Business expansion identifies potential tax issues

Case Study21st Dec 2021

Contributors

Related services

Our Client 

A local retailer was looking to expand their market coverage by opening new branches through acquisition to then subsequently develop the facilities to increase their service offering. 

Our Approach 

  • Assisted with financial projections for bank funding 
  • Advised on appropriate deal structure  
  • Advised on the type of capital expenditure that would give best tax allowances 
  • Considered tax position of seller 
  • Identified areas where investment could be more tax efficient 
  • Practical guidance on benefits of expansion 

The Outcome 

  • By providing support through the acquisition process our clients limited resources could focus on their day job  
  • Through supporting with due diligence and review of legal agreements we could highlight any risks that existed and give client ability to make decisions that gave peace of mind 
  • Support on areas where they didn’t have expertise internally 
  • Potential tax issues identified 
  • Allowed client to focus on commercial aspects of the investment 
  • Guidance on best form of capital expenditure 
  • By providing audit and corporate tax services for several years the client had confidence that we could support them as they looked to grow their business 

Contributors

Related services

Sign up for the latest industry insights

  1. Blog29th Jul 2022

    COVID recovery, labour shortages & supply chain issues: the resilience of Scotland’s food & drink sector

    In the last two years we have seen some of the most challenging times in business. In particular, the Scottish food and drink industry has been hit hard by varying restrictions imposed across the country. Despite these challenges, the industry…

    By Derek Mair

    View more

  2. Blog11th Mar 2020

    SeedPod – What does this mean for Scotland Food & Drink Businesses?

    At AAB, we have a dedicated team of Food & Drink specialists who hold a wealth of experience and knowledge of the sector – a nod to the significance of the industry in the context of the Scottish economy and to our business. Considering our involvement within the sector, we…

    By Derek Mair

    View more

  3. Blog12th Sep 2019

    Funding Growing Food & Drink businesses

    Fundraising for start-ups or early stage companies has always been a challenging task as anyone who has seen the plucky contestants enter the Dragons’ Den on the hit television programme can agree. However, with a high number of food and…

    By Derek Mair

    View more

  4. Blog4th Jul 2019

    paying casual workers

    Scotland Food & Drink – the £30 billion pound opportunity – supporting companies unlock their potential

    The Scottish food & drink industry is a globally recognised brand and continuing to strengthen this brand will be key to reaching the shared vision of the Scotland Food & Drink Partnership outlined in their “Ambition 2030” strategy. To achieve…

    By Derek Mair

    View more