Food VAT, tronc and tips, seasonal cashflow and year-end accounts for cafés, restaurants, pubs, tearooms and catering businesses across North Yorkshire.
Running a café, restaurant, pub or catering business involves a surprising amount of tax complexity — much of it specific to the sector. Food VAT alone requires careful attention: the distinction between zero-rated and standard-rated supplies isn't always obvious, and getting it wrong can lead to significant underpaid or overpaid VAT.
Add to that the rules around tips and tronc arrangements, the payroll demands of a workforce that often includes part-time and seasonal staff, and the cashflow pressures that come with a business where takings vary significantly week to week — and it becomes clear why hospitality businesses benefit from an accountant who knows the sector.
We work with a good number of hospitality clients across North Yorkshire, from independent cafés and tearooms through to pubs and restaurant groups.
These are the areas where sector-specific knowledge makes a real difference.
The VAT rules for food are notoriously detailed. Cold takeaways, hot food, eat-in meals, drinks — the correct treatment depends on exactly what you're selling and how. We make sure your VAT returns are right.
Following the Employment (Allocation of Tips) Act 2023, employers must pass tips to workers fairly and keep records. We advise on compliant tronc arrangements and the correct tax and NIC treatment.
Accurate year-end accounts for sole traders, partnerships and limited companies in hospitality — including stock, prepayments and accruals that are specific to the sector.
Seasonal businesses live and die by cashflow. Management accounts and cashflow forecasting help you plan around quieter periods and make the most of busier ones.
Hospitality payrolls are often complex — variable hours, multiple pay rates, seasonal staff, and auto enrolment obligations. We manage payroll so you don't have to.
Small business rate relief, retail relief and the interaction with your overall tax position — we make sure you're claiming what's available and factoring it into your planning.
We work with a good range of hospitality businesses across North Yorkshire. The VAT rules, the tronc questions, the seasonal cashflow patterns — we understand how these businesses work and what matters most.
Hospitality owners are busy. We give you clear, practical answers when you need them — not lengthy written advice that takes three weeks to arrive. If something's changed and it affects you, we'll let you know.
You know what you're paying before the year starts. No hourly rates, no surprise bills. For a business where cashflow matters, knowing your accountancy costs in advance is one less thing to worry about.
Free initial consultation, no obligation. We work with hospitality businesses across Pickering, York, Malton and the surrounding area.