Tax will often be a crucial aspect in a plan to restructure or rescue a distressed business. The tax issues arising in these situations can be complex and varied.

Tax risks need to be considered early in the restructuring or insolvency process, so they can be identified and mitigated wherever possible. Unexpected tax liabilities can add significant costs to a transaction, and the potentially conflicting interests of stakeholders also need to be taken into account.

We can help you identify tax issues from the start, so they don’t impact your business's ability to regain a stable financial footing.

  • Practical solutions
  • Specialist sector expertise
  • International reach
  • Practical solutions
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    We can give you practical and timely tax advice to help you plan the restructuring
  • Specialist sector expertise
    Specialist sector expertise
    Our experience covers any situation you might face during a restructuring
  • International reach
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    We can support you with UK and international reorganisations and restructurings
David Gregory
Director, Head of Restructuring and Insolvency Tax
David Gregory

Why Grant Thornton

We bring practical, timely tax advice alongside a genuine understanding of the commercial issues, ensuring that tax risks are mitigated and assets preserved wherever possible.

We can support you with the complex tax issues arising in a wide range of distressed or insolvent scenarios, including:

  • group reorganisations and rescue plans
  • debt restructuring
  • sale and purchase of distressed businesses
  • tax residence risks
  • time to pay arrangements with HMRC
  • exit planning and entity elimination.

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