Our approach to tax due diligence
We adopt a commercial approach to due diligence, understanding that the value is as much in advising our clients on how best to practically deal with tax issues as it is helping them to understand the risks.
We realise the importance of helping a purchaser understand the tax function and tax compliance status of a target business without getting mired in fine detail. Therefore in most cases we report our findings on a concise ‘by exceptions’ basis allowing our clients to understand the key tax risks that might impact on the transaction and how these might best be dealt with in the legal documents, without getting distracted by pages of tax technical commentary.
We work closely with legal advisors drafting the transaction documentation to ensure the relevant tax protections are included.
If you are a business owner thinking of selling your company we can provide vendor due diligence and exit readiness assessments. This can help avoid unwelcome surprises during the upcoming sales process.
