Business expansion identifies potential tax issues

Case Study21st Dec 2021

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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 

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