Manufacturing

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Our first blog post!

I love manufacturing and engineering type businesses. They are complex and interesting. They ‘make’ things, which are tangible. They have plant and equipment. They own or rent premises. The range of taxation and accountancy issues and problems is vast. I sometimes wish I was the manufacturer as opposed to the tax advisor, but my vocation is now set!

Having been involved in the manufacturing sector for over 20 years, providing taxation advice and business support, I have met quite a lot of entrepreneurs of owner managed businesses. ‘Profitability’ and ‘tax’ are two words never far from their lips.

There is nothing exciting to see in an accountants’ office (not ours anyway), so I travel throughout Lancashire and the North West generally, where I meet all sorts of organisations and people. I like to get to know businesses, become familiar with their processes, and provide constructive advice in profit planning, taxation and business issues generally. I see it as being a part-time non-executive partner to businesses.

I hope to provide a series of blogs over time where I will share my views on matters. Not necessarily just on accounting and tax matters, but maybe observations generally. I’ll try not to comment much on Chartered Accountants or Chartered Tax Advisors as I want to try and hold your attention!

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