The Business Owner

Sensitivity: Timing & Cash Flow

An established manufacturing company purchasing larger premises was significantly hampered by the extra cash required for VAT. The directors, none of whom had experience in commercial property, planned to buy the property through an LLP. BloomSmith provided a facility allowing them to make the transaction much sooner, without having to build up the cash amount required by HMRC. BloomSmith also took control of reclaiming the VAT, using their experience to guide the client through the process thereby ensuring a swift, efficient repayment of the VAT from HMRC.

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