VAT SUPPORT FOR PUBS & HOSPITALITY BUSINESSES
VAT for Pubs, Explained Properly
VAT is one of the biggest cash flow pressures in a pub, particularly when the money collected through your weekly sales is still sitting in the bank.
Asturias Consultants helps pubs and hospitality businesses manage VAT throughout the quarter, not just when the return becomes due. We prepare and submit your VAT returns, help you understand what you owe and give you a clearer idea of how much money should be put aside as you trade.
One of the most common VAT problems isn't the return itself. It's reaching the end of the quarter and discovering that the money needed to pay HMRC has already been used elsewhere in the business.
We help you keep an eye on your VAT position as the quarter progresses, so you have a better understanding of the likely liability and can put money aside regularly rather than facing an unexpected bill.
Your VAT return depends on the bookkeeping behind it being accurate and up to date. Missing invoices, incorrectly coded transactions and unreconciled accounts can all affect the figures and create unnecessary work when the deadline arrives.
We keep the process organised, review the figures and prepare your VAT return ready for approval before submission to HMRC. You'll know what is due, when it needs to be paid and how the figure has been calculated.
VAT isn't an expense in the same way as wages, rent or utilities, but it can quickly become a cash flow problem if the money isn't protected.
We help you understand how VAT fits into the wider cash position of the pub, including what should be reserved for HMRC and what cash is genuinely available to use within the business. That makes it easier to plan ahead and avoid VAT becoming a problem every quarter.
Need Better Control of Your Pub's VAT?
Whether you're struggling to keep on top of VAT, facing larger bills than expected or simply want a better system for managing it, talk to us. We'll look at how you're currently handling VAT and help you get greater control over the process.