Initially the business traded solely from a food market, providing a wide range of cooked meats, pork pies, pork scratchings, bacon, triple smoked hams to eateries and the general public. In 2013 the client expanded, purchasing a retail outlet that again supplies all the usual delicatessen products as well as jams, teas, snacks & confectionary.
How we helped?
On day one we reviewed the directors’ remuneration to ensure money extracted was done tax efficiently. In addition, during the expansion we structured this new outlet so that the client had control over profit levels and enabled them to introduce vehicles into the business without suffering any additional tax.