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Leisure & Hospitality

As consumer tastes and buying patterns change, so too does the financial outlook for a leisure and hospitality business. Our expert team understands this highly competitive marketplace, and how sensitive it is to economic change. The highs and lows are real; we offer the best financial and accountancy advice to guide and support you through obstacles, and lead you towards growth.

Accounting and advisory for hotels

Your hotel needs to meet the challenges of today’s ever-changing market place. Hotel owners face the continued challenge of offering genuine quality and value for money, and retaining high-performing employees, all while trying to gain competitive advantage. 

This sector has huge variation - from top-branded quality hotels or family-run hotels, to national and international groups; from serviced apartments or bed and breakfast houses, to spas and health resorts - our hotel and hospitality accountants understand your needs. We can help achieve your goals by supporting you with:

  • Preparation of accounts
  • Cash flow forecasts
  • Advice on regulations specific to the hotel industry on areas such as tax, VAT, HMRC and PAYE
  • Improving efficiencies, productivity and cost saving
  • Dealing with employment tax issues and assisting with HMRC enquiries

How we advise pubs, restaurants and bars

With more than 25,000 restaurants and over 50,000 pubs in the UK, the hospitality industry has never been so competitive. Our specialist pubs, restaurants and bars accountants advise businesses in this sector on their strategy, and show them how to position themselves in their competitive environment to gain advantage. The services offered by our hospitality accountants include:

  • Advising on internal controls to ensure cash is being deposited into the bank
  • Comparative balance sheet analysis
  • Ratio analysis by industry standards to detect issues that may not otherwise be detected 
  • VAT reclaims on gaming machines
  • Dealing with employment tax issues and HMRC enquiries
  • Dealing with tips and tronc arrangements

Expertise with sports and health clubs 

Our in-depth understanding of key industry and sector-specific issues for sports and health clubs is central to the delivery of our accountancy, business advisory and tax services. As a sports and health club owner you need to ensure that you can get hold of key financial information to make business-critical decisions. Our leisure and hospitality accountants can help both clubs and their managers maximise the potential of their assets through: 

  • Internal audit and risk management support
  • Management strategy reviews
  • Financial management and benchmarking analysis
  • Financing growth and succession
  • Reducing corporation tax burden
  • VAT advice and solutions
  • Dealing with issues relating to the engagement of workers

Get in touch to discuss how we can take care of business for you.

Key contact

Head of Leisure & Hospitality, Partner
Chris Sutton
+44 (0)207 429 4100
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Enquire now

Meet the team

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Peter Abbott

Expatriate Tax Manager

Peter joined MHA MacIntyre Hudson in January 2019 as Expatriate Tax Manager working within the Human Capital Advisory service line.

Peter is a member of the Association of Taxation Technicians (ATT) and has over ten years of experience working in tax, with a focus on expatriate tax and global mobility. Having worked previously at EY and Deloitte, Peter has worked with many different clients of various sizes, from private clients and small to medium businesses to large, international corporations, helping them on a range of advisory and compliance issues.

Get in touch with Peter Abbott
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Fred Satow

Director

Fred Satow qualified as a chartered accountant with Price Waterhouse and is also a licensed insolvency practitioner.

After a secondment to the intensive care team of a UK clearing bank, he became a partner at two mid–tier accountancy firms and a boutique.

Fred specialises in corporate restructuring and insolvency and has particular expertise in solvent liquidations, but also considerable experience of working for lenders and personal insolvency work.

His sector expertise includes personal injury (where he is a market leader), travel, healthcare, property and construction, engineering and media.

Fred Satow is licensed to act as an insolvency practitioner in the UK by the Institute of Chartered Accountants in England and Wales (ICAEW)

Get in touch with Fred Satow
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Toby Stephenson

Partner

Toby joined MHA MacIntyre Hudson in August 2017. For over 25 years, Toby has specialised in working with and advising growing entrepreneurial, family and PE backed companies, International groups, and  UK subsidiaries of International parents. He has worked with clients in a diverse range of industries but has specific sector expertise in hotels, leisure and gaming, manufacturing, wholesale & distribution, and the service industry sectors.

Toby is a responsible individual for audit purposes, and has built up a reputation for providing clients with pragmatic advise not only on financial reporting matters but also on strategic business planning matters including raising finance, growth through acquisition, exit planning and business restructuring.

Away from work Toby is a mad keen Worcester Warriors rugby fan and can be found in the South Stand at Sixways at all home games, or blatting around the Worcestershire countryside in “Delilah” his Caterham Super 7 sports car. 

Get in touch with Toby Stephenson
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Rakesh Shaunak

Partner and Group Chairman

Rakesh is currently Group Chairman as well as Chairman of the City Office. Rakesh qualified as a Chartered Accountant with a top five firm, gaining experience of large corporate audits and qualifying as a Member of the Institute of Taxation. He devotes much of his time to business advisory work and has a large portfolio of commercial clients. He is also the Managing Partner of the firm's education unit acting for a substantial number of colleges, academies, free schools, and other schools and education bodies.

He acts for a number of Leisure and Hospitality providers and understands the challenges facing the sector. Rakesh is keen to follow the ever changing landscape of Leisure and Hospitality in order to anticipate the needs of his clients.

He believes that people accept inefficiency and complacency far too easily and everyone should be encouraged to test their boundaries.

Get in touch with Rakesh Shaunak

What they say about us

The team at MHA MacIntyre Hudson have taken away the burden of the day to day bookkeeping, payroll and CIS work off me. This has enabled me to spend more time working on my business, finding new work, new ideas and ways to be more profitable. Thanks to the help I’ve received, I can see a bright future for me and my company. Luke Day - Complete Wiring Solutions

What they say about us

SilverLining UK very highly recommends MHA MacIntyre Hudson for all your company’s financial accounting needs.Our corporation has worked with MHA MacIntyre Hudson for the last 4 years. They are truly the best at what they do.They continually provide timely and excellent service and go ‘above and beyond' for their client. Their knowledge, communication skills and professional qualifications are of the highest quality and standards. SilverLining UK - Construction Sector