Hospitality Accounting & Tax Services

If you run a hospitality business in the UK, you already know: margins are tight, staff turnover is high, and every hour you spend trying to untangle tax codes is an hour away from your customers. 

Whether you’re running a trendy bar in Shoreditch, managing a busy takeaway franchise in Birmingham, or overseeing a boutique hotel in Manchester, keeping your financials in order can feel like a full-time job.

At Monarc, we specialise in accounting for hospitality businesses. We understand the industry’s unique pressure points and know exactly how to help you stay profitable, compliant, and in control, without feeling overwhelmed by VAT schemes, payroll calculations, or seasonal cash flow challenges.

From your first till tap to your next site expansion, we’re here as your finance partner, not just your accountant.

The Real Challenges Facing Hospitality Business Owners

Many accountants treat hospitality businesses like any other industry. We don’t. We know you’re not just juggling numbers—you’re juggling suppliers, bookings, staff schedules, food costs, customer expectations, and that constant push to stay competitive. 

Here’s what we often hear from our hospitality clients:

• “I have no idea if I’m actually making a profit after paying everyone and covering costs.”
  We help you dig into the numbers and identify what’s really going on with your margins, and where you might be losing money without realising it.
  
• “VAT is so confusing. I don’t even know if I’m on the right scheme.”
  Whether you’re on the flat rate VAT scheme or standard VAT, we review and optimise your setup to make sure you’re not overpaying.
  
• “Payroll is a nightmare—especially with so many part-timers and staff turnover.”
  We handle your payroll and auto-enrolment obligations, so you don’t have to worry about errors, fines, or frustrated employees.
  
• “I want to grow, but I’m not sure what I can afford or how to plan it.”
  Our forecasting tools and advisory support help you confidently scale, whether you’re adding a new location or launching a new service.
  

We know what it’s like to operate in a business where every penny counts and one bad month could derail your progress. That’s why our accounting services for hospitality businesses are tailored, proactive, and built around helping you thrive, not just survive.

Our Core Accounting Services for Hospitality Businesses

Every hospitality business is different but the need for sound financial management is the same across the board. 

At Monarc, we offer tailored hospitality accounting services to help you manage your books, stay compliant, and make smarter decisions.

Here’s what we typically provide:

• Hospitality Bookkeeping: Stay on top of daily transactions, cash flow, and supplier payments without drowning in spreadsheets. We categorise, reconcile, and make your numbers make sense.
  
• Payroll and Staff Management: Whether you employ 2 or 200, we take care of PAYE, RTI submissions, and auto-enrolment pensions, handling the complexity of shift workers and part-time teams.
  
• VAT Support: We’ll review which VAT scheme is best for your business (standard or flat rate), ensure you claim the right input tax, and file returns accurately and on time.
  
• Management Reporting: Monthly or quarterly insights to help you track performance, control costs, and plan confidently for the future.
  
• Cash Flow & Budgeting: We help you manage your peaks and troughs so you’re never blindsided by seasonal changes or unexpected expenses.
  
• Business Advice: Want to open a new location, switch suppliers, or negotiate a lease? We’re your sounding board.
  

Everything we do is built to help hospitality businesses like yours keep profits healthy and admin low.

Tax Planning That Actually Works for Hospitality

Tax doesn’t have to be a burden. In fact, with the right tax planning, it can become a strategic advantage for your business.

At Monarc, we help you:

• Reduce Tax Liabilities: We make sure you’re claiming all the reliefs you’re entitled to—from capital allowances on equipment to staff training costs.
  
• Stay Ahead of HMRC: From digital records to MTD (Making Tax Digital) compliance, we keep you in HMRC’s good books, avoiding penalties and last-minute panic.
  
• Structure Your Business Tax-Efficiently: Whether you’re running as a sole trader, limited company, or partnership, we review what works best based on your current size and future plans.
  
• Support for Business Owners Personally: Many owners forget to separate business and personal tax strategies. We help you look at the full picture, so you can build both business profits and personal wealth.
  

Tax is never just about forms and deadlines. It’s about making your business stronger. And that’s what we’re here for.

Why Hospitality Clients Trust Monarc

We’re not just accountants. We’re your growth partner, one who understands the hustle of your industry and knows how to keep you financially sound without slowing you down.

Here’s why hospitality businesses choose Monarc:

✅ Specialist Knowledge: We know the challenges unique to cafés, pubs, restaurants, hotels, and takeaways—and how to solve them fast.
✅ Clear, Friendly Communication: No jargon. No judgement. Just plain-English support that makes complex things easy to understand.
✅ Flexible Support: Need a full-service solution or just help with payroll? We build our services around you.
✅ Proactive Guidance: We don’t just respond to problems, we spot opportunities before you even think to ask.

How We Work With You – Simple, Friendly & Tailored

At Monarc, we’ve made it easy for busy hospitality entrepreneurs to get expert accounting support without the overwhelm. Here’s how our process works:

Step 1 – Let’s Talk About Your Business

We start with a free, no-pressure discovery call to understand your goals, challenges, and setup, whether you’re running a single-site café or a multi-venue restaurant group.

Step 2 – We Build Your Custom Plan

Once we understand your business, we’ll design a service package tailored to your needs, no bloated services, no generic checklists. Just what works.

Step 3 – Ongoing Support & Proactive Advice

We don’t disappear after setup. You’ll have regular updates, fast support, and forward-thinking advice that actually helps you grow.

With Monarc, accounting stops being a headache and becomes part of your growth strategy.

FAQs – Answers to Common Hospitality Accounting Questions

• Do you work with all types of hospitality businesses?
  Yes, we support cafés, restaurants, pubs, food trucks, boutique hotels, takeaways, franchises, and more.
• Can you help me if my books are a mess?
  Absolutely. We regularly help new clients get back on track, clean up years of backlog, and put better systems in place.
• What accounting software do you use?
  We’re software-agnostic, but commonly work with Xero, QuickBooks, Sage, and other cloud platforms. We’ll recommend what’s best for your needs.
• Is it expensive to hire a specialist accountant?
  Not when you consider the time, stress, and money you’ll save. We offer flexible monthly packages that scale with your business.
• Do you only serve UK businesses?
  We mainly serve UK-based hospitality businesses but also support international investors or chains operating in the UK.

Why Now is the Right Time to Upgrade Your Accounting

The hospitality landscape is evolving fast. Rising costs, tighter margins, and ever-changing regulations mean “just keeping up” is no longer enough.

You need to:

• Make every pound work harder
  
• Prepare for new digital tax rules (like MTD for income tax)
  
• Plan ahead with reliable cash flow insights
  
• Spot opportunities to grow, even in a tough economy
  

That’s exactly what we help our clients do.

Now is the time to stop firefighting and start building a more profitable, resilient business. And the right accountant can be the difference between barely surviving and thriving.

Ready to Get Started? Let’s Talk

Whether you’re running a growing bistro, managing a chain of cafés, or just starting your hospitality venture, Monarc is here to help you simplify, strengthen, and scale.

Book Your Free Discovery Call Today

Let’s explore how we can support your goals and help your business succeed.