London Accountant

Hospitality & Food Accountants

Expert accounting for restaurants, hotels, bars, and food businesses. We manage the financial complexities of hospitality including tronc schemes, multi-site operations, and seasonal cash flow.

Get a Free Quote020 7946 0958

Accounting for Hospitality & Food

The hospitality industry operates on thin margins with high staff turnover, complex payroll, and seasonal fluctuations. Our hospitality accountants understand these challenges and provide proactive financial management to help your business thrive. We work with restaurants, bars, hotels, cafes, catering companies, and food delivery businesses across London, providing specialist accounting, tax planning, and business advisory services tailored to the sector.

How We Help

Tronc scheme setup and management for tips and service charges
Multi-site accounting and consolidated reporting
Complex payroll with variable hours, tips, and multiple pay rates
Seasonal cash flow planning and working capital management
Stock control and cost of sales management
VAT on food and drink (zero-rated vs standard-rated)
Alcohol duty and licensing compliance
Staff retention tax-efficient benefits

Our Services for Hospitality & Food

Tronc SchemesMulti-Site AccountingHospitality PayrollCash Flow PlanningVAT AdvisoryManagement Accounts

Frequently Asked Questions

What is a tronc scheme and do I need one?
A tronc is a system for distributing tips and service charges to staff. When properly set up, tronc payments are exempt from employer's NIC, saving you 13.8% on every pound distributed. If your business receives significant tips or adds a service charge, a tronc scheme can save thousands annually. We handle the full setup and ongoing administration.
How do you handle VAT for restaurants?
Restaurant VAT is complex. Hot takeaway food and eat-in food is standard-rated (20%), while cold takeaway food is generally zero-rated. Alcohol is always standard-rated. We ensure your till systems are set up correctly and your VAT returns accurately split the different rates.
Can you help with seasonal cash flow?
Absolutely. We create detailed cash flow forecasts that account for your seasonal patterns, helping you plan for quieter months and maximise peak periods. We also advise on tax payment timing, stock purchasing, and working capital facilities to smooth out cash flow fluctuations.

Hospitality & Food Accountants in London

Based at 124 City Road, London EC1V 2NX, we serve hospitality & food businesses across Central London, the City, Shoreditch, Islington, Camden, and all London boroughs. We also work with clients nationwide via our cloud-based systems.

Book Your Free Consultation

Hospitality & Food Specialists

Book a free consultation with our hospitality & food accounting specialists.

Book Free ConsultationCall 020 7946 0958

Other Industries

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Need a Hospitality & Food Accountant?

Our industry specialists are ready to help. Book a free, no-obligation consultation today.

Book Free Consultation020 7946 0958