Accounting for Engineering Firms

How our Accountants can help you!

• Tax Planning

  Help maximise tax efficiency. Our accountants can help you prepare your personal tax return, corporation tax return, advise on capital allowances, and tax liabilities so you can focus on running your business.

  We’ll make sure you take advantage of all the deductions and credits you’re entitled to, so you can keep more of your hard-earned money.

• Business Bookkeeping

  In order to make informed decisions about your business planning, you need to have accurate and up-to-date financial statements. Our bookkeeping services will ensure that your records are always accurate and up to date and will make your financial statements preparation much faster.

• Cash Flow Management & Forecast

  The propensity for irregular work cycles within the engineering sector means that cash flow often fluctuates. This is where professional financial planning and cash flow forecasting are critical for your firm.

  We can support you by building a detailed cash flow forecast. When we have established a significant amount of cash flow history, we can utilise this data to create an accurate forecast based on past performance. This in turn helps identify financial shortages well in advance.

• Research and Development

  Our accountants can help you take advantage of tax relief and credits that you may not be aware of, and they can also negotiate with the HMRC on your behalf if you ever have any problems. In the long run having a professional accountant can help save the business a significant amount in costs.

• Full range accounting for Engineering Firms and Engineers
  • Accounts preparation for your business
  • Self-Assessment Tax returns if you are self employed
  • Managing complicated payroll for your business
  • Compliance with HMRC’s Construction Industry Scheme
  • Corporation Tax planning and advice
  • Value Added Tax (VAT)
  • Compliance with companies’ house filing requirements
• Who Do We Help

  At MJ Kane Accountants, our extensive experience within the engineering sectors means we can aid all individuals and businesses involved, some these include:

  • Aerospace
  • Agricultural
  • Automotive
  • Biomedical
  • Chemical
  • Civil
  • Electrical
  • Environmental
  • Geological
  • Mechanical