Manufacturing & Engineering

Manufacturing businesses live or die by their margins, and margins are only visible when stock, labour and overhead recovery are recorded properly.

We work with fabricators, engineering firms, food producers and light manufacturers, from single unit workshops to businesses running shifts. The recurring themes are stock valuation, product costing and financing the machinery that keeps production moving.

Capital investment is where the tax planning tends to sit. Full expensing, annual investment allowance and the treatment of integral features can make a substantial difference to the cost of a new machine, and the timing of the purchase matters as much as the purchase itself.

Genuine research and development is more common in engineering than owners often realise. Where a project sought to resolve technical uncertainty, a properly evidenced claim can be worthwhile — and we will tell you plainly when a claim is not supportable.

How we can help

• Product and unit costing
• Stock and work in progress valuation
• Capital allowances on plant and machinery
• Asset finance and lease versus buy comparisons
• Research and development tax relief where genuinely due
• Monthly management accounts with margin analysis