Hotels, Tourism and Leisure

Specialist advice to hotels, restaurants and visitor attractions.

We help you achieve your goals, so you can relax.

Hotels, tourism and leisure make a huge contribution to the economy of the South West and West Midlands. At Bishop Fleming we have set up a team of specialist accountants, business and tax advisers to focus on the needs of the sector.  We recognise there are a diverse range of businesses in this sector which all have important roles to play in maintaining and developing the local economies and all of which require advice tailored to their individual business objectives. Our services have been in great demand and we advise more than 200 hotels, restaurants, visitor attractions and tourism related businesses large and small.

The team, led by Will Hanbury, is very familiar with the pressures on businesses in the sector, such as seasonal variations in cash flow, complex tax legislation and the burden of ‘red tape’. We aim to become a key part of the success of your business by helping you with the provision of essential management information, advising you on how to comply with tax and accounting legislation and giving you support on strategic planning to ensure you have the best chance of achieving your short and long term goals.

We proactively campaign for VAT reforms to support tourism and related businesses, both in the South West and the rest of the UK. We fully understand the importance of the sector to regional and national economies.

Your specialist adviser will offer you accounting, tax and business advisory services. In addition, we’ll work closely with you and get to know your business really well, so that our recommendations will make a real difference. We’ll base our advice on a detailed knowledge of the industry, its trends and dynamics and how developments in the sector are likely to affect you.

Whether you are new to the hotel, tourism and leisure sector, or would simply like to learn more about how we might be able to help you, please get in touch.

Our Services

Tax savings

Working alongside our specialist tax colleagues, we can help you:

  • Minimise your year-end tax liability
  • Find tax efficient ways to extract your profits
  • Look at how to minimise your capital allowance claims
  • Review your shareholder/owners objectives and personal tax savings opportunities
  • Plan for changes to employment tax and pension

We continually strive to come up with innovative ways to help our clients improve the performance of their business.  To date, we have helped a significant number of businesses generate tax savings which they have been able to re-invest in their business.

Payroll and staff employment

With the growth of employment red tape, payroll administration has become an increasingly complex, costly, and time-consuming distraction. We streamline processes and where possible, reduce payroll costs.

Whether you pay your staff weekly or monthly, by BACS, cheque, or cash, our flexible Payroll Department can meet the needs of even the most demanding of payroll requirements. If someone starts, leaves or their salary payment is to change in any way, simply tell us and we will take care of the rest.

Our specialist Payroll Bureau has been in place for over 30 years and provides payroll services throughout the UK.  It is ISO 9001-2008 registered and BACSTEL-IP approved meaning our clients are provided with the speed, security and ease of transactions provided by no other service or system.

Buying and selling businesses

If you’re considering buying or selling a business in the hotel, tourism and leisure sector we can work with our colleagues in our Corporate Finance team to ensure you are provided with the tailored advice you need.  Our experts can advise on the various methods of raising funds and choosing the most suitable option for your individual circumstances.

Management Information

From providing specialist advice on choosing the right accounting system for your business, to preparing detailed management accounts, we can help you get the best out of your business.

Our advisers can help you put your figures into perspective and discuss with you what the management accounts actually say about your business.  We can help you identify the key performance indicators for your business and look at what other factors may be significant.

Hotels, Tourism and Leisure Documents

Hotels, Tourism and Leisure News

Related Services & Sectors