Our Tourism & Leisure team have worked with hotels of all sizes. From small independent family run hotels, through to those with 80 plus bedrooms.
We understand the complexities and pressures of running a successful hotel. Our Leisure & Tourism team are always on hand to help.
Tax & VAT
We can make sure you only pay the right amount of tax. We can:
- Advise on all aspects of hotel purchase including apportionment of the purchase price and claiming tax relief on items “hidden” within the property.
- Clarify exactly where to charge VAT and what can be claimed.
- Help you with longer term tax planning to save you tax when you come to sell the hotel.
We can help you maximise the profitability of your hotel business. We offer:
- Specialised accounts, including management accounts illustrating key performance indicators.
- Financial reviews to identify any problem areas and offer suggestions for corrective actions.
- Assistance with the setting up of your accounting records and systems.
Staff and Payroll
Employment issues for permanent and casual staff can be a minefield. Our services include:
- Advising on how to monitor exactly where and when labour costs are incurred. We can also advise on pay rates and bonus/incentive schemes.
- Running your payroll services.
- Managing and advising on how to stay compliant with HMRC on non-cash perks for your staff e.g. accommodation, fuel, meals, uniforms etc.