Hospitality & Catering
Hospitality & Catering
Hospitality & Catering
Ensuring exceptional guest experiences and financial stability in Hospitality and Catering is our focus.
For hospitality businesses, including hotels, restaurants, resorts, and event venues, we offer comprehensive solutions designed to streamline operations and optimize revenue streams. From financial reporting and payroll management to budgeting and tax planning, our expertise enables Hospitality businesses to thrive. Similarly, in the Catering industry, where profit margins can be tight and inventory management is crucial, our services ensure operational efficiency and financial stability.
There can be numerous trades involved in hospitality & catering, which include:
- Restaurants
- Catering companies
- Food delivery services
- Food trucks
- Bakeries
- Hotels
- Resorts
- Bed and breakfasts
- Event venues
- Bars and lounges
- Tourist attractions
Our accounting team can assist hospitality & catering businesses in implementing efficient inventory management systems, optimizing cost controls, and budgeting effectively to maximize profitability. We also offer expertise in tax planning and compliance to ensure businesses can navigate complex regulations while minimizing tax liabilities.
With our tailored approach, we provide the financial insights and support needed for hospitality & catering businesses to thrive in a competitive market.
Chappell Associates support the following sectors.
Latest news from Chappell Associates
The UK government has intensified its crackdown on illegal working, with January 2025 seeing record enforcement activity. Home Secretary Yvette Cooper announced these efforts as the Border Security, Asylum, and Immigration Bill returned to Parliament last week.
Following the reduction in the Bank of England base rate, HM Revenue & Customs (HMRC) have confirmed that their interest rates will be reduced accordingly.
Legislation was laid before Parliament last week confirming that the new National Living Wage and new Minimum Wage rates will take effect from 1 April 2025.
HM Revenue and Customs (HMRC) have revealed that 37,000 people have plugged gaps in their National Insurance (NI) record since last April, boosting the amount of State Pension they will receive when they reach retirement age.
The government announced major plans last week to modernise the house buying and selling process. The reforms centre on digitalising and making property and identity data available electronically. This will allow mortgage companies and surveyors to have information within easy reach.
The Bank of England reduced their base rate to 4.5% last week, as had been widely expected in the days leading up to the decision.
The Prime Minister and Chancellor met with business leaders last week and unveiled proposals to give occupational defined pension schemes more flexibility.
The new economic secretary to the Treasury, Emma Reynolds, has said that there are no plans to regulate businesses, whether big or small, to compel them to accept cash.
The government has set a pathway towards all new cars and vans being zero emission by 2035. This zero emission vehicle mandate became law on 3 January 2024.
This winter has been one of the mildest on record so far, but there is still time for a cold snap, and this often raises questions about whether it is too cold to work. In fact, this question is one of the most popular topics on the HSE website.
The government has announced new UK-wide plans designed to make it easier to recycle electrical goods.
Coming into force from 1 January 2024, the Working Time Regulations, as amended by The Employment Rights (Amendment, Revocation and Transitional Provision) Regulations 2023, introduced reforms that simplify holiday pay and entitlements.
Arculus Ltd, a cyber security consultancy, has been tasked by the UK government to lead a pilot project that is aimed at helping directors of UK organisations in managing their cyber security risks.
Innovate UK BridgeAI is funding an online training course to help businesses and organisations explore digital, data-driven and AI technologies.
