ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More
TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More
LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
LFR Accounting
Accountancy and taxation services
Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More
CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
See More
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More
Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More
GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More
Frequently asked questions
What should a restaurant look for in an accountant?
A restaurant should seek an accountant with hospitality experience who understands VAT on food, tronc systems, and payroll for tipped staff. Look for qualifications such as ACCA, ICAEW, or AAT, and check they are regulated. Experience with HMRC compliance, Making Tax Digital, and Corporation Tax is essential. A specialist can also advise on cash flow, menu pricing, and capital allowances for kitchen equipment.
How can an accountant help with VAT for restaurants?
Restaurants deal with complex VAT rules, including zero-rating for certain food items, standard-rating for alcohol, and the treatment of service charges. A qualified accountant can ensure correct VAT returns are submitted to HMRC, apply the right rates, and identify allowable deductions. They can also advise on VAT registration thresholds and schemes such as flat rate or cash accounting to suit the business.
Why is Corporation Tax important for restaurant owners?
Corporation Tax is payable on company profits, so accurate calculation is vital. An accountant can prepare annual accounts, apply allowable expenses, and claim capital allowances on equipment like ovens and refrigeration. They ensure returns are filed with HMRC on time, avoiding penalties. Effective tax planning can reduce the overall liability and improve cash flow for the restaurant.
What does Self Assessment involve for a restaurant proprietor?
Self Assessment is required for sole traders and partners in a restaurant business. It involves reporting all income and expenses to HMRC annually. An accountant can prepare and file the tax return, ensure all allowable expenses are claimed, and calculate the correct tax due. They can also advise on payments on account and deadlines to avoid interest or penalties.
How do ACCA or ICAEW qualifications benefit a restaurant?
ACCA and ICAEW are recognised professional bodies ensuring accountants meet high standards of training and ethics. A restaurant working with a qualified member benefits from up-to-date knowledge of tax law, accounting standards, and HMRC compliance. These professionals undergo continuous development, so advice remains current. They can also provide audit, advisory, and strategic support tailored to hospitality.
Can an accountant help with payroll and tips for restaurant staff?
Yes, payroll for restaurants involves complex rules on minimum wage, tips, tronc, and National Insurance. An accountant can set up and manage payroll, ensure correct tax codes, and handle pension auto-enrolment. They can advise on tronc arrangements to ensure fair distribution and compliance with HMRC. This reduces administrative burden and helps avoid penalties.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.