wall in January 1995, I could not have imagined just how far our journey would take us, nor the incredible people I would meet along the way.”
Xeinadin chief executive Derry Crowley added: “This is a landmark announcement for us and a clear demonstration of our appeal to firms seeking to benefit from increased breadth and depth of expertise.
“Whilst the name, Elman Wall, will be retired, the business’ travel industry specific identity and ethos will live on under the Xeinadin name.
“I’m excited to work with Jonathan and the team on the next chapter of travel audit and advisory services at Xeinadin.”