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
AWS ACCOUNTANTS (LONDON) LLP
SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...See More
EFJ CONSULTING LTD
We are the firm of Chartered Certified Accountants based in London. We provide professional and practical help with all aspects of accountancy and tax...See More
MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies
MONEYTREE FINANCIAL LTD
Moneytree Financials' focus is to provide clients with useful, relevant and meaningful services aimed at supporting and guiding your business as it mo...See More
TaxAssist Accountants
About TaxAssist Accountants Barking At TaxAssist Accountants, we provide a personal and professional accounting service tailored to you. We help star...See More
Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...See More
Southall Accountants
We are the only accountants in the city who are dedicated to groom your business for growth. If you are a business owner, who is putting in the hard w...See More
KHAWAR & CO LTD
Khawar & Co Ltd is an active company located in London, Greater London. We are specialist accountancy firm, ready to help you with different accountan...See More
Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More
Accounting Made Simple
Accounting Made Simple is a tech-savvy accountancy and bookkeeping organization located in London which assists clients to ru...See More
YBSM PARTNERS
YBSM Partners is a Certified Accounting Firm with a difference. Providing Accounting, T...
Future Formations Ltd
Future Formations is the new generation of forming companies; we have an expert team on hand to help you take the first step towards your future. Ba...See More
Owadally & Kings Partnership
At O&K we aspire to be one of the most forward thinking accountancy firms in Croydon. Our dedicated in-house team, and external specialists, based in ...See More
Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Frequently asked questions
Why do restaurants need specialist accountants rather than general practitioners?
Restaurants face unique challenges including tronc payments, tips allocation, stock valuation, VAT on mixed food and drink sales, and high staff turnover. Specialist accountants understand these issues and can advise on menu pricing, gross profit margins and payroll compliance. They also help owners claim appropriate reliefs and avoid penalties from HMRC, ensuring accounts reflect the true trading position.
What qualifications should I look for when choosing an accountant for my restaurant?
Look for professionals regulated by recognised bodies such as ACCA, ICAEW or AAT. These qualifications indicate completed training, ongoing professional development and adherence to ethical standards. Membership ensures the accountant stays current with tax law changes, including Making Tax Digital and VAT rules affecting hospitality. Verified credentials provide confidence that filings and advice meet HMRC expectations.
How can an accountant help with VAT and Corporation Tax for a restaurant?
An accountant ensures VAT returns are accurate, applying correct rates to food, drink and takeaway sales. They advise on partial exemption and zero-rated items where applicable. For limited companies, they prepare annual accounts and submit Corporation Tax returns, identifying allowable expenses and reliefs. This reduces overpayment and avoids penalties from HMRC for errors or late filing.
Do I need an accountant for Self Assessment if I am a sole trader running a restaurant?
Yes, even sole traders must file Self Assessment tax returns annually. An accountant prepares the return, calculates taxable profit, applies allowable expenses and ensures deadlines are met. They can also advise on payments on account, National Insurance and pension contributions. This reduces stress and helps avoid HMRC penalties for inaccuracies or late submission.
What ongoing services do accountants typically provide to restaurants?
Typical services include bookkeeping, payroll, VAT returns, management accounts, year-end accounts and tax returns. Many also offer advice on cash flow, budgeting, menu costing and business structure. Some provide cloud accounting setup and training. Regular reporting helps owners monitor performance, control costs and make informed decisions about staffing, suppliers and expansion.
How does AccountingFirms help me find the right accountant in Deal?
AccountingFirms lists verified, regulated accountants with details of their services and specialisms. Users can browse local firms, compare credentials and request quotes. Established in 2019 and built by ICAEW and ACCA accountants, the directory simplifies the search process. Restaurant owners can connect with professionals experienced in hospitality accounting without relying on unstructured recommendations.
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.