Business Services Department - EngineeringDedicated to helping your small business
Specialist engineering accountants
At Hawsons our friendly engineering accountants offer a unique client focused service to ensure all your accountancy and taxation requirements are dealt with as smoothly and efficiently as possible. Our dedicated team of specialist accountants and tax advisors offer specialist accountancy and tax services to the engineering industry.
Our services include assistance with all aspects of accounting, taxation, management and financial matters, inclusive of:
- Preparation of annual accounts
- Preparation of monthly management accounts
- Preparation of tax returns
- Financial forecasting and budgeting
- Property issues
- Capital allowances claims
- Company structures
- Capital gains tax planning
- Buying an engineering business
- Selling an engineering business
- Exit strategies
- IT consultancy
- VAT advice
- Financing of new developments
- Payroll services
- Inheritance tax planning
Our engineering accountants are aware of current developments for engineers and through our proactive approach, we inform our clients of any issues that may affect them.
Auto Enrolment: There are hundreds of thousands of smaller companies approaching their staging date and the ability of pension providers to provide solutions is becoming a real issue of capacity. It is not usually about just having a pension scheme, but having the process and systems in place to collate the data required to present and report to the Pensions Regulator. We are running free monthly Auto Enrolment workshops in Sheffield, Doncaster and Northampton.
Research and Development (R&D): R&D tax relief is a widely available, but often overlooked relief. There has been an unprecedented rise in the number of companies successfully claiming R&D tax credits, with the Government pushing the incentive through increased rates and relaxed qualifying conditions. Yet, many engineering businesses still do not realise that they have qualifying R&D projects. To claim this generous tax relief, you don’t have to work in a lab and wear a white coat; you may be surprised how broad the qualifying conditions are. For more information, please visit our R&D Tax page.
A shortage of skills and succession plans: Arguably one of the biggest challenges facing many engineers is the shortest of qualified, highly-skilled employees. With a shortage already building, forecasts suggest that the UK needs to more than double the number of qualified engineers if it is to meet the likely demand in the years up to 2017.
Contact us for a free initial meeting
To find out more about how one of the leading firms of accountants in Sheffield, Doncaster and Northampton can help you, please contact one of our specialists. We believe in long-term client relationships and understand the importance of meeting to establish that you like us and we like you. This is why we offer all new clients a free initial meeting which will enable you to have a discussion about you and your business issues.
We look forward to hearing from you!
0114 266 7141
Business Services Manager, Sheffield
0114 266 7141
01302 367 262
Tax Partner, Northampton
01604 645 600