Travel Accounts and Audits
You work in a highly regulated industry which is always in the spotlight. A specialist sector requires specialist expertise and knowledge. When it comes to understanding the Travel Industry, Xeinadin’s specialist travel accounts and audit team is second to none.
Expert travel and tourism auditors and accountants
In the dynamic and ever-evolving travel and tourism industry, financial stability and accurate record-keeping are paramount for success. Whether you’re a tour operator, travel agency, hotelier, or any other business within this sector, having a reliable accountant is essential.
Partnering with Xeinadin means more than just financial management; it means gaining a dedicated ally in your quest for success in the travel and tourism industry. Let us help you navigate the financial complexities of this exciting sector, allowing you to focus on what you do best – providing exceptional experiences for your customers.
Our specialist expertise encompasses:
- Regulatory reporting requirements for CAA, ABTA, IPP and more
- Distinguishing Licensable and Non-Licensable turnover, Principal and Agency status and how these affect your bonding costs
- ABTA, ABTOT and ATOL Financial criteria and renewal process
- IATA's financial requirements and risk assessment
- Specialist knowledge of VAT and TOMS
- Detailed knowledge of different reservations systems and how these can be linked to your accounting software
- Industry benchmarking expertise
- Identifying exposure to risk
- Stakeholder expectations and practices including merchant services, banks, external investors and others
- Close collaboration with our Travel Tax Team to minimise corporation tax, ensures you benefit from all available allowances and that the extraction of profits for shareholders never loses sight of your regulators' requirements
- Close collaboration with Xeinadin Corporate Finance and Summit Advisory, our Travel M&A expert advisors who help travel business owners grow, expand through acquisitions or sell their business
- Approved by CAA to act as trustees for Escrow account models
Our Travel & Tourism experts
Liz Maher OBE
VAT PartnerTravel & Tourism, VAT ServicesBristol
What our clients say
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Whether you have a clear goal in mind or are open to exploring possibilities, we’re at your service to assist you.
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With over 25 years of experience and expertise in the travel industry, effective and pragmatic processes and extraordinary commitment to service, you can be sure that your travel business is in good hands with Xeinadin.
