Tax and compliance work is an unavoidable aspect of an FD’s role and while Orchard don’t provide direct tax advice, we are experienced in identifying potential problems, keeping calm in difficult situations and working on solutions to mitigate any tax impact.
One such example was within the construction and property development sector, where poor initial advice had led the business to be exposed to unexpected VAT assessments. Working with the business’ new tax advisors, we were able to successfully fight off assessments in excess in £1.5m, arrange payment plans and recover overpaid tax.
