Menzies

NOVEMBER 24, 2023

Menzies LLP - A leading chartered accountancy firm. Apprenticeship growth sector pilot: The government is committing £50 million to deliver a two-year apprenticeships pilot to explore ways to stimulate training in growth sectors including manufacturing, and to address barriers to entry in high-value standards.

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Menzies

FEBRUARY 16, 2023

Menzies LLP - A leading chartered accountancy firm. Our Brighter Thinking animation helps shine the light on the options available to manufacturers as well as some resources to help identify possible funding. Find out more about Menzies manufacturing sector advisory services. What ensures successful funding?

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Menzies

NOVEMBER 30, 2023

Menzies LLP - A leading chartered accountancy firm. If you are in the manufacturing sector, there is no escaping ESG (Environmental, Social and Governance). Producing products sustainably is no longer an optional benefit, but a necessity to remain competitive in the market and mitigate future risk.

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Menzies

FEBRUARY 6, 2023

Menzies LLP - A leading chartered accountancy firm. To keep on top of performance and drive decision making, financial and business processing have to be fast, reliable and efficient, a business may want to consider the benefits of outsourcing in manufacturing. Find out more about Menzies outsourcing solutions.

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Menzies

JULY 9, 2024

Menzies LLP - A leading chartered accountancy firm. Whilst in some key policy areas it remains to be seen what practical changes will apply to businesses in the manufacturing space, there is no doubt that the sector will be impacted by a wide range of policies.

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Menzies

FEBRUARY 13, 2024

Menzies LLP - A leading chartered accountancy firm. Andrew England highlights what we could expect from the Chancellor’s Spring Budget 2024 this year, and what could benefit the Manufacturing sector. What could we expect to see from the Spring Budget 2024? jobs in the sector).

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Going Concern

MAY 3, 2024

Many firms are seeing increased demand for their services and are navigating hybrid/remote teams, rapidly changing technology and are looking to hire more staff. Your answers can help guide the development of PCPS practice management resources designed to assist firms in meeting the ever-changing accounting firm landscape.

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Menzies

MARCH 6, 2023

Menzies LLP - A leading chartered accountancy firm. The United Kingdom has long been a hub for manufacturing, with a rich history of industry and innovation. Despite the challenges posed by Brexit and the COVID-19 pandemic, the country remains an attractive destination for manufacturers looking to set up business.

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Menzies

DECEMBER 8, 2023

Menzies LLP - A leading chartered accountancy firm. November’s Autumn Statement earmarked £4.5bn for key manufacturing sectors, and some beneficial changes to tax reliefs and full expensing. What does the food and drink manufacturing sector need from Government policy in 2024?

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Menzies

JANUARY 7, 2024

Menzies LLP - A leading chartered accountancy firm. Whether you’re considering expanding your geographical footprint, accelerating the growth of an existing revenue stream, acquiring new technology or looking at new ways to diversify, acquiring another business can greatly assist in accomplishing or accelerating these plans.

Manufacturing 52

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Menzies

AUGUST 21, 2024

Menzies LLP - A leading chartered accountancy firm. In line with the new Government’s mission to make the UK a clean energy superpower, accelerating the plan to reach zero-carbon power by 2030, it has never been more crucial for food manufacturers to reduce their carbon footprint.

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Menzies

MAY 11, 2023

Menzies LLP - A leading chartered accountancy firm. Read on if you and your manufacturing company falls into one of the following categories: – For manufacturing companies investing in significant pieces of plant and machinery can be key to driving business growth.

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Menzies

OCTOBER 5, 2022

Menzies LLP - A leading chartered accountancy firm. This measure was put in place to stimulate business investment in UK manufacturing and give upfront support to businesses during continuing COVID-related uncertainty. ANNUAL INVESTMENT ALLOWANCE PERMANENTLY SET AT £1 MILLION.

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Menzies

FEBRUARY 11, 2023

Menzies LLP - A leading chartered accountancy firm. Caroline Milton – Manufacturing Specialist As a packaging expert with knowledge, technical expertise and production flexibility, PT Plastics contacted Menzies to support them with their growth into the UK Market. Learn more about Menzies Manufacturing expertise.

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Menzies

JULY 16, 2024

Menzies LLP - A leading chartered accountancy firm. These emissions are directly controlled by those producing the product, for example, as part of a manufacturing process Scope 2: emissions related to consumption of purchased electricity, heat, steam and cooling.

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Menzies

FEBRUARY 14, 2024

Menzies LLP - A leading chartered accountancy firm. Martin Hamilton highlights what we could expect from the Chancellor’s Spring Budget 2024 this year, and what could benefit the Manufacturing sector.

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Going Concern

FEBRUARY 16, 2024

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

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Menzies

JULY 6, 2022

Menzies LLP - A leading chartered accountancy firm. You can get this tax relief in the same accounting period or claim a credit for them on a later tax return. The Plastic Packing Tax is now operational. On 1 July 2022, HMRC updated their guidance on how to submit your Plastic Packaging Tax return.

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Menzies

MAY 30, 2022

Menzies LLP - A leading chartered accountancy firm. Based in Daventry, UK, and formed in 1989, Geotek specialises in designing and manufacturing high-resolution, non-destructive analysis of geological cores. Judges Scientific maintains a policy to selectively acquire businesses that generate sustainable profits and cash.

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Menzies

MARCH 6, 2024

Menzies LLP - A leading chartered accountancy firm. GREEN TECH There is a general move to a higher skilled, higher wage economy and support for research and manufacturing of future vehicles which could impact the T&L sector. In fact, with national minimum wage jumping up 9.8%

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Menzies

JULY 23, 2024

Menzies LLP - A leading chartered accountancy firm. Since March 2020, food and drink manufacturers, producers and distributors have been forced to continually adapt to the ever-changing landscape. That remains true to this day, especially surrounding sustainability.

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Menzies

JULY 4, 2024

Menzies LLP - A leading chartered accountancy firm. If a business is entering a period of difficulty because of choosing the wrong customer, this pain point can be passed on to suppliers, manufactures and employees. The economic outlook for Britain is still complex, despite signs of improvement.

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Menzies

DECEMBER 12, 2022

Menzies LLP - A leading chartered accountancy firm. A Menzies client since it was founded in 1993, AutoLogic is a leading provider of simulation products, consulting and related services, offering a unique range of solutions for improving efficiency in the manufacturing, transport and logistics sectors.

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Menzies

FEBRUARY 2, 2023

Menzies LLP - A leading chartered accountancy firm. Watch our BrighterThinking animation with a manufacturing spin which covers the requirements needed towards successfully funding business growth. where it will take the business as a result) and how this fits with the desired strategy and direction of the business.

Manufacturing 52

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Menzies

JUNE 8, 2023

Menzies LLP - A leading chartered accountancy firm. PPT should be considered by all businesses who either manufacture plastic packaging in the UK or import it into the UK. When the UK Government introduced PPT in April 2022, the aim was to encourage the use of recycled plastic within packaging.

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Menzies

AUGUST 4, 2022

Menzies LLP - A leading chartered accountancy firm. However, it is extremely necessary to take customers’ needs into account alongside any potential financial impacts on the business. For example, developing a new product would likely incur research and development and manufacturing costs.

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Going Concern

SEPTEMBER 12, 2023

On June 20 of this year , CPA Ontario, the regulatory body responsible for overseeing Chartered Professional Accountants and accounting firms in Ontario, provided notice of intent to conclude its current arrangement with the national CPA Canada body. may “gut” the program of electives and the national accounting exam.

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Menzies

JANUARY 5, 2024

Menzies LLP - A leading chartered accountancy firm. Whilst many businesses are seeing ROI on solar panel installations within 3-5 years, taking advantage of government tax incentives can significantly offset installation costs to enable even faster returns.

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Menzies

JULY 21, 2023

Menzies LLP - A leading chartered accountancy firm. At the end of last week, the Business and Trade Secretary signed the treaty for the UK to accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in New Zealand.

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Menzies

JANUARY 29, 2024

Menzies LLP - A leading chartered accountancy firm. The scheme is especially important to the manufacturing sector with 21% of the total claims made, and over £1.5bn of annual support received, by the sector in the latest statistics.

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Menzies

AUGUST 17, 2023

Menzies LLP - A leading chartered accountancy firm. For manufacturing businesses, inadequate cash flow can be a huge problem that jeopardises their ability to expand and sometimes even to maintain their operations. Technology is often used to help manufacturing businesses improve stock control and cash flow as a result.

Manufacturing 52

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Menzies

APRIL 12, 2024

Menzies LLP - A leading chartered accountancy firm. Transparent communication about sourcing, manufacturing processes, and social impact is becoming essential for building trust and loyalty with environmentally conscious consumers. These are tumultuous times for the UK’s retail sector.

Retail 52

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Menzies

AUGUST 1, 2022

Menzies LLP - A leading chartered accountancy firm. With Amazon taking over the e-commerce market where you can source pretty much any product from one place and other players giving access to China manufactures at a low cost you need a unique product or selling point to drive customers to you site.

E-commerce 52

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Menzies

FEBRUARY 1, 2023

Menzies LLP - A leading chartered accountancy firm. A Civil and Structural Engineering practice that had been with their previous accountant for 20 years. Their accounting records were not fit for purpose. There’s a different way of doing it The problem they had was simple.

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Menzies

OCTOBER 6, 2023

Menzies LLP - A leading chartered accountancy firm. These smart energy systems tend to be brand specific at the moment, but inter-connectivity between brands and manufacturers is coming, which will provide businesses with more flexible solutions, rather than having to revamp a full kitchen with one brand of equipment.

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Menzies

NOVEMBER 10, 2023

Menzies LLP - A leading chartered accountancy firm. In some sectors, such as manufacturing, remote working is not an option and commercial property space is essential. There are many challenges around the cost of living and the cost of doing business.

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Menzies

MARCH 6, 2023

Menzies LLP - A leading chartered accountancy firm. And we have all seen the impact of Covid-19 on the manufacture and transport of goods in recent years. Despite the potentially turbulent times lying ahead if we enter a recession, the corporate investment market has high liquidity and is still moving.

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