Accountants for Hotels and Serviced Accommodation
Written and reviewed by the Hospitality Accountants editorial team. Last reviewed 27 July 2026.
We are hotel accountants. We keep the books, prepare the accounts and tax return, run the payroll and file the VAT for hotels, guest houses, B&Bs and serviced accommodation. A room is a perishable product, so the accounts have to speak the language of occupancy, average rate and revenue per available room rather than just totting up invoices.
This page is the work itself. The rules that changed under you, such as the end of the holiday lettings regime, are best understood in a guide, but applying them to your property list and your payroll is the service here.
What Hotel Accounting Covers
We keep the bookkeeping current, prepare the year end accounts and tax return, run payroll across housekeeping, reception and food and beverage, and file the VAT. We report room revenue against occupancy and average daily rate so you can see whether a soft month was a rate problem or an occupancy problem.
Where you run a restaurant or a bar inside the hotel, that trade carries its own VAT and margin, and we account for it as a distinct department rather than folding it into rooms. That keeps the food and beverage side honest instead of hidden behind a strong room month.
Where the End of Furnished Holiday Lettings Lands
The furnished holiday lettings regime was abolished on 6 April 2025, so the old advantages that many serviced and holiday properties relied on, such as the capital allowances treatment and the pension-relevant earnings, no longer apply. If your accounts were built around FHL status, they need rebuilding, and we do that rather than leaving you on a footing that no longer exists.
The other awkward area is the deposit and the no-show. Money taken for a stay that has not happened is not yet earned, and advance deposits, cancellations and channel commissions all need to land in the right period. We set the bookkeeping up so revenue is recognised when the guest stays, not when the card is charged.
How We Run a Hotel Engagement
We connect your property management system and bank feed, agree a monthly close that matches your reporting, and take on the VAT and payroll calendar across every department. You get a named accountant who reads a RevPAR report and knows why an OTA commission line matters.
Payroll in a hotel is rarely simple, with mixed shifts, live-in staff and service charges in the mix, so we run it through our hospitality payroll and tronc service. Where you have refitted rooms or common areas, the reliefs are covered in our guide to capital allowances on a fit out.
What Hotel Accounting Costs
You pay a fixed fee agreed before we start, set by your room count, your departments and your headcount. There is no hourly meter, and a busy season does not change the number we agreed.
We do not cold-call and we are not a directory. The practice is Tidy Money Ltd, run by Preetesh Parmar FCCA and regulated by the ACCA.