Rated 5.0 on Google Fixed fees agreed in writing Xero and QuickBooks certified ACCA qualified, AAT licensed Luton office, clients across the UK
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Accountants for engineers who put your next quarter in order

Accountants for engineers who need more than a year-end filing. We plan around day rates, framework income, payroll, dividends and the decisions that change your company tax.

The risky point often comes before the accounts: taking a larger dividend, hiring for a framework or changing your day rate. We set the year up so those choices come with an answer and the tax bill doesn’t arrive as a surprise.

Engineering limited companiesLuton or remote
Check if you fitAsk Fasih a questionRead the guides

Fiscal Umbrella is a Luton accountancy and tax practice for engineering consultancies and contractors running limited companies. Fasih Khan, who is ACCA qualified, handles accounts, corporation tax, payroll and director tax planning for a fixed fee agreed in writing.

5.0
Verified Google reviewsRead them
I was stuck with my R&D claim, but Fiscal Umbrella helped me navigate it smoothly. They're professional, efficient, and truly know their stuff.… Cartel Media
Accountants for engineers: example monthly compliance tracker Engineers

Your next framework changes more than the sales forecast

5.0 · Luton or remoteCheck if you fit
  • Fasih Khan ACCA
  • Fixed fees in writing
  • Luton office
  • UK-wide remote

What changes before the next decision lands

01

Approve dividends with the tax checked

See the likely corporation tax position before you approve dividends or commit company cash.

02

Set day rates that support the company

Set a day rate that covers company costs, payroll and the director’s pay.

03

Price the next framework hire properly

Map payroll and cash commitments before the employment offer goes out.

Where engineering company decisions start costing more

The accounts may be correct while the useful advice still arrives too late.

  • Hire

    “We won the framework, hired quickly and only discussed corporation tax when the year-end accounts arrived.”

    Payroll and the later tax payment then competed for the same company cash.

  • Dividends

    “I kept taking the same salary and dividends because nobody had reviewed them since incorporation.”

    The director made each withdrawal without checking the company tax or personal tax position first.

  • Switch

    “Each time our account manager changed, we had to explain the contracts, day rates and payroll again.”

    Advice became slower and each new decision started with the same background conversation.

  • Day 90

    What changes once the advice is in the room

    Day rates are tested against payroll, overheads and tax. Dividends are checked before they are declared. Framework hires are planned while the offer can still change.

Quick check · no email

If your accountant can’t check your pay structure, forecast your tax bill before it lands and reply this week, you have the wrong accountant

Answer each question about the accountant you use now.

Question 1 of 3

Could they tell you this week whether your salary and dividend mix still suits the company?

What a filing service covers, and what it leaves open

A year-end service can keep filings up to date. The question is whether advice arrives before the decision.

A filing-focused service

Prepares statutory accounts after year end

Submits the corporation tax return

Runs payroll from the information supplied

Explains tax after the accounts are drafted

Advice during the year

Reviews salary and dividends before withdrawals

Forecasts corporation tax before year end

Tests framework hires against payroll and cash

Uses current contracts to guide the next decision

The engineering accounts checklist that exposes the gaps

A yes to each question means the main decisions are being covered before year end.

  • 01

    Is your day rate tested against company costs and director pay?

    The rate should support the company after payroll and overheads.

  • 02

    Are framework payment dates reflected in your cash plan?

    Committed costs should be checked against when the customer actually pays.

  • 03

    Is your salary and dividend mix reviewed during the year?

    The answer should change when company profit or personal circumstances change.

  • 04

    Is corporation tax estimated before the accounts are drafted?

    The estimate should arrive while dividend and spending decisions remain open.

  • 05

    Has anyone checked your payroll for employment allowance?

    Single-director payrolls deserve a specific review.

  • 06

    Are contract costs captured before year end?

    Software, travel, equipment and subcontractor costs should reach the bookkeeping promptly.

  • 07

    Can you see what each contract contributes after payroll?

    Management accounts can show which work supports the next hire.

  • 08

    Can your accountant answer a decision this week?

    A useful answer needs to arrive before the contract or payment is committed.

What we handle after the set-up review

The agreed work follows the decisions your engineering company makes during the year.

Accounts

Year end without the late surprise

Year-end accounts, corporation tax, VAT and bookkeeping are kept ready for the filing dates.

Pay

Director pay checked before withdrawal

Payroll, salary, dividends, employment allowance and the director’s personal tax are reviewed together.

Frameworks

Contract decisions backed by current information

Management accounts support day-rate reviews, framework hires and decisions about company cash.

All Who we work with →

Entry 01

The payroll check many engineering directors never get

A single name on payroll can close off an allowance that nobody has discussed.

Figure£10,500most single-director companies miss
Found byThe review starts with who is on payroll and whether the company can claim the employment allowance.
ResultAdding a family member who genuinely works in the business, paid above £5,000 a year, can put it back in reach. The same conversation checks the salary and dividend mix.
AlsoThe point is to review director pay before year end, while the available options can still be considered.
Found by
Result

What clients say

I was stuck with my R&D claim, but Fiscal Umbrella helped me navigate it smoothly. They're professional, efficient, and truly know their stuff. Highly recommended
Cartel Media · Google review · a year ago
Excellent service! The team is professional, responsive, and always helpful. My payments are always on time, and they make everything easy to understand. Highly recommend Fiscal Umbrella Accountants!
faisal jalal · Google review · a year ago
The team at Fiscal Umbrella has been amazing—professional, efficient, and always supportive. I trust them completely with my finances. Highly recommend!
Muskan Mattu · Google review · a year ago

How your engineering accounts change through the first quarter

Each stage removes a decision that currently depends on late accounts or a delayed reply.

Before day one

The important gaps are found early

Fasih reviews your day rates, frameworks, payroll, software and how you take money from the company.

Day 30

Your handover is under control

Once the scope is agreed, we contact your current accountant and collect the bookkeeping files, returns and payroll history.

Day 60

Payroll and bookkeeping match the contracts

Your working setup reflects framework income, company costs, payroll dates and the information needed for year end.

Day 90

Your next decision has a tax answer

The working routine covers corporation tax, dividends and hiring while there is still time to act.

Who gets the most from this process

This page is for limited companies, so sole traders, partnerships and LLPs aren’t taken on here.

Companies below the practice’s turnover threshold aren’t taken on through this page.

Fees need to be paid as agreed rather than deferred until a contract pays.

You’ll need to use the recommended bookkeeping or payroll software where a change is necessary.

Answer a few quick questions first. If there is a fit, the free review confirms what should happen next.

Questions engineers ask before changing accountant

What is included in the monthly fee for accountants for engineers?

The scope is agreed in writing before work starts. For an engineering limited company, it can cover bookkeeping, payroll, VAT, year-end accounts, corporation tax, the director’s Self Assessment and ongoing salary and dividend planning. Management accounts can be included where contract margins, framework income or hiring decisions need regular attention.

Can we speak to Fiscal Umbrella if we already have an accountant?

Yes. Start by answering a few quick questions. If there is a fit, Fasih reviews how your current accountant handles tax forecasts, director pay and payroll. You can compare that with what you receive now. Nothing moves unless you decide the change is worthwhile.

Do we have to move our engineering company onto new accounting software?

No automatic move is made. Fasih first checks whether your current bookkeeping and payroll setup can support timely accounts and useful management reports. Fiscal Umbrella supports Xero, QuickBooks, Hubdoc and Dext. If a change is needed, setup, mapping and training are included in the agreed work.

What happens with our current accountant when we switch?

Once you accept the written scope, Fiscal Umbrella contacts your current accountant, requests the company bookkeeping files and completes the handover. Live VAT, payroll and filing deadlines are checked first. Fasih then reviews anything outstanding before advising on the next company decision.

What do accountants for engineers help with?

They can handle statutory accounts, corporation tax, VAT, payroll, bookkeeping and the director’s personal tax. The useful work happens before a decision: checking salary and dividends, forecasting tax, reviewing the cost of a framework hire and using management accounts to see what each contract contributes after payroll and overheads.

Can an accountant help an engineering contractor plan day rates and dividends?

Yes. Company costs, payroll, expected contract income and director pay need to be considered together. Fasih reviews the salary and dividend mix before money is taken out, then links that decision to the likely corporation tax position and the cash needed for the next framework or hire.