Hospitality

Providing your hospitality business with expert accountancy services.

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We offer accounting services specifically for restaurants, pubs, bars and all of the other hospitality businesses out there. We know that competition is fierce and that hospitality entrepreneurs are some of the most committed and determined business owners out there.

Our understanding of the industry shows that we are specialist hospitality accountants and the ones to go to for all your accounting needs – we can help you with VAT, payroll, bookkeeping, invoice processing and supplier payments, to name a few things.

Whether you are a sole trader, a start-up company with just a few employees or you have an established business in hospitality, we can help you get your business’s finances in order.

Why You Need An Accountant In Hospitality

Some business owners in hospitality may think they are saving money by taking their accounts into their own hands and managing them themselves – which is sometimes, but not always the case.

If you are choosing to do your accounts yourself, you need to bear in mind that what you save in money you are extremely likely to lose in time – and time in business we know is precious to a business owner, you could be using that time towards running your business.

Another reason to get an accountant for hospitality is if you are not totally comfortable or confident in your ability to manage your accounts and finances including handling tax, then it is always best to get an expert in to help you so you can be confident your business’ finances are safe and in reliable hands, saving you a job and more importantly your time.

By letting a professional accountant from LJS Accounting Services help you with your business’ accounts, we have the experience to help with difficult account issues in hospitality, some of which include the following:

  • Cash accounts, including transactions recording, budgeting and planning.
  • Supply chains and expenditure costs.
  • Cash flow problems – these can arise from nowhere and quickly escalate if not handled correctly and swiftly.
  • Help with creating competitor analysis, market research and strategy which are all key for raising finance.
  • HMRC – the food and drink industries are more likely to face inspections or be caught up in VAT scrutiny before other types of industries do – so it is important to keep a close eye on HMRC regulations.
  • Payroll can be problematic due to employment law issues and staff turnover or flexible contracts.

    How LJS Accountants Can Help You

    We know that handling accounting in such a busy and fast-paced industry as the hospitality industry can be an even harder task than normal, accounting too can be complicated at time if you are unsure about certain things.

    LJS Accounting Services will make sure that you are always compliant with the ever-changing and relevant HMRC regulations and ensure that you take advantage of tax efficiencies – and missing tax deadlines can be extremely costly, our services will ensure that you never miss a tax deadline again.

    At LJS, we deal with all the paperwork so you don’t have to, with our full range of accountancy services we know and understand how tricky or confusing the hospitality industry can be when it comes to navigating your accounts in this sector.

    Navigating tax can have its complexities with all those cash payments and tips – so let us help you put practical systems in place to make sure that you comply with the tax rules whilst keeping admin to a minimum.

    Check out our full range of accounting services on our website, whether you are based in Merseyside or somewhere in the North West of England, we can provide our quality services to you.

    Our three offices are located in Liverpool City Centre, in the suburbs of St. Helens at Mere Grange Business Park and Woodchurch Road in Birkenhead, so if you prefer a face-to-face meeting to discuss your options this is always available to you.

    LJS Accounting Services can be your hospitality accountants specialists, let us take care of the hard bit so you can get on with doing what you do best – running your business.

    WHY LJS ACCOUNTING

    We Take Pride In Our Work

    We are expert accountants that offer bespoke accounting services to Liverpool, St. Helens and the surrounding Merseyside areas to help people grow their finances or business.

    Accountants Liverpool
    Award Winning Service

    We have been acknowledged for our high-quality work by being awarded 'Accountancy Firm Of The Year' by Liverpool Awards 2020.

    Bespoke Accounting Services

    We understand that everyone's situation is different - that's why we offer bespoke advice that will benefit you moving forward.

    Testimonials

    What Our Clients Say

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