Leisure and tourism

Leisure and tourism is an integral part of the Cornish economy. As such, at Kelsall Steele we work with a large number of clients in this market giving us a wealth of experience in understanding the challenges specific to this sector. The range of clients for whom we act include:

  • Hotels and guesthouses
  • Caravan and campsites
  • Outdoor activities
  • Restaurants and cafes
  • Sports clubs
  • Related retail activities

We provide assistance to clients from the initial evaluation and financing of a business through to seasonal cash flow and budgetary support and eventual disposal or succession. Issues include:

  • Appropriate accounting systems
  • Payroll and tipping issues
  • Management accounts and bookkeeping support
  • Taxation strategies for sale or succession
  • VAT issues, including long stays, deposits and flat rate VAT schemes
  • Holiday letting tax regulations
  • Maximising capital allowance claims in new building work

If you’d like to learn more, please contact Malcolm Peters or Clare Vaughan.