Unlocking Tax Efficiency: How FASTECH saved big and grew stronger
– Fastech
The History
Fastech is a leading London-based studio renowned for its exceptional digital solutions catering to businesses of all scales. Specialised in CGI &VFX and Web Design & Development, Fastech has gained recognition for its excellence, boasting a client portfolio that includes big names such as Benefit Cosmetics and Halcyon Gallery.
The Challenge
Following a period of rapid growth, Fastech quickly realised that, if no action was taken, the approaching tax bill would be a very painful one. With their main focus still on service delivery and client satisfactions, they didn’t have the time or expertise to track and leverage their finances in a timely and efficient way.
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Our fast growth and expanding client base brought us face-to-face with the scary reality of big tax obligations. We needed a strategic approach to reduce our tax liabilities without compromising our business operations or financial integrity.
- Riccardo Facciolongo, CEO at Fastech
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The Solution
Recognizing the urgency of the situation, we started crafting a tax strategy tailored to Fastech’s unique needs. Our first step involved categorisation and reconciliation of all financial transactions, so we could finally paint a clear picture of their business performance and financial health.
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With Leo’s help, we made a plan to handle our taxes more efficiently. His expertise in accounting and tax planning helped us feel better and more conscious about our finances.
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– Ricciardo Facciolongo, CEO at Fastech
We then strategically guided Fastech in leveraging investments and expenses to minimise their tax liabilities. By strategically allocating resources and taking advantage of available deductions, Fastech slashed their tax bill, ensuring maximum savings without compromising compliance.
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We were amazed by the results! Thanks to Leo’s guidance, we reduced our tax expenditure and felt more confident about our finances. It’s made a huge difference for our business.
– Ricciardo Facciolongo, CEO at Fastech
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Our collaboration with Fastech shows the importance of strategic financial management and proactive tax planning. By leveraging our expertise and tailored solutions, Fastech has not only optimized their financial performance but also set the foundations for sustainable growth.