Income recognition for media and PR agencies: how to get it right
We discuss the challenges media and PR agencies face around income recognition and the importance of getting it right.
Manufacturing
Arguably the lifeblood of the UK, the manufacturing industry is of vital importance to the success and growth of our economy and economies around the globe.
At Price Bailey, we have supported manufacturers for over 80 years. We have stood by our clients, and no matter what stage of the lifecycle they’re at – we have guided them through their financial and accounting journey.
From technology, chemical, and pharmaceutical manufacturers to automotive, aerospace, and energy companies, our teams of specialists have the experience and knowledge to provide you with exceptionally tailored services.
The right advice at the right time
We have crafted our service offering to make sure that at whichever stage of your business lifecycle you find yourself, we have a service offering that will support you. We can provide:
- objective and practical audit and assurance services
- tax and group structure solutions
- advice on mergers and acquisitions
- financial modelling
- outsourcing services – from bookkeeping and payroll to a fully outsourced finance function
- guidance on different types of funding including, private equity funding and lending
- accurate and efficient annual accounts and tax returns
- creating a strategic plan
- R&D tax reliefs and Patent Box claims
- understanding what your company valuation is now, what it could be in the future, and how you can achieve it
Supporting you in the long-term
The UK manufacturing sector has experienced a steady recovery since the pandemic, with significant achievements in recent years. In 2023, the total value of product sales reached £456.1 billion, marking a 3.9% increase from 2022, when it was £438.9 billion.
The UK manufacturing sector remains a vital part of the economy, contributing around 10% to GDP and projected to grow driven by exports, domestic demand, and investments in innovation.
We think that means that now more than ever, having expert financial systems and advice in place is essential for businesses to prosper and sustain competitive advantage.
R&D and Patent Box claims
Our specialists will supply you with highly relevant expertise and resources if you need advice regarding the Patent Box or R&D tax reliefs. We have filed numerous R&D tax reliefs and Patent Box claims in a variety of industries, so you can be confident that your claim is being managed by our experts.
No matter the challenges you are facing, we understand them. Our specialist teams can help you to overcome these challenges, with advice that is tailored to your organisation.
We can help
Contact us today to find out more about how we can help you
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