Running a hospitality or food business in the UK has specific financial challenges. You need to handle changing cash flow and follow complicated VAT rules. Every restaurant, café, takeaway, food truck, and catering business requires a good accounting partner.
At Clarkwell & Co., we offer accounting services customised for the hospitality industry. We help business owners save time, lower taxes, and increase profits. Whether you own a small family café or a large restaurant chain, we understand your challenges and provide solutions to keep your finances in check while you focus on serving great food and service.
The hospitality and food industry in the UK is very competitive. To stay profitable, you need to manage your finances well. Daily cash flow and understanding VAT rules can greatly affect your profits.
At Clarkwell & Co., we focus on accounting for cafés, takeaways, restaurants, food trucks, and catering businesses. We understand the specific challenges you face, like tracking service charges, reconciling sales from your POS system, and following VAT rules for service charges.
We work as your dedicated finance partner, giving you:
Our expert support lets you worry less about numbers and spend more time providing great food and service to your customers.
We provide end-to-end bookkeeping and accounting solutions for restaurants, including real-time expense tracking, sales reconciliation, and payroll management. Our team ensures your accounts are accurate, up-to-date, and compliant with HMRC requirements.
Understanding VAT in hospitality can be complicated, especially when it comes to service charge VAT treatment and split rates for eat-in versus takeaway sales. We’ll guide you through the correct VAT application, register or deregister your business if needed, and ensure returns are filed on time.
From handling high-volume small transactions to tracking delivery sales through platforms like Just Eat or Uber Eats, our accountants for cafe or takeaway services are designed to simplify your daily financial operations and improve cash flow.
Whether you operate a Tronic Tips system accounting process or distribute service charges manually, we’ll ensure staff wages, tips, and National Insurance contributions are handled correctly and transparently.
We help hospitality businesses predict busy and slow seasons, find ways to save money, and improve pricing strategies for steady profit growth.
Looking to expand your restaurant, launch a food truck, or diversify into catering? We’ll provide you with financial projections, funding advice, and business plans customised to the hospitality sector.
If you run a hospitality or food business in the UK, you need more than an accountant. You need a partner who knows your fast-paced industry, understands hospitality VAT rules, and helps keep your operations running smoothly while maximising profits. At Clarkwell & Co., we have a strong reputation for providing accountants to restaurants, cafés, takeaways, food trucks, and catering companies that need reliable financial support customised to their industry.
Here’s why so many hospitality business owners trust us:
We have years of experience working exclusively with restaurants, cafés, takeaways, and catering companies. We know the challenges of handling many transactions, changing stock prices, and seasonal demand. Our advice is designed to help you overcome these issues while staying profitable.
HMRC rules for the hospitality industry are complicated. They cover things like how to handle service charge VAT and special VAT rates for eat-in and takeaway sales. We keep you informed about the latest regulations to help you avoid expensive mistakes and penalties.
We integrate your accounting with modern POS systems, online ordering platforms, and the Tronic Tips system accounting processes. This gives you accurate, real-time financial reports so you can make quick, informed business decisions.
Our goal is to help you keep more of your earnings. We identify tax-saving opportunities, apply the right reliefs, and structure your finances to reduce liabilities, ensuring your business grows sustainably.
Whether you need help with VAT compliance, payroll management, or full-service accounting, Clarkwell & Co. is here to help your hospitality business thrive. Call us today to arrange a free consultation or email us to discuss your requirements.
Chris McCormick2024-12-11Trustindex verifies that the original source of the review is Google. Amir and his team are professional and friendly and they have deep expertise in the UK tax system. Great value for money. Highly recommended! Shawn2024-11-29Trustindex verifies that the original source of the review is Google. Brilliant customer service! Clarkwell & Co. Accountants are truly the best accountants in London. They sorted my accounts effortlessly and with incredible efficiency. The process was seamless, and they made everything so easy to understand. I truly appreciate their professionalism and expertise. Highly recommended for anyone looking for reliable accounting services. Thank you so much! Scott Miller2024-11-29Trustindex verifies that the original source of the review is Google. Extremely professional and easy to work with. Whether dealing face to face or by email they are always able to find the right solution. Nathaniel Louis2024-11-20Trustindex verifies that the original source of the review is Google. Was helped with my username and password issue.the problem was resolved while I had a cup of coffee ! Billy Mardon2024-11-11Trustindex verifies that the original source of the review is Google. Amir was very helpful in what was a very confusing and challenging tax self assessment. All very smooth and helped us out. Thank you AnOsh MeHran2024-10-17Trustindex verifies that the original source of the review is Google. Clarkwell Accountants have been handling my annual company accounts for my business, and their service has been nothing short of exceptional. As a business owner, the end-of-year financial reporting can be overwhelming, but Clarkwell’s team made the process seamless and stress-free. Angelo Teixeira2024-09-25Trustindex verifies that the original source of the review is Google. I am using clarkwell for my CIS CONSTRUCTION refund for few year. They are the best. I would recommend to all self employed Cherry Luz2024-09-22Trustindex verifies that the original source of the review is Google. Amir was a very good accountant. Very helpful and he is always available whenever you need him.I am happy with his service . Esteban lanao2024-09-16Trustindex verifies that the original source of the review is Google. Couldn’t recommend Amir & the team enough. Took my accounting issues of my shoulders and into their safe hands. Would recommend.
Clear answers to common queries about restaurant accounting, VAT rules, payroll, and compliance for UK hospitality businesses.
A restaurant accountant UK manages your business finances, including bookkeeping, VAT returns, payroll, and tax planning. They ensure compliance with HMRC regulations and help you improve profitability.
Yes. An accountant for a café or takeaway understands the unique cash flow, VAT, and payroll requirements of hospitality businesses and can save you time and money through accurate financial management.
Hospitality VAT rules UK apply different rates for eat-in, takeaway, and certain drinks. A specialist accountant ensures you apply the correct rates to avoid costly HMRC penalties.
Service charge VAT treatment depends on whether the charge is discretionary or mandatory. A hospitality accountant will guide you on the correct VAT application and compliance.
Yes. We can link your accounting software with your POS and online ordering platforms for real-time sales reporting and Tronic Tips system accounting integration.
Absolutely. We manage payroll and ensure tips are processed in line with UK law, whether you use a Tronic Tips system or manual distribution.
Yes. We provide consolidated accounts for multi-location hospitality businesses, tracking performance for each branch while keeping your finances centralised.
By identifying allowable expenses, optimising VAT treatment, and applying relevant reliefs, a hospitality accountant can reduce your tax liabilities while keeping you HMRC-compliant.
Yes. We offer accounting for food trucks, pop-up kitchens, and mobile catering businesses, including cash flow management, VAT, and licensing compliance.
A hospitality accountant ensures accurate record-keeping, timely VAT and tax submissions, and full compliance with all HMRC rules for food and beverage businesses.
Yes. We create cash flow forecasts for hospitality businesses to prepare for busy and quiet periods, helping you manage stock, staff costs, and overheads efficiently.
We prepare financial projections, startup budgets, and funding applications for hospitality businesses looking to launch or expand.
High transaction volumes, complex VAT rates, staff turnover, and tip distribution make hospitality accounting more demanding than most industries.
Yes. We reconcile sales from Just Eat, Uber Eats, Deliveroo, and similar platforms, ensuring all income is correctly recorded and VAT is accurately applied.