Menu Toggle

Accountancy Services

Accountancy services delivered by people that know travel as well as you do

We want to get to know you: it’s part of our service.

With our mix of disciplines, knowledge and experience, our professionals’ advice can be given with key industry specific considerations in mind.

Accounts, Audit and Reporting

Our travel accountant professionals can provide a full  accounting, auditing and reporting service covering:-

  • Regulatory reporting for ABTA, Irish Regulator and IPP
  • The Civil Aviation Authority’s new financial criteria for standard and small business ATOLs
  • ATOL Reporting Accountant functions
  • ABTA working capital requirements and accounts rules
  • IATA’s financial criteria and audit requirements
  • Specialist knowledge of VAT and TOMS

Tax

It’s a necessary evil but travel tax isn’t something to be toyed with. Our specialists have the knowledge and experience to help both your business and its stakeholders to only pay what tax is really necessary. They can give specialist travel advice on:-

  • Tour Operators’ Margin Scheme (“TOMS”)
  •  The VAT Transport Company Scheme
  •  The Special Scheme for Travel Agents around Europe
  •  Cross-border EU VAT and indirect tax legislation
  •  VAT on service charges, booking fees, credit and debit card transactions

As well as the more usual:-

  • VAT and corporation tax issues
  • Personal and business tax planning
  • Research and development reliefs
  • Employee share schemes

Accounting support

How often do you find that you have a job to do, but not the time to do it?

Coming under pressure at year end?

Or could you just do with an extra pair of hands for a while?

Extend your finance team temporarily with travel specialist expertise that can hit the ground running. Our travel finance professionals can help with:-

  • ABTA/ATOL/CAR returns
  • Strategic, pricing and data analysis
  • Forecasting and budgeting
  • Financial change management, re-structuring and process improvement
  • Financial aspects of Due Diligence
  • HMRC Transport Schemes to mitigate VAT exposure
  • Travel trust account implementation and management
  • Bond re-structure to maintain favourable net asset position
  • Troubleshooting, training, coaching and mentoring
  • Software and systems integration
  • Feasibility studies and business cases
  • Treasury Management

Our professionals are available to spend time with you in your business or can work remotely. They also benefit from the support and input of our travel legal professionals.

And it goes without saying that all services are delivered against a background of a working understanding of your agent or principal status,  your travel licence and bond requirements, your travel reservations systems and the travel industry’s preferred and best practice.