Accounting & Tax Services for the UK Energy Industry

The energy industry is one of the most regulated and operationally complex sectors in the United Kingdom. Whether your business operates in renewable energy, traditional utilities, engineering, construction, installation, green technologies, infrastructure development or oil & gas, financial management and compliance remain critical challenges.

The sector is undergoing rapid transformation:

• The rise of renewable energy (solar, wind, hydro, biomass)
• Expansion of EV charging infrastructure
• Growth of energy efficiency & smart home technologies
• Increasing environmental reporting requirements
• Complex VAT rules for energy and installation services
• Heavy regulatory compliance
• Fluctuating material and labour costs
• High demand for accurate financial forecasting
• Government incentives and grants (and audits for them)

Energy businesses often deal with:

• multi-stage projects
• subcontractors and CIS
• asset-heavy investments
• compliance with OFGEM, BEIS and UK energy regulations
• cross-border energy equipment imports
• complex corporate structures
• rapid scaling
• long-term contracts and deferred income
• seasonal variations
• strict project costing

At Audit Consulting Group, we specialise in accounting and tax services for the energy industry.
We support:

• Solar panel installation companies
• Renewable energy developers
• Wind turbine contractors
• EV charging installers
• Battery storage companies
• Smart home energy technology providers
• Traditional utilities and service providers
• Engineering & EPC contractors
• Biomass, biogas & waste-to-energy firms
• Gas engineers & heating specialists
• Oil & gas suppliers
• Energy consultants

Why Energy Companies Need Specialised Accountants

The financial structure of an energy company is not the same as a traditional business. You deal with:

• CIS for installation teams
• VAT complexities on energy-efficient products
• tax relief on equipment and capital assets
• grants and government incentives
• multi-phase construction projects
• subcontractor management
• PAYE for field engineers
• fluctuating material costs
• R&D opportunities
• environmental compliance taxes
• installation warranties & deferred revenue

A general accountant cannot fully support the financial needs of the energy sector.
This is why specialist industry knowledge is critical.

Audit Consulting Group provides:

• accurate project costing
• profit analysis per site/installation
• compliance with energy VAT rules
• subcontractor tax management
• payroll for engineers and installers
• corporation tax optimisation
• capital allowance claims on equipment
• support for grants and government schemes
• financial modelling for energy assets

Full Service Accounting for the Energy Industry

Bookkeeping & Reporting for Energy Companies

Energy companies run large, complex operations with many moving parts. Proper bookkeeping is essential for compliance and accurate cost management.

We offer:

Bookkeeping Services

• Bookkeeping
• Self-Employed Bookkeeping
• Xero Bookkeeping
• QuickBooks Bookkeeping
• Sole Trader Bookkeeping
• Small Business Bookkeeping
• Construction Bookkeeping (ideal for installers & EPC contractors)
• Real Estate Bookkeeping (for energy assets and land leases)
• Payroll Bookkeeping
• Outsource Bookkeeping
• Basic Bookkeeping
• Accounting Bookkeeping

Energy-specific bookkeeping includes:

• recording material purchases
• labour and subcontractor cost management
• tracking installation jobs
• analysing cost overruns
• recording equipment depreciation
• monitoring grants & subsidies
• project profitability analysis
• compliance with environmental VAT rates
• handling international equipment invoices

Bookkeeping Contracts & Templates

We create custom agreements for:

• subcontractors
• engineering teams
• installation crews
• EPC project partnerships

Management & Annual Accounts

We prepare:

• Management Accounts
• Annual Accounts
• Ltd Company Accounts
• Companies House Annual Accounts Filing

We highlight key industry financial metrics:

• cost per installation
• energy asset value
• capital allowances
• project profitability
• equipment amortisation
• wage-to-output ratios
• maintenance cost forecasting

Tax Services for the Energy Industry

The UK energy sector has some of the most complicated tax rules due to:

• green energy incentives
• equipment depreciation
• construction-related tax obligations
• VAT reductions for energy-efficient products
• CIS requirements
• capital investment structures

Audit Consulting Group handles all tax matters with precision.

CIS Services for Installers & Contractors

Most energy businesses rely heavily on contractors, especially:

• solar installers
• EV charging engineers
• heating and gas engineers
• wind turbine contractors
• groundworks teams

We offer:

• CIS for Subcontractors
• CIS & VAT Compliance
• CIS Penalties & Appeals
• CIS Refunds & Reclaims
• Gross Payment Status
• Registration for CIS
• Filing for CIS
• CIS for Self-Employed

Personal Tax & Self-Assessment for Energy Professionals

Self-employed energy workers benefit from:

• Personal Tax / Self-Assessment
• Self-Employed Deductions & Allowances
• Making Tax Digital compliance
• Tax Account Management
• Penalties & Appeals
• Personal Tax Filing
• Individual Consultations

Allowable expenses may include:

• tools and equipment
• travel to installation sites
• protective clothing
• training and certifications
• home office use
• vehicle mileage

Small Business Tax Services for Energy Firms

We support:

• new installation companies
• small renewable energy firms
• local engineering teams
• gas engineers
• electricians
• EV installers

Services include:

• Small Business Tax Returns
• Tax Planning
• Self-employed Registration
• Corporation & VAT compliance

VAT Services for the Energy Industry

VAT in the energy sector can be extremely complex due to:

• reduced rates (5%) for certain energy-efficient materials
• standard rates for others
• reverse charge VAT for construction
• cross-border equipment purchases
• digital invoicing requirements
• microgeneration equipment
• EV charging installations
• maintenance vs installation VAT rules

We provide:

• VAT Compliance & Advisory
• VAT Deregistration
• VAT Reclaim & Refunds
• VAT Registration
• VAT Filing & Submission
• VAT Number Verification
• VAT for Specific Sectors
• International VAT Support

We ensure you never overpay or miscalculate VAT — especially important during audits.

Corporation Tax for Energy Companies

Energy firms often invest heavily in assets, equipment, machinery and installations — which creates major tax planning opportunities.

We assist with:

• Corporation Tax Filing
• Corporation Tax Returns
• Tax Planning
• Expense & allowance optimisation
• Capital allowances for machinery
• R&D Tax Relief for energy innovation
• Corporation Tax Appeals

Our tax strategies reduce your liability while staying fully compliant.

Advanced Tax Planning

Services include:

• Retirement Tax Planning for business owners
• Inheritance & Estate Tax Planning
• High-Net-Worth Tax Strategies
• Penalty Appeals
• Long-term corporate structuring

Energy companies often grow fast — we ensure your tax structure grows with you.

Payroll & Pension Services for Energy Companies

Field teams, engineers and subcontractors require precise payroll management.

We offer:

Payroll Services

• Payroll Software Solutions
• Online Payroll
• Xero Payroll
• QuickBooks Payroll
• Sage Payroll
• Payroll for Engineers
• Payroll Reconciliation
• CIS Payroll
• Monthly Payroll
• Payroll for One Employee
• Contractor Payroll
• Outsourced Payroll Management
• Setup & Implementation

Pension Services

• Pension Scheme Management
• Directors’ Pension Advice
• Pension Tax Reclaims
• PAYE Registration & Filing

Company Formation & Corporate Governance

We help energy companies structure themselves for:

• growth
• investment
• compliance
• subcontractor operations

Services include:

• Company Formation
• Confirmation Statements
• EORI Registration (ideal for imported energy equipment)

Advisory Services for the Energy Sector

We provide expert guidance in:

• Overseas Tax Advice for global suppliers
• General & Individual Consultations
• Investment and funding advice
• Financial strategy for energy asset acquisition
• Cashflow forecasting
• Grant and subsidy compliance
• Risk and cost analysis

Case Studies

Case 1 — Solar Installation Company

This firm struggled with CIS, VAT and project costing.
We delivered:

• CIS compliance
• VAT planning for mixed-rate installations
• Cloud bookkeeping
• Monthly financial reports

Result: profit margin increased by 18%.

Case 2 — EV Charging Network Developer

A rapidly growing company needed payroll, bookkeeping and corporation tax management.

We implemented:

• automated payroll
• management accounts
• VAT reclaim on imported equipment
• tax forecasts

Result: saved £42,000 in tax in one year.

Case 3 — Wind Turbine Engineering Firm

Issues: subcontractor management and project cost overruns.

We introduced:

• CIS management
• project costing tools
• improved bookkeeping flow
• structured reporting

Result: cost overruns dropped by 23%.

Client Reviews

Mark Henderson, Director — EcoCharge UK
“Audit Consulting Group understand energy VAT and CIS better than anyone we’ve worked with. They transformed our financial systems.”

Sophie Langley, CEO — GreenVolt Installations
“They handled our accounts during rapid expansion and helped us structure the business for investment. Highly professional.”

David Woods, Owner — Woods Heating Services
“Reliable, friendly and extremely knowledgeable. They manage our payroll, bookkeeping and CIS perfectly.”

FAQ

Do you support both renewable and traditional energy businesses?

Yes — solar, wind, gas, oil, EV, biomass, engineering and more.

Do you work with subcontractor-heavy businesses?

Absolutely. We specialise in CIS and contractor management.

Can you help with VAT on energy-efficient materials?

Yes — we understand reduced rates and compliance rules.

Do you support large, multi-site energy companies?

Yes — including full reporting, payroll and tax planning.

Ready to Power Your Business with Expert Accounting?

Audit Consulting Group
+44 7386 212550
info@auditconsultinggroup.co.uk