As chartered accountants and business advisers in the food and drink sector, we are well placed to help you achieve your business ambitions.
We have a clear understanding of the challenges the sector faces (including gaps in the supply chain, labour shortages and consumer demands for more alternative options) and are able to offer robust commercial support and guidance. We get to know you and your business and we match your needs to our wide-ranging experience. We combine accountancy, audit and taxation compliance services with tailored strategic advice to help you identify and reach your goals.
Our clients in the food and drink industry cover the entire supply chain, from producers and growers, processors and manufacturers, distributors and wholesalers to those in the retail and hospitality industries. They range from artisan food and drink businesses serving a local market to businesses operating on a national scale with a brand to match.
I feel that PKF Francis Clark understand us and importantly, speak our language. We use them there as a resource. It’s great to be able to call on a firm with all the different specialist areas, but have one main contact that you can work closely with.
Myles Hopper, Mindful Chef
Services For The Food And Drink Sector
We offer the accounts, audit and tax compliance services you would expect, but we also have extensive experience with advising the food and drink sector on issues such as:
Access to Finance
We can help play a pivotal role in helping your food & drink company secure finance from the most appropriate sources to help your business trade and grow.
- Finance Raising – bank, grant, or equity
- Transaction advice
Employment and Skills
Our Employer Solutions team can give you expert advice on many different employment issues such as employment tax, compliance and employee benefit schemes.
Our award-winning payroll team understand the unique responsibilities that can come with running a business in the food and beverage sector. Get in touch to find out how we can provide a fully managed service so that you can focus on your business.
Innovation and Growth
The food and drink sector is operating in an increasingly global world so to stay competitive you need to know what the opportunities are to innovate and how to take advantage of them.
R&D Tax Relief
R&D (Research and Development) investment is recognised by the UK Government as key to economic success. R&D tax relief gives you the opportunity to invest your profits so that you can grow your business and fulfil your ambitions. Our food & drink specialists can help you identify the most suitable schemes and help you make a successful claim.
Tax Planning and Restructuring
Our award-winning tax team can help clients in the food and drink sector to create a strategic tax plan based on their needs to maximise their income and make sure that no unnecessary tax is paid.
Our finance experts have the knowledge and experience to advise clients in the food and drink industry on the potential options available to attract investment and secure the required funds to take their business forward.
Exporting and importing
PKF Francis Clark is a member of PKF International Network an international association of accounting, financial and business advisory firms that can help your business take advantage of the export opportunities available to the food & drink sector.
Our International Tax team can help guide you through international tax rules to mitigate risk and make sure your business meets its transfer pricing obligations.
Governance and compliance
Our specialist VAT team works with a wide range of food and drink businesses from start-ups to multinationals, providing VAT advisory services to ensure clients have the necessary plans in place to deal efficiently and effectively with complex VAT rules.
We work with clients throughout the year to make sure that submitting their accounts to HMRC at the end of the accounting period is straightforward and hassle-free.
Cloud accounting will help you get better visibility of the health of your business’s accounts- whether that’s a restaurant, wholesaler or manufacturer. We have food and drink specialists who will recommend the right accounting software for you and deliver as much support as necessary.
Audit and Assurance
We provide a wide range of audit and assurance services including statutory and non-statutory audits and all elements of financial reporting.