Accountancy Services

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

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.

Contact us for more detail via our contact form and we will get straight back to you!