Restaurants/public houses
Restaurants/Public Houses
We have a large number of clients who are restaurants and public houses so have a great deal of experience in dealing with this sector. These are difficult times for the hospitality trade, with changing consumer trends, ever increasing supplier costs and the rising national minimum wage.
In addition to the normal accounting/tax ongoing compliance, we can provide general overall financial management advice, help with controlling cash flow and also on setting up tronc schemes. This is a very fluid sector and it is vital to keep record keeping up to date to provide real time financial information. We advise on what software to use for bookkeeping and point of sale recording.
Please do get in touch to see how we can help.
Latest news from [Company name]
The government has announced a temporary reduced rate of VAT for children’s meals in restaurants and family leisure activities over the summer.
Companies House and the Intellectual Property Office (IPO) are asking businesses to take special care of misleading requests for payment sent by fraudulent organisations.
Following its mention in the King’s Speech, the Small Business Protections Bill has now been put before Parliament.
Official figures from the Office for National Statistics (ONS) show that the unemployment rate in the three months to March 2026 has risen to 5% from 4.9%.
Originally proposed in last autumn’s Budget, HM Revenue & Customs (HMRC) have introduced a targeted advance assurance service for Research and Development (R&D) tax relief claims. The service, which is a pilot, aims to provide businesses with clarity on complex or high-risk areas before they make a claim.
A major police offensive was announced last week that will tackle dodgy shops linked to organised crime. Rogue high street businesses will face raids, closures and cash seizures.
Incorrect advice provided by Artificial Intelligence (AI) and other websites is contributing to a growing trend of late VAT return filing and payment.
Most businesses don’t need big ideas or complicated plans to improve profit. In practice, profits will usually increase by tightening up a few everyday things and being more deliberate about how time and effort are applied.
