MOTOR RETAIL

Specialist knowledge – Real solutions

Helping your business move up a gear…

The motor retail sector experiences continually high levels of competition with often complex issues including finance and insurance deals, warranties, vehicle leasing, bonus payments and dealer incentives. At Carpenter Box our considerable experience in this sector means we recognise this, and are therefore well positioned to advise our clients, adding real value to the operation of their business.

Carpenter Box act for a wide range of clients in the motor trade, ranging from small garages to large multi-franchise motor dealers. With our director led service, we build strong relationships with our clients and take a partnership approach. We have the knowledge and expertise to ensure that we provide proactive and timely advice enabling you to focus on taking the business forward.

We have acted as accountants and auditors to motor dealers for many years, and therefore understand how dealerships work and the conditions under which they operate. It is important that your finances are efficient and well looked after in such a highly competitive field – one that also has many specific accounting, audit and tax issues.

We can help you with:

• Consignment stock
• Composites
• Motability scheme
• Manufacturer’s bonuses
• Demonstrator stock
• Employee benefits on use of company cars
• VAT treatment of used cars, consignment stock and demonstrators

“Carpenter Box has a real understanding of the motor trade which has been invaluable. They give me commercial advice that’s of real practical value to the business, and have helped with advice on corporate restructuring & tax for the group, as well as on audit and accounting. Their appreciation of the  business issues, particularly those facing the motor trade is evident,  particularly in respect of complicated tax matters”

Eddi Zoratti, Group Finance Director, RBG Group

For more information on how we can help you, please contact Robert Dowling.

Registered to carry on audit work and regulated for a range of investment business activities by The Institute of Chartered Accountants in England & Wales.