In this sector we look after clients ranging from B&Bs, small guest houses, inns with rooms, large hotels with over 60 rooms and hotel groups with 19 hotels, located across the UK. Turnovers vary from £50k to over £22m, but we often find that whatever the size or location of the business similar issues arise. As well as the provision of annual audit and accountancy services, we can provide quarterly management accounts, book-keeping services, and assistance in raising finance to fund expansion. Our large tax department advise owner-managers on issues with VAT, national insurance contributions, corporation tax, income tax and capital gains tax.
Buying a hotel is a major investment – it is vitally important to ensure you get the correct advice at an early stage in the process. Our team of experienced Leisure and Tourism specialists are able to assist you at any stage in the transaction, whether by carrying out a valuation of a hotel business, performing due diligence or investigations work specifically designed to reduce the risks of acquisition or by helping arrange finance for the hotel purchase.
What our clients say about us…
“MHA Chiks have always taken a community minded approach to helping us on corporate social responsibility issues, as well as acting effectively as our trusted business advisers. We greatly value their support and look forward to continuing working with them.”