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Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More

Accounting4Actors
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KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More

BLUEBIRD ACCOUNTANCY LIMITED
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Ahmed-Cliffords Ltd
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MQPLUS LTD
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AWS ACCOUNTANTS (LONDON) LLP

SARA COOPERS ACCOUNTANTS LTD
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John Lavender accounting ltd
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Rochvilles & Co Accountants Ltd
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TaxAssist Accountants
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Southall Accountants
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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

MONEYTREE FINANCIAL LTD
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YBSM PARTNERS
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MADE SIMPLE GROUP LIMITED
Founded in 2003, we've formed over 1 million companies and helped thousands of business owners start, run and grow their business. We help you form ...See More
Frequently asked questions
Why do restaurants need specialist accountants rather than general practitioners?
Restaurants face unique financial challenges such as perishable stock, tip distribution, and complex VAT rules on food versus drink. Specialist accountants understand these nuances, ensuring accurate records and maximising allowable expenses. They also advise on tronc systems and licensing costs, helping hospitality owners remain compliant with HMRC whilst improving profitability.
What qualifications should I look for in a restaurant accountant?
Look for professionals accredited by ACCA, ICAEW or AAT. These bodies ensure members meet rigorous ethical and technical standards. A qualified accountant will handle Corporation Tax, Self Assessment, and VAT returns correctly. They also stay updated on HMRC changes, such as Making Tax Digital, protecting your restaurant from penalties and unnecessary tax liabilities.
How can an accountant help with VAT for my restaurant?
VAT on restaurant sales can be complex, especially with differing rates for eat-in, takeaway, and cold food. An experienced accountant assesses whether flat rate, cash accounting, or standard schemes suit your turnover. They prepare and file VAT returns, ensure input tax is reclaimed correctly, and advise on HMRC compliance, reducing the risk of errors.
Does AccountingFirms charge restaurant owners to use the directory?
No, AccountingFirms is free for users seeking accountants. The platform connects restaurant owners with verified professionals in Stansted Mountfitchet. You can browse profiles, compare services, and contact firms directly without any obligation. Fees are agreed solely between you and the chosen accountant, ensuring transparency and control over your budget.
Can an accountant assist with payroll and pension auto-enrolment for restaurant staff?
Yes, many accountants offer payroll services including calculating wages, deducting PAYE, and managing auto-enrolment pensions. They ensure staff tips and tronc are taxed correctly, issue payslips, and file Real Time Information submissions to HMRC. This reduces administrative burden and helps restaurant owners avoid penalties for non-compliance.
What should I prepare before meeting a restaurant accountant?
Gather recent bank statements, sales records, supplier invoices, payroll data, and previous tax returns. Also note any VAT returns filed and correspondence from HMRC. Having these documents ready allows the accountant to assess your position quickly, identify opportunities for tax savings, and provide tailored advice for your restaurant’s financial strategy.
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