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Hospitality
Leisure
and Catering
Healthcare
Cash and Carry
Transport and Logistics
Education
Manufacturing
Construction Industry
Hospitality Accountants
The hospitality industry in the UK is one of the most diversify and creative business sectors offering many opportunities to grow. It is also one of the most challenging as businesses face tighter consumer spending and rising costs especially in the casual dining sector. The industry faces competition from new and disruptive companies, leading many businesses to rethink their strategies. For example Airbnb and online travel agents, the hotel sector has changed dramatically with the rise of virtual communities.
Our Services for the Hospitality Industry
Management accounts – timely management information to help control costs and build on business strengths
Key Performance Indicators – industry relevant KPIs such as RevPAR, ARR, wages and GOPPAR
Payroll – outsourced payroll and specific advice e.g. on handling tips
Non-statutory assurance reports.
Statutory accounts, audits and corporation tax compliance.
Advice on auto-enrolment
Group structuring.
Tax planning (property taxes, Capital Gains Tax, Inheritance Tax and international concerns)
Capital allowance planning – make the most of allowances available on plant and machinery and “integral features” within buildings
Exit strategies
VAT advice and health-checks
Next Step:
Please contact us if you need further advice, have any questions about our services, or would like a free consultation with our expert hospitality accountants or a fixed quote.
IBISS team of hospitality accountants can help
Whether your business is a hotel guesthouse part of the food and drink industry or a provider of leisure facilities like a gym or leisure centre. we have the experts to help you manage your accounting and tax needs. We know how to look after financial matters around employees whether permanent or seasonal and have the knowledge to guide you through compliance, while protecting and developing your assets to the best of our ability.
Accountancy for the hospitality sector
Businesses in this sector where we can provide real value and support include:
Pubs
Community clubs
Sporting clubs
Gaming venues
Bars
Restaurants / Hotels
Cafes
Catering Business
Tourism
Offshore Parent Company Support
Managing Double Taxation, Transfer Pricing and Thin Capitalisation. Hotel companies with offshore parents face unique challenges. We offer expertise in navigating tax rules such as double taxation, transfer pricing, and thin capitalisation, ensuring your business remains compliant and optimised.
Financial Solutions for Hospitality Businesses
Expertise Across Hotels Guesthouses and Leisure Facilities
We specialise in providing bespoke financial services to businesses in the hospitality sector, ensuring that your financial and tax related needs are met with precision.
Managing Employee Financial Matters for Seasonal and Permanent Staff
We know how to manage employee-related finances, offering advice on maintaining accurate records and ensuring compliance with payroll regulations.
Compliance and Asset Protection Strategies
Our experts help you navigate compliance issues while also focusing on asset protection and development, ensuring your business is secure and positioned for growth.
Specialised Services for the Food & Drink Industry
Comprehensive VAT, Audit, and Capital Allowance Planning
We specialise in providing bespoke financial services to businesses in the hospitality sector, ensuring that your financial and tax We provide detailed services in VAT compliance, auditing, and capital allowance planning, tailored to the specific needs of the food and drink industry. Related needs are met with precision.
Offshore Parent Company Support
We know how to manage employee-related finances, offering advice on maintaining accurate records and ensuring compliance with payroll regulations.
Optimising Business Structure for Risk Management
Employee Pool Structuring for Risk Mitigation
Hotels are advised to retain their employee pool in a separate company from the main trading business. This significantly reduces employer risk and ensures that employees’ time is accurately recharged to the relevant business.
Strategic Business Structuring for Tax Efficiency
Regardless of your business size. It is essential to structure your operations to minimise trading risks and group assets in a tax-efficient manner. We assist with exit strategies, inheritance tax and capital gains tax planning, tailoring solutions to your specific needs.
Ensuring VAT Compliance Across Hospitality Services
Detailed VAT Health-Check Services
Given the wide range of services provided in hospitality accommodation, room hire, catering, laundry services, food and drink. It is crucial to remain compliant with a complex set of VAT rules. Our VAT health check service offers peace of mind ensuring your accounts are accurate and compliant.
VAT Regulations for Multi-Service Businesses
HMRC closely scrutinises businesses prone to VAT errors. We help you navigate these complexities, ensuring your VAT declarations are correct and compliant.
Get Your Free Consultation
If you would like to learn more about how we can help your Hospitality, Leisure or Catering business with its accountancy and tax planning needs, please send us your contact details and a brief message via the enquiry form on this page. We will arrange a free initial consultation at a time that suits you.
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Confused Where To Start?
Schedule a Free 15-minute discovery call by providing your contact details, mentioning your requirements, and selecting a convenient date for the call.
How our discovery call works:
- Complete Our Contact Form
- Discovery Calls Scheduled
- Receive a Tailored Proposal
We Help Our Clients
Sole Trader
HMRC Self employed registration
Self Assessment submission
Unlimited accountancy support
Dedicated client management
from £30 +VAT (Per Month)
Ltd Company
All your accountancy questions answered
Statutory Year End accounts
Corporation Tax filing
Phone and email support
from £70 +VAT (Per Month)
Tax Advice
Income Tax Planning
Overseas Workday relief
Effective Tax planning for property landlords
Capital Gain Tax Mitigation
from £150 +VAT (Per Hour)
Growing Business
Self Assessment
MTD VAT Submissions
Annual Accountancy Health check
Our speediest support & service
from £150 +VAT (Per Month)
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IQBAL ZAFAR
I have been IBISS & CO client for past 7 years. Their team is professional and proactive who assist me in filing my overseas and UK tax disclosure.
Ahmed Hussain
I’ve used them for the past few years now and I am very satisfied with their services. The staff are very amicable as well. Definitely recommend them.
Stephen Hudson
The response of IBISS and Co to my tax problem was rapid and professional. The advisor understood the problem and recommended
Andrea Callegari
Excellent service! Provided a clear explanation to my matter in a timely manner. Very helpful and polite. Highly recommend.
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John Mitchell
“IBISS & CO provided exceptional financial guidance. Their expertise and personalized approach helped streamline our investment strategy. Highly recommend for anyone seeking top-tier financial services.”
Sarah Thompson
Working with IBISS & CO was a game-changer for our business. Their insightful advice and thorough analysis led to significant financial growth. Outstanding service!
Michael Reynolds
IBISS & CO exceeded expectations with their professional and strategic approach. They understood our needs and delivered results beyond our expectations. A reliable partner in finance.”
Emily Carter
“IBISS & CO’s financial planning transformed our portfolio. Their team’s dedication and deep market knowledge ensured we made the best decisions. A trusted partner for financial success.”
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Ashton Mills
IBISS & CO provided outstanding service, handling our project with precision and care. Their expertise made a significant difference, ensuring we achieved our goals efficiently.”
Lily Parker
Partnering with IBISS & CO was a game-changer. Their dedication to excellence and proactive approach led to exceptional outcomes. Highly recommend them for any business endeavor.”
James Turner
IBISS & CO exceeded expectations. Their professional team delivered top-notch results, staying committed to our needs throughout. A trusted partner in every sense.”
Sophia Grant
Working with IBISS & CO was a pleasure. Their focus on client satisfaction and detail-oriented service ensured our project’s success. They’re a reliable and highly skilled team.”
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Sarah J
BISS & CO exceeded our expectations with their professionalism and expertise. Our project was delivered on time and flawlessly executed.
Mike L
Outstanding service! BISS & CO’s attention to detail and client-focused approach made all the difference
Jessica M
Working with BISS & CO was a breeze. Their team is knowledgeable, responsive, and truly cares about client satisfaction.
David P
BISS & CO delivered exceptional results on our project. Highly recommend their services for anyone seeking quality and reliability.
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