Specialist Sectors
When it comes to accounting and business advice, there are certain industries where we’ve made a real name for ourselves over the years. They’re sectors in which word of mouth has brought one client after another our way and with which we’ve gained real practical experience.
What does sector expertise really mean? It’s about understanding not only how tax law works universally but also how it applies in particular circumstances. For example, charities and solicitors are subject to particular reporting and accounting standards set by industry bodies.
There are also specific areas of statutory compliance that only apply to certain types of business, such as the construction industry scheme (CIS) and VAT schemes for retail.
From allowable expenses to the peculiarities of payroll to industry-specific growth strategies, we know construction, retail, the legal profession and manufacturing in real depth.
Being specialist also means understanding that the tools and software we use won’t necessarily be right as they come. Our cloud accounting advisory service includes specific guidance on finding the right plugins and tools to make Xero and QuickBooks work for your business.
Most importantly of all, it means that you’ll be talking to tax and accounting experts who speak your language. You won’t need to start from scratch, or illustrate every point – we’re already working with businesses like yours so we can get down to brass tacks that bit faster.
> Construction industry
The construction industry is one of the most volatile sectors in the UK economy so careful planning and advice are needed to maintain efficiency and competitiveness.
> Investment and financial services
We’re not only qualified independent financial advisers (IFAs) but also, as your accountants, know your financial and tax situation in extra depth.
> Charities
Deans has a particular specialism in preparing charity accounts, reports, and independent examinations, having many years’ experience with charities and trustee responsibilities.
> Knitwear
We provide accountancy services and business advice to a number of traditional high-quality knitwear manufacturers, helping them remain efficient and competitive.
> Retail
Many of our clients operate shops and outlets across the UK and rely on us for support with business planning, cashflow planning, retail VAT schemes and staff payroll.
> Solicitors
As professional advisers ourselves, we understand the legislative requirements put upon the legal profession, including financial reporting to the Law Society.
