Motor

From audit and assurance, tax planning and compliance, through to deals support and transactional tax advice, field team training and outsourcing, or company car ownership schemes, our experts have got the keys and driven growth. When it comes to the financials of your dealership, trust the experts.

Our specialist motor team provides up-to-date, accurate, concise and tailored advice, services and solutions to many UK dealer groups. Our specialists are trusted advisers to many motor dealer groups, supporting them on aspects of ECOS, PAYE, capital allowance and corporate finance.

With a proactive approach and extensive knowledge of the industry, we provide thought leadership and remain at the forefront of key issues facing the sector. We also run sector-specific and focused update events, such as the MHA Motor FD Forum and the Berkhamstead Motor Club. This enables us to actively engage with owners of retail groups, manufacturers and other advisers in the sector on a broad range of business issues, identifying ways to proactively support them with their strategic, operational, cost reduction, risk and compliance agendas.

How we work in dealership accountancy 

• The experienced motor team provide a comprehensive range of services and specialist advice including:
• Audit and assurance: we act as auditors for 75+ motor dealers and lease businesses including Sturgess, Pentagon, Delgarth and Vanarama.
• Tax planning and compliance: we are tax advisers to 100+ motor dealers and manufacturers, including many Top 50 dealer groups.
• Capital Allowances (CA): we have the UK’s leading motor CA specialist in our team maximising allowances on dealers’ historic and current property acquisitions and expenditures.
• Transactional tax advice and exit planning: ensuring the right operational and entity structure for our clients, including their trading and property interests.
• Shareholder wealth and inheritance tax planning: tax-efficient extraction of wealth for dealership owners.
• Employment taxes and company cars: supporting you with issues such as car averaging, establishing employee car ownership schemes, worker status, and travel and subsistence.
• VAT planning and compliance: working with you on cases of HMRC litigation, partial exemption, finance and insurance income, Motability, dealer discounts and other specific motor VAT issues
• Strategic and corporate finance support: sale and acquisition, restructuring, refinancing, operational and business strategy reviews to help your dealership grow.
• Business support: providing health checks, deal file and month-end reporting, and other process reviews, including FCA and cyber security.
• Field team training and outsourcing: we can provide support to manufacturers’ BM teams and funders’ risk teams.