Marine Industry and Fisheries

Marine Industry and Fisheries

Operating in the marine and fishing industries often means facing unique pressures. These range from navigating complex licensing and fuel duty claims to managing seasonal income and staying compliant with ever-changing regulations.

Our team of marine and fisheries accountants specialise in understanding not only the issues and compliance requirements, but the strengths of the industry.

At TC Group, we go beyond the basics. ‘Advice’ isn’t just a list of options – it’s about understanding your operation, your goals, and giving you clear, confident guidance to seize opportunities and build long-term stability.

Why do you need a specialist marine and fisheries accountant?

We work with a wide range of clients, from naval architects and offshore contractors to divers, consulting engineers, wild fisheries, and fish farms.

Our hands-on experience means we’re well-versed in the specific issues you face, including marine mortgages, quota purchase and sale, shared fishing arrangements, licensing, and more.

 

Key services for Marine Industry and Fisheries

  • Compliance & outsourcing

    • National Insurance
    • Seafarer's Deductions claims
    • Tax relief claims
    • VAT
    • Tax residency and double taxation
    • Bookkeeping
    • Payroll
      
      
  • Advisory Services

    • Employment and HR support
    • Grant and investment support
    • Raising capital and corporate
    • Finance solutions
    • R&D tax reliefs
    • Succession planning
      
      

Free, no-obligation consultation

Our team’s knowledge and experience guarantees that you have the right people on your side. Book a free consultation with our Marine Industry and Fisheries team to find out more

HR OUTSOURCING

HR Outsourcing

For on-going HR support, our outsourcing subscription packages mean we can take many HR challenges and regular tasks off your plate. Package fees are flexible based on your business’s headcount and number of hours per quarter.

Outsourced Accounts

OUTSOURCED FINANCE DEPARTMENT

TC Group has the expertise and resource to be your entire finance team, ensuring you have the support and information needed to achieve your goals.

RESEARCH & DEVELOPMENT

Research & Development

Research and Development (R&D) tax reliefs support companies that work on innovative projects.

SUCCESSION PLANNING

Succession Planning

We pride ourselves on taking the time to understand your personal objectives, equipped with sound advice and a tailored, insight-driven strategy.

VAT Planning & Structuring

Specialist VAT planning and compliance structuring to uncover opportunities and minimise your tax liabilities.

INHERITANCE TAX

Business Property Relief has been reformed from April 2026. While the existing nil-rate bands and exemptions will continue to apply, the previous maximum 100% relief rate will only be available for the first £1m of combined agricultural and business assets.

Any value above this threshold will be subject to a reduced relief rate of 50%, resulting in an effective tax rate of 20%.

TC Group can help you plan for the change in reliefs. Contact our team today.

OUR Marine Industry SPECIALISTS