Accounting and tax for industrial and manufacturing

Overview

Inventory, costing, working capital, transfer pricing and intercompany for industrial businesses.

Common situations we address

• UK factory supplying components to UAE assembly plant in same group
• Standard costing variances not reflected in intercompany transfer prices
• Capital allowances on UK plant versus UAE CT depreciation differences
• Inventory in transit at year-end affecting revenue and CT in both entities
• R&D or tooling costs incurred in UK benefiting UAE production
• Export credit and shipping terms shifting tax point between jurisdictions

Our approach

Industrial and manufacturing groups need robust costing, inventory and transfer pricing on goods and services moving UK–UAE. We align standard costs, variances, CT adjustments and VAT on cross-border supplies with operational reality and group consolidation needs.

Typical deliverables

• Standard cost and variance reporting
• Transfer pricing for goods and manufacturing services
• Inventory in transit and cut-off procedure
• Fixed asset and depreciation bridge UK–UAE CT
• R&D and tooling cost allocation memo
• Monthly production margin dashboard