Sectors
Engineering
Engineers, consultants and manufacturers
From national infrastructure projects to product development, engineering and precision manufacturing are fuelled by expertise and innovation. It’s also a sector that successive governments have wanted to see thrive and grow which means there are plenty of opportunities for smart tax planning.
R&D tax credits, the patent box and more
Exactly what qualifies for research and development tax relief can seem mysterious but our experience working with engineering businesses means we’re always able to give clear guidance and put together compelling claims to HMRC.
We’ve also helped numerous clients untangle the rules around the patent box which offers the potential for reduced corporation tax bills.
If your engineering business is growing, we’ll provide business advice, long-term business planning and support with corporate financing – as we’re currently doing for a raft of clients in this sector.
For consultant engineers, we offer expert guidance on the ever-evolving landscape around IR35 and off-payroll working, advice on remaining tax efficient and, of course, support with income tax self-assessment.
And, of course, we can manage central finance functions such as compliance, tax returns, VAT, bookkeeping and accounting.
Our service includes
Support with R&D tax relief and RDEC claims for innovation.
Patent box claims to reduce your corporation tax bill.
Strategic tax advice, business advice and planning.
What does your engineering business need?
Business planning
Where do you see your engineering business in three, five, ten years’ time? How will you bring stakeholders with you?
Tax planning
From R&D credits to profit extraction, advice on keeping your tax bill down and your business growing.
Accountancy
Company secretarial, bookkeeping, accounts production and everything else you need to make compliance easy.