Construction & Property: Case Study 5

Background

A local corporate property developer was approached to sell a building that had been constructed on land the company owned to a commercial real estate fund. The company shareholders wished to progress with the sale and contacted us for advice on the tax implications of this asset sale.

Our Approach

  • Time was invested to determine the objectives of shareholder
  • The proposed structure of the deal was reviewed and more efficient alternatives considered
  • The tax implications of the proposed transaction were confirmed
  • A more efficient deal structure to mitigate tax was advised on
  • The revised deal structure was proposed and agreed with the Purchasers
  • AAB wealth were introduced to our clients to allow more objectives of the shareholders to be achieved

The Benefits to the Client

  • The investment in understanding our client’s objectives allowed us to deliver a revised structure which better achieved their objectives
  • Significantly reduced tax liabilities from the transaction
  • Increased net revenue for shareholders
  • Introduction and liaison with wealth advisory allowed shareholders to maximise the value created for them and their family from the transaction
  • For some shareholders, we determined a strategy to harness tax reliefs to allow greater funds to be available for investing in their next commercial venture

The Plus Factor in Action

  • We helped our client make money by revising the transaction we reduced the tax liability by > 33%, increasing the after tax cash received by each shareholder
  • We saved our client time by taking care of the tax implications of the transaction leaving them able to have increased focus on other commercial matters
  • We gave our client peace of mind through our knowledge and experience in providing transactional tax advice provided confidence that all tax risks were being taken care of
  • We supported them now and in the future by introducing AAB Wealth to our clients early enough, and working with wealth advisers throughout the transaction, we succeeded in maximising family wealth planning as a part of the transaction and put in place a structure to facilitate our client’s future wealth management.

The plus factor in action

"AAB provide invaluable support and assistance, working closely with us ...

Mackie Ramsay Taylor

Read More...

"Working with AAB has been crucial to the success of ...

QIC UK

Read More...

"Anderson, Anderson & Brown have proved to be a real ...

Forbes Homes Limited

Read More...

“Dark Matter is the only rum distillery in Scotland. From ...

Dark Matter

Read More...

"We have confidence to approach Anderson Anderson and Brown on ...

Uniconn Limited

Read More...

“Before coming to AAB, we used Sage Line 50 to ...

Xtreme Business Solutions Ltd

Read More...

"AAB have been our accountants for many years. Having AAB ...

A.R. Mathers & Sons

Read More...

"Anderson Anderson and Brown have provided an invaluable service to ...

Roy Cowie LBS Limited

Read More...

"Different Class! I became a client of AAB approximately a year ...

Steve Bonsor

Read More...

“Workflow Max (WFM) was recommended to our company as a ...

Mark Burntonwood

Read More...

"AAB has provided invaluable support and assistance to The Broomhill ...

The Broomhill Nursery

Read More...

"The secondment support provided by accounting and MIS staff from ...

John Lawrie Group

Read More...

"AAB have provided UTEC with a number of contract specific ...

UTEC Survey Construction Services Limite…

Read More...

“Following an extensive competitive tender exercise we awarded AAB the ...

Terry Dunn, ESP Group

Read More...

"Malthus is an international company, headquartered in Norway, providing and ...

Malthus UK Limited

Read More...

"Thank you to the AAB team, and in particular Lauren ...

Coulters Property

Read More...

The plus factor in action

Background Becoming increasingly remote in company operations, the minority shareholder of ...

Fishing: Case Study 2

Read More...

Background Profitable fishing partnership, with individual and corporate partners, who wished ...

Shipping: Case Study 2

Read More...

Background Adapting our audit plan due to the COVID-19 pandemic. Prior to ...

Exploration & Production: Case Study…

Read More...

Background In 2019 we mobilised at short notice a team to ...

Exploration & Production: Case Study…

Read More...

Background The UK subsidiaries of a global weather forecasting and decision ...

Technology & Media: Case Study 2

Read More...

Background Company with an overseas parent, which provides sales, rental and ...

Engineering & Manufacturing: Case St…

Read More...

Background A UK energy company requiring tax compliance advice for their ...

Exploration & Production: Case Study…

Read More...

Background A legal firm disposing of their business requiring Corporate Finance ...

Professional Services: Case Study 2

Read More...

Background A professional services LLP weighing the benefits of transferring their ...

Professional Services: Case Study 1

Read More...

Background Specialist lender and savings bank offering products to SME’s, homeowners ...

Financial Services: Case Study 1

Read More...

Background We were approached by an established E&P operator with assets ...

Exploration & Production: Case Study…

Read More...

Background UK Motor retail group operating a nationwide chain of franchised ...

Leisure, Retail & Hospitality: Case …

Read More...

Background Our client commenced in business as a property developer. Over ...

Construction & Property: Case Study …

Read More...

Background A local corporate property developer was approached to sell a ...

Construction & Property: Case Study …

Read More...

Background AAB were engaged to assist a trust that owned and ...

Public Sector: Case Study 1

Read More...

Background Preparation of detailed financial projections for a housing association in ...

Social Housing: Case Study 1

Read More...

Background The Corporate Finance team supported an existing client of the ...

Technology & Media: Case Study 1

Read More...

Background A family led estate with a traditional mix of forestry ...

Rural: Case Study 1

Read More...

Background A new charity requiring support after a period of change ...

Charities: Case Study 2

Read More...

Background An existing charity client going through a transition period after ...

Charities: Case Study 1

Read More...