Restaurants & Hotels
Full tables or bedrooms and a bustling atmosphere are only part of the challenge in the hospitality industry. Making a profit from your restaurant, bar, pub or hotel needs special skills.
Business advice for restaurants and hotels
Not only do we have many years' experience working with clients in the hospitality sector, but many of our accountants have direct experience owning and running hospitality businesses. We use the expertise we have gained to help you run and expand your hotel, gastro-pub, restaurant or catering business. And, to make sure it's profitable.
Our advice includes:
- A detailed look at operations to maximise returns
- Flash reports to help control costs, yields and margins
- Industry specific KPIs
- Expansion, franchising and valuations
- Our aim is to provide the management information necessary to maximise profitability.
Accounting and tax for restaurants & hotels
We know how stressful it can be for you to keep on top of tips, VAT and payroll. We can advise on these issues as well as others you face, such as:
- Cash flow forecasts and management accounts to keep an eye on profitability
- Service charges and Tronc systems
- Minimum wage legislation
- Employing people under 21
5th October 2018The government has decided not to proceed with plans to abolish Class 2 National Insurance Contributions (NICs) from April 2019…5th October 2018Following the issue of some ‘no deal’ Brexit technical notices, in August, the government has issued further notices with the aim of helping both businesses and individuals to prepare in the event of a UK-EU agreement not being realised…5th October 2018For those individuals who have previously submitted ‘paper’ self assessment tax returns the deadline for the 2017/18 return is 31 October 2018…
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