Travel Tax

A business’ VAT position can often be key to its profitability. In the travel industry, the VAT rules can be particularly complex and frequently changing, often meaning it is difficult to keep track, and to ensure VAT efficiency.

Travel businesses and tax

Every business should optimise its tax obligations while leveraging the latest allowances and tax reliefs available. In the realm of travel businesses, effective tax planning should consider not only your financial obligations but also your licensing and bonding requirements, as well as your personal financial well-being.

Our Travel Tax Team collaborates closely with both your team and our Travel Accounts & Audit Team. Together, they uncover opportunities often overlooked by travel businesses and help you steer clear of potential pitfalls. These opportunities span from devising tailored Employee Share Schemes to securing substantial R&D Tax Relief claims, a realm in which we excel within the Travel Industry.

Travel Tax
Travel Tax

Travel business owners and tax

You’ve put in tremendous effort to cultivate profitability within your travel business. Whether you’re looking to extract profits, or contemplating the acquisition of office space, it’s absolutely crucial that your personal and business tax strategies seamlessly align with the unique requirements set by the Travel Industry regulators and stakeholders. Our Travel Tax Team is dedicated to ensuring that your personal tax planning never compromises the continuity or long-term success of your travel business. Regrettably, many generalist tax advisors remain unaware of these intricacies.

Your travel business deserves the expertise that we provide.

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Book a free, no-obligation chat with our experts where we find out a bit more about your business, explain our services, and how we could work with you.

Get in touch

Whether you have a clear goal in mind or are open to exploring possibilities, we’re at your service to assist you.

Our services for travel and tourism businesses

01

Accounts & Audit

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, our Accounts and Audit team is second to none. In fact, our clients call them the A Team as their advice and added value input are exceptional.

02

VAT and TOMS

In the travel industry, VAT rules are complex and constantly changing, making it challenging to ensure VAT efficiency. With our extensive experience in TOMS rules, we can help optimise your VAT application. Whether it involves TOMS, considering the transport company scheme, or finding alternatives, we aim for better outcomes.

03

Corporate Finance

Our corporate finance experts are good people to have in your corner for any business acquisition, funding requirement, or management buyout. Our hugely experienced heavy hitters will support you every step of the journey, and keep you one step ahead of the competition, so you can embark on suitable deals with confidence.

04

Events

We run a series of events throughout the year for our clients and guests, in addition to delivering many for leading trade associations, including ABTA, AITO, ETOA, BETA, UKinbound, ABTOI, Advantage Travel Partnership and the Bespoke Travel Group.

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