Manufacturing accountancy in Northern Ireland

Northern Ireland has one of the strongest manufacturing bases in the UK, from aerospace and engineering to food processing and advanced materials. We work with manufacturers who need an accountant that understands the difference between a balance sheet and a shop floor.

Talk to us about manufacturing

Manufacturing accountancy is about cost control, capital investment, and claiming everything you are entitled to. Capital allowances are an area where money gets left on the table. If you have invested in plant, machinery, or buildings in the last two years and your accountant has not reviewed your capital allowances position, there is almost certainly a saving to find.

For specialist work such as R&D tax relief, we work alongside trusted tax specialists who handle the technical claim end-to-end while we keep the rest of your accountancy in one place.

We work with engineering firms, food processors, precision component manufacturers, and fabrication businesses across Belfast, Lisburn, Craigavon, and the wider NI manufacturing corridor.

What manufacturing businesses ask us

01

Capital allowances

Annual Investment Allowance on plant and machinery. Structures and Buildings Allowance on qualifying factory builds. Full expensing on qualifying assets.

02

R&D tax relief

For substantive R&D claims we work alongside specialist firms so the claim is robust and the technical narrative stands up to HMRC scrutiny.

03

Stock and WIP valuation

Raw materials, work-in-progress, and finished goods. Absorption costing. Standard versus actual costs. Getting the year-end valuation right for tax.

04

Grant accounting

Invest NI capital grants, Assured Skills funding, InterTradeIreland innovation vouchers. Accounting treatment and tax implications of each.

05

Supply chain costs

Input cost volatility, currency exposure on imported raw materials, and the impact of the Windsor Framework on GB-sourced components.

Frequently asked about manufacturing accountancy

Do you handle R&D tax relief for manufacturers?

For straightforward claims, yes. For larger or more technical claims we work with specialist R&D firms who run the claim end-to-end. We co-ordinate the claim alongside your annual accounts and corporation tax return so you get the right expertise without changing accountant.

What is the Structures and Buildings Allowance?

A 3% annual writing-down allowance on the cost of constructing or renovating non-residential buildings. If you have built or extended your factory since October 2018, you may be eligible.

Can you help with Invest NI grant applications?

We prepare the financial projections, business plans, and supporting documentation that Invest NI requires. We also advise on the tax treatment of any grant received.

How is your manufacturing service priced?

Fixed annual fee, agreed up front, based on the complexity of your operation and the support you need. We quote after a brief review of your accounts and current accountancy arrangement.

Talk to an accountant who understands manufacturing in NI

15-minute call. No commitment. We will answer your questions and outline how we work with manufacturing businesses across Northern Ireland.

028 9508 4138