High-growth enterprise, energy sector
The Challenge
Helping a fast-growing business reach their tax potential
We worked with a fast growing business who were running a lean and inexperienced tax function. As they entered the SAO regime they needed to become more sophisticated and better controlled from a tax perspective.
A period of growth and collaboration.
We worked closely with the team by delivering key resources through a period of change, while increasing their tax maturity.
We took them on a journey:
- Setting goals for our collaboration, understanding the resources the team needed to increase their tax maturity, and the period of change that would be suitable.
- Supporting during a period of change, spending six months implementing new processes, including: outsource provider, design of VAT return processes, standardised document controls, SAO process for certification.
- Implementation ready for success, ensuring there was hand in to a new tax manager and training delivery.
The Solution
Delivering tax function maturity.
We saw a significant jump in tax function maturity, moving away from inexperience to a well-controlled, highly effective tax function and shadow tax function. The client was set up for the future.
“The best example of meeting clients where they are. Not all of our clients can jump from maturity level 1 to 5, nor should they. This was about manageable, meaningful change.”
Simon Haigh, Lead Partner, ilumis