Tax adviser Mike to play part in Rio Ferdinand Foundation

Mike Kerridge
Mike Kerridge

An TAX adviser is hoping for more net profits after being made a patron of the Rio Ferdinand Foundation.

With more than 20 years’ tax experience, Mike Kerridge was asked to bring his skills and knowledge to the Manchester United star’s charity, which helps young people and communities in the UK and abroad.

Mr Kerridge, from Bletchley, will take on a role involving the financial and promotional elements of the foundation, with a fairly limited remit at first but one he hopes will expand over time.

The tax expert was approached to become a patron based on his wealth of experience in the area and links with the Damilola Taylor Trust, for which he has carried out sponsorship work in the past.

Mr Kerridge, who met Ferdinand recently, said: “I was surprised I got approached but pleased and I thought it was a good idea to accept on the basis that what the foundation is trying to do is very good for the youth of this country.

“It is putting a positive spin on what is being done by young people out there, rather than all the negative stuff you normally hear about.

“When I met Rio he said he was pleased I had come on board and I think he was pleased they had got someone who understands a bit about tax.”

As a relatively new charity, the foundation has been recruiting professionals with experience in certain areas as patrons to help with its running.

One of Mr Kerridge’s primary roles will be to ensure the foundation’s taxes are in order so it can retain its charitable status.

He said: “I will get an overview of things, but I won’t get involved in the day-to-day running of the foundation, that’s covered by the admin staff and trustees. As time goes on I imagine I will be consulted on what’s going on with the major issues in the trust because I have the experience and wish to be involved on that side.

“I might also need to go to events and be a representative of the foundation, something I have experience in doing.”

Having worked for an international firm of accountants, in the UK and abroad, in taxation, and been deputy tax director for a major bank, Mr Kerridge now runs his own Aylesbury-based company, providing a tax service equivalent to major firms.

A spokesman for the Rio Ferdinand Foundation said: “We’re really pleased to have Mike on board with the foundation.

“His expertise will be of benefit to us all, we admire his commitment to improving the lives of young people, and we’re proud to name him as a patron.”

Among its work, the foundation offers positive activities to involve disadvantaged young people and communities and supports young people from disadvantaged backgrounds to develop life and social skills.