Hassle-free Accounting with Hospitality Accountants
How about working with accountants that have helped grow several food brands into multi site restaurants. It takes a lot to make a success of a hospitality business, right locations, great food and not to forget good financial management. We help you grow your business and maintain a good control over its finances.
At Tax Qube, we offer the following industry based solutions;
Multi site or single site management reporting and cash-flow forecasting
Maintain robust, month-by-month control over your all-important operational finances. Even if you have a central kitchen and sites are a mix of profit and cost centers, we have developed in-house solutions to handle this level of complexity with ease. Some of our clients have grown to five sites within three years.
Tax Tips & Savings
We help your business to become tax efficient by using tax planning tips and techniques. We often see professionals who are paying too much tax as a result of making mistakes themselves or using non-specialist accountants.
Qualified and Experienced Accountants
Being specialists in helping the hospitality industry means that we can quickly identify your requirements and deal with any problems efficiently and effectively. We are able to transform messy books into neatly organised records using Xero accounting software as a tool.
Management accounts and reports
This is our most popular service and it enables business owners to keep track of income and expenses. It is a powerful management tool that deliver a good return on investment by strengthening your decision making skills that make a considerable difference in the overall business performance.
Site acquisitions and disposals
Get expert tax advice on your property transactions.
Take advantage of capital allowances on the fit-out, refurbishment and development of venues and the installation of IT systems.
Payroll HMRC submissions
Our payroll process is designed to take the stress out of managing payroll and sub-contractors. We can help you to stay on top of legislation such as IR-35 and meeting those obligations on behalf of the employer.
Research and development tax credits
R&D tax credits are used to fund your business where applicable. It is not a loan that needs to be paid back, this is your money to grow the business and hire more staff. We have seen a lot of innovative activities within eligible companies that are often ignored/overlooked. We work on a no-win no fee to deliver extra cash into your business.
This is one of the biggest cost to most companies. However, we have seen returns being poorly prepared which can lead to over payment of tax without realising. As record keeping is done at the same time as the preparation of VAT returns, tax planning is also difficult if data is not reliable. We offer cost-effective solutions to companies to ensure good compliance with less stress.
Automation of admin tasks
We use cloud technology that enables software to talk to each other and cut the admin work. We actively monitor how you are maintaining company processes and advise on how to upgrade systems where possible. A lot of repetitive tasks can be automated and our clients benefit from “sensible” automation.
We deal with HMRC and companies house on your behalf. We have our clients’ best interest at heart. You can discuss all financial matters with us with confidence and confidentiality.
Appoint an outsourced FD
You can hire an outsourced Finance Director to help you grow and manage the business. By adopting to an outsourced FD service, you can ask questions and discuss financial matters at a reasonable price. Our retainers are subject to availability, please contact us for more information.
Cash flow management
Having an adequate cash flow in business is extremely important. We can help you manage cash flow and provide assistance in raising finance.
Please complete the “contact us” form below and tell us which services are of interest. We are happy to agree a fixed fee for the required services. We can also offer you interest-free monthly installments.