With ongoing concerns about future funding and maintaining relationships with international partners, 2019 is set to remain an uncertain time for the charities sector according to PwC’s new head of charities Aidan Sutton.
But despite current Brexit anxieties, Aidan has high hopes and expectations for the sector as organisations continue to carefully review how they raise and spend their money, and assess the social and economic impact they are having on the communities they serve - a move that is becoming increasingly vital if they are to both sustain and attract new sources of funding.
A corporate tax partner by background, Aidan has advised charities and social businesses on tax matters – both UK and international - for the last eight years. Since 2015, he has led the firm’s social business tax team, working with a large range of charities, charity-owned businesses, universities and social enterprises.
Aidan Sutton, PwC’s head of charities, commented:
“As we start 2019, I am looking forward not only to strengthening our existing commitment to the sector but to forging new relationships with other charitable organisations across the UK and beyond.
“I’m also keen for us to continue using our networks to bring charity finance directors together, share thinking and best practices, and support our clients as they embrace new ways of operating that will allow them to flourish.
“As well as delivering audits and the provision of tax compliance and advice, we’re seeing more charitable organisations ask for our help to tackle issues such as operating models, digital transformation and systems, and measuring their social impact. So it's a really exciting time to be leading a team who can deliver real value to charities, which in turn deliver real value to society as a whole.”
Aidan is taking over the reins from Ian Oakley-Smith, who is retiring after over 20 years with the firm, the last four of which he served as PwC’s charities leader.
Quentin Cole, UK Government and Health Industries leader at PwC, commented:
“We are continuing to invest in our charitable partnership team to ensure we have the scale of leadership and experience needed to lead work with UK and international clients who are tackling fundamental challenges, but also facing new opportunities to transform.
“Having gained extensive experience across the charitable spectrum since joining the firm, Aidan is well placed to expand on the strong foundation built by Ian Oakley-Smith and lead our team and the sector into the future.”
PwC is one of the leading providers of professional services to the charity sector with around 300 charity clients.
Notes to editor:
About Aidan Sutton, head of charities, PwC
After graduating with a degree in Geography from Oxford University, Aidan Sutton trained as a chartered accountant with one of the large firms.
Aidan moved to PwC in 2006 to work with privately-owned companies – and charitable organisations. Over the years, his passion for this sector grew with his portfolio becoming split 50:50 between private companies and charities. Although Aidan is based in London, the social business tax team he leads operates across the South East and the South West of England and he has a national role supporting charities with specialist advice all over the UK. The charity team also works closely with PwC’s US charity team on many of the large US institutions which have operations or interests in the UK.
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