Streamlining Success: Accounting for The Leisure and Hospitality Sector

Assured Industry Knowledge

GOW has worked with leisure and hospitality establishments all over Lancashire, for well over a decade. We've also watched them branch out, grow and excel, with the tailored support provided by our team.

Having both the financial knowledge and experience to help you reach your full potential, we know what it takes to make it in the industry.

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In a competitive sector where pressure is set firmly upon margins, it's vital to enlist the right accounting support, in order that to get the results your hard-work and ambitions deserve.

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We provide an extensive, thorough service for businesses of all descriptions that fall into the hospitality bracket.

Going beyond the bare minimum, we work hard to build a close-knit working relationship with yourself, to gain a thorough understanding of the unique intricacies attached to your business.  

We will always cater to your individual circumstances, taking into account your wants as well as your needs.

Driving you Forward

We help you to understand what is required of your business from an accounting perspective, addressing concerns as and when they arise, giving you to tools to push forward with your ambitions.

Your accounts manager will take the time to understand (or help you determine) your business plans, support you in reaching your optimal growth rate, and advise you on how to structure your business in the most tax-efficient way possible.

Unsure of what expenses and allowances you can claim for? We can quickly determine what you are entitled to, ensuring that you have access to all the financial support available.

They can also provide you with sophisticated cashflow forecasts, heightening your financial insights and strengthening your budgetary and credit management.

Full HMRC Compliance

Bookkeeping for hospitality can be an immense task due to the sheer volume of transactions needing to be managed. We provide a complete bookkeeping service, as well as fully comprehensive compliance reporting.

Our deadline reminder service will ensure that you are notified when we require certain documents from yourself, meaning that you can rest assured, knowing that all your HMRC deadlines will be met in good time.

We also offer the best cloud accounting software that the market has to offer, as well as any training you require to help you get the most out of your package.

Services Offered

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Bookkeeping

Our diligent accountant will take good care of your accounts, ensuring that they are kept up-to-date and stored on a system that is easy to manage, freeing up time for you to focus on running your business. Providing smart, easy-to-use document scanning software (such as Dext), we’ll make those pesky piles of receipts a think of the past!

Tax Bill Management

‍Our expert accountants can help you ensure that you are not paying any more on tax than is absolutely necessary. After assessing your individual situation, your accounts manager will point you towards any tax reliefs, allowances, exemptions that you are entitled to, hence lowering the amount corporation/income tax you are obliged to pay.

VAT Management

Staying on top of VAT is a must for any business. Our tax specialists will support you every step of the way, sending you an advance notification anytime we require specific documentation from yourself, ensuring your return is filed on time to avoid non-compliance penalties.

Payroll and Auto-Enrolment

‍Monthly,weekly, bi-weekly or 4-weekly payroll? This is not a problem for our team at Gow and Partners. We can assist with all of your payroll needs, including auto-enrolment. Providing cloud payroll and applications for both you the employer and all of your employees, you can rest assured knowing that you’re saving both time and money.  Want to cut your costs further? We can also assist in pay run processing, helping you to alleviate the pressure on your finance function.

Growing Owners Wealth

Helping you set goals, monitor targets, and structure your business in the most tax-efficient way possible, we will support you in maximizing your profits. What’s more? We offer cashflow forecasts incorporating real life scenarios, giving you the insights required to make more informed business decisions. These can be discussed in management meetings at our bespoke Dalton Court offices, where you can give your business the boardroom it deserves.

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Let Us Help You

Book your 30 minute discovery call today— enjoy a relaxed, no-obligation chat with one of our qualified accounting advisors. We can assess your situation and determine how to best serve and add value to your business.  

Alternatively, you can send us a message with any queries (big or small), and one of our team members will get back to you promptly.  

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