Energy, Renewables and Natural Resources

The Energy, Renewables and Natural Resources sector is inherently innovative. This is likely to mean that many businesses in the sector could qualify for significant Research and Development tax credits.

We advise our clients on their eligibility to access R&D tax relief and work with them to maximise the relief available, realising valuable cash savings and funds for further investment.

From inception to maturity, the one thing which unites all energy and natural resources projects is significant capital expenditure, and therefore a significant funding requirement.

Our Funding Advisory team has considerable experience in raising debt and equity funding – both from having worked in major UK banks and with many years’ experience in client advisory.

VAT in the energy, renewables and natural resources sector can include significant complexity.

At Bishop Fleming we have a dedicated VAT team, including a full-time VAT partner with significant experience in advising clients on complex VAT matters.

We believe an audit is more than a tick in a box. As auditors, we are in a hugely privileged position to bring true insight to management and key stakeholders. With higher data volumes and the shift from manual to automated processes, we have developed sophisticated data analytics tools to derive more value from the audit process. 

Our data analytics tools use your business data to perform complex interrogation routines. Results from these procedures are presented in easy-to-understand “dashboard” style visualisations. With a diverse range of clients, we are able to benchmark data against your expectations so that meaningful and relevant conclusions can be drawn.

We have embraced technology by using a secure portal to seamlessly exchange information with our clients.

We provide corporate finance advice throughout the lifecycle of your business.

For businesses looking to expand by acquisition, we provide a full lead advisory service to ensure the right deal actually happens. We can assist with finding targets, raising finance, negotiating the deal and efficiently and effectively project managing the transaction to completion.

We can also provide due diligence services, evaluating the financial and tax aspects of the acquisition, and assist with post-transaction acquisition integration.

For shareholders considering their succession plans, we can assist in assessing strategic options, preparing the business for sale, researching the market and finding potential buyers, negotiating the best deal, providing commercial and financial input to the legal process and project managing the transaction to completion.

Bishop Fleming provides core internal audit services to organisations across the public and private sectors, ranging from bespoke one-off core compliance checks on your key controls to fuller annual audit plans covering a range of areas.

We provide tax advisory services in a number of areas, including:

• Transactions and re-organisations
• Succession planning and profit extraction
• Capital allowances
• Employee ownership and share schemes
• Enterprise Investment Schemes and Seed Enterprise Investment Schemes
• R&D tax credits
• VAT planning and compliance
• International tax planning

We can help to make sure your tax affairs are managed as efficiently as possible at each stage of a project, business or personal journey.

We offer a full tax compliance service to our Energy, Renewables and Natural Resources sector clients including corporation tax compliance, annual P11d returns, VAT returns and company directors’ personal tax returns.

We have an in-depth knowledge of the sector, and by working in partnership with you we will gain a closer understanding of your organisation and personal objectives.  This enables us to provide pro-active advice on minimising tax liabilities, accessing tax reliefs and tax-efficient remuneration planning for both owner managers and their employees.