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Tax Automation wins Scottish & Newcastle account
Tax Automation is delighted to announce that Scottish & Newcastle plc are deploying their
Capital Assets software to manage capital expenditure on their property estates for tax
purposes.
Tried and tested in some of the country's largest companies, the Tax Automation Capital
Assets Database™ solves the problems of managing capital taxes by allowing the
recording and tracking of capital expenditure within a robust and comprehensive tax model.
Scottish & Newcastle plc (S&N) is one of the world's leading beer-led beverages
companies with strong positions in 15 countries including leadership in the UK, France
and Russia. S&N have three of the top ten beer brands in Europe in Baltika, Foster's
and Kronenbourg 1664. In addition to these key international brands, S&N's portfolio
includes national market leaders, such as John Smith's and Strongbow in the UK, Kronenbourg
Red&White in France, Sagres in Portugal, Lapin Kulta in Finland and Kingfisher in
India. Amongst S&N's speciality niche brands are Newcastle Brown Ale, primarily exported
to the USA and Grimbergen, the Belgian Abbey beer.
"S&N acknowledge the need for leading technology in managing the tax affairs of the
business," said Simon Aves, Head of UK Tax at S&N. "To keep up with the rapid growth of
our business and meet the steady demand for compliance, tax risk management and planning to
support the business, we are implementing Tax Automation's solution. We looked to Tax
Automation to help us simplify our increasingly complex affairs with a reliable and
cost-effective tax management solution."
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