Accountants for Hospitality Businesses

Running a hospitality business of any kind – whether it’s a start-up or an SME – can be stressful. One of the most intricate moving parts is accounting, and it’s easy to get overwhelmed.

Our team of specialist hospitality accountants can help you to take care of the financial aspects of your business. This frees up your time to focus on building your bottom-line.

At Mollan & Co, we are experts in all aspects of accounting from bookkeeping to business consulting, helping you thrive and stand out in a competitive industry.

Contact us today to book your free, no-obligation consultation.

Mollan’s hospitality accounting services in York

Our trained team of accountants can support on a variety of topics and business focuses:

• Accounts: We organise and present financial data coherently and transparently, ensuring you comply with evolving industry standards.

• Management: Leveraging balance sheets and budget forecasts, we can provide you with valuable insights to support effective and quick management-level decision-making.

• Bookkeeping: Through accessible digital data entry and reporting, we reduce the time you spend on stressful or repetitive tasks while ensuring your tax obligations are met.

• Tax compliance: Whether you run a hotel, restaurant, or mixed-use hospitality venue, we provide high-level guidance on Value Added Tax (VAT) returns, P60s, and safeguarding against potential tax investigations.
• Business consultancy: Our strategic consultancy can help you to optimise your business performance, uncover growth opportunities, and refine your financial strategy for long-term success.
• Company registration: If your business has just got started, we can make sure it is accurately registered.
• Growth: We can help you to uncover potential growth by identifying cashflow trends, assessing risks, and finding expansion opportunities for entering new markets.
• Payroll: We offer bespoke payroll processing services that save you time, reduce compliance risks, and ensure your employees are paid on time and accurately.
• Valuation: If you’re thinking of selling your hospitality business, we can handle the valuation process, ensuring you get the best return on your investment.

Hospitality businesses we support

We provide services for all types of hospitality businesses:

• Cafes, Bars and Restaurants
• Sporting venues
• Holiday and property lets
• Nightclubs
• Cruise lines
• Casinos
• Many others

Why choose Mollan & Co‘s hospitality business accountants

Mollan & Co’s hospitality accountants bring more than just financial monitoring and reporting to your business offering. Our services are geared towards optimal business performance through:

• Expertise: Intimate knowledge of hospitality taxation allows us to tackle Company Tax Returns, Corporation Tax, and Capital Gains Tax.
• Savings: We can help identify your tax relief opportunities based on what’s available in the hospitality sector, potentially reducing liabilities and outgoing expenses.
• Efficiency: While we handle your financial elements, you are free to focus on enhancing customer experiences and optimising your business processes.
• Strategy: We assess your current financial position and future goals to uncover profitable opportunities, optimise your business structure, and create a long-term success strategy.
• Compliance: Our in-depth knowledge of industry regulations – including Making Tax Digital (MTD) – ensures you stay compliant with regulations while benefiting from the latest financial efficiencies like cloud accounting.

Choose Mollan & Co’s hospitality accounting services

Mollan & Co offer extensive hospitality accounting services for businesses of all sizes.

Our goal is to use more than 40 years of financial experience to make your accounting system as hassle-free as possible.

Get in touch with us for a consultation. No obligation, just solid advice. If you’re looking to change accountants, we ensure a smooth transition.

Contact Us