Finance advisors reviewing business performance in a London office
Specialist Accounting

Hospitality & Restaurant Accounting

Bookkeeping, VAT, payroll, stock, gross-margin and profitability reporting for restaurants, cafés, takeaways and food businesses.

Overview

How we help with Hospitality & Restaurant Accounting

Hospitality runs on thin margins and daily decisions. Weekly numbers on GP and labour are worth more than a perfect set of accounts nine months late.

We handle the sector-specific work: EPOS and delivery platform reconciliation, tips and troncs, stock and wastage, and reporting gross profit and wage percentage against benchmarks on a weekly or period basis rather than annually.

Payroll in hospitality means variable hours, high turnover, holiday pay and National Minimum Wage compliance across age bands — all of which we run as part of the service. On VAT we deal with the split between eat-in, takeaway, cold food and alcohol.

Hospitality & Restaurant Accounting support from TaxMech Consultants
What's included

Everything covered in this service

Scope is agreed in writing before we start, and the fee is fixed against it. If something falls outside, we tell you what it costs before doing it.

  • EPOS, card and delivery platform reconciliation
  • Weekly or period gross profit and wage percentage reporting
  • Stock, wastage and cost of sales analysis
  • Hospitality payroll, tips, troncs and holiday pay
  • National Minimum Wage compliance checks
  • VAT treatment of eat-in, takeaway, cold food and alcohol
Who it's for

Built around how you actually operate

Restaurants and cafés

Single sites and small groups needing timely margin figures.

Takeaways and delivery-led businesses

Operators with significant Deliveroo, Just Eat or Uber Eats revenue.

Bars and multi-site operators

Businesses comparing performance across sites.

FAQs

Hospitality & Restaurant Accounting — common questions

How is VAT applied in hospitality?

It depends on the item and how it is consumed. Hot food and eat-in are generally standard rated; most cold takeaway food is zero rated. Getting the split right at EPOS level is essential.

How are tips and troncs taxed?

Treatment depends on how tips are collected and distributed. A properly operated tronc changes the National Insurance position, but it has to be set up and run correctly to hold up.

How is your fee worked out?

Fixed fee, agreed before we start. Pricing depends on the size and complexity of your business, so get in touch for a free, no-obligation quote.

Can you help if we're switching from another accountant?

Yes. We handle professional clearance with your previous accountant and update the agent authorisations with HMRC and Companies House, so you don't have to manage the handover.

Let's talk about Hospitality & Restaurant Accounting

Tell us where you are now and what you need. We'll come back with a fixed fee and a clear scope — no obligation.

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