Travel & Tourism

You’re facing the threat of terrorism and concerns over carbon emissions. You’re dealing with disruptive technologies and new business models. You’re catering to increasingly independent and demanding customers. That’s plenty to keep you occupied without having to worry about accounting and compliance. 

Our travel industry specialists understand the issues facing owner managers and SME travel agencies, tour operators and travel management companies. We can help with the day-to-day running and strategic development of your business, including all your taxation, audit and regulatory requirements, helping you to plan effectively for the future - or for the next industry disruption.

How our travel accounting specialists can help your business

Alongside the usual accounting, advisory and compliance services you would expect, our team is expert in the specific nuances of the travel and tourism industry. We can work with you on:

• Business planning, disposals and acquisitions
• Maintaining cash flow and profitability through difficult times
• VAT accounting and mitigation – we have VAT specialists who can help with the complex Tour Operators’ Margin Scheme (TOMS) calculations
• International VAT compliance
• Dealing with employment tax issues and the engagement of workers
• Licensing and protection support including ATOL, ABTA, IATA and TTA
• Civil Aviation Authority (CAA) requirements such as the APC
• Completion of travel sector regulators annual accountant's reports (such as CAA, ABTA, ABTOT)
• Transfer pricing assistance
• BSP data audits

Get in touch with our sector head, and let’s chat about helping you focus on what really matters to your business.