Heighten Accountants
Running a hospitality business whether it’s a seaside café, ski lodge, or boutique hotel means balancing the highs of peak season with the challenges of quieter months. While summer bookings or festive periods may boost revenue, off peak months can strain your finances. While summer bookings or festive periods may boost revenue, off peak months […]
The UK hospitality industry is currently facing significant shifts in employment costs, driven by recent National Insurance (NI) changes, increased minimum wages, and rising operational expenses. These changes place additional pressure on restaurants, bars, and hotels—many of which already operate on thin margins.
In the hospitality industry, effective budgeting and forecasting are critical factors in its success and sustainability. Hotels, resorts, and restaurants operate in a dynamic environment where demand fluctuates due to seasonality, economic conditions, and consumer trends.
In any organisation, financial audits are used to thoroughly examine such organisation’s financial records to verify their accuracy and compliance with legal and regulatory standards.
The hospitality industry plays a critical role in the UK economy, contributing billions of pounds and employing millions of people. With the sector encompassing hotels, restaurants, pubs, and catering businesses, tax relief can be a vital financial lifeline. However, navigating the complexities of the UK tax system can be challenging. It’s crucial for hospitality businesses […]
The hospitality industry is a dynamic sector, but it comes with its own set of financial regulations that businesses must navigate. Adhering to these regulations is not just a legal requirement but also a key factor in ensuring long-term financial stability and success.
