Food and Beverage Accountants Helping You Protect Margins and Grow Profitably
Specialist accounting, tax and business advisory services for restaurants, cafés, takeaways, caterers, food producers, retailers, wholesalers and hospitality businesses across the UK.
We help you manage complex VAT rules, fluctuating food costs, payroll, stock, cash flow and tax compliance, giving you better financial control and clearer information for decision-making.
Financial Control in a Fast-Moving Industry
Food and drink businesses operate in a demanding environment where ingredient prices, staffing costs, stock levels, VAT treatment and customer demand can change rapidly. Reliable financial information is essential for protecting profitability.
Helping You Understand the Numbers Behind Your Business
Running a successful food or beverage business requires much more than completing annual accounts. You need accurate records, timely reporting and practical financial insight throughout the year.
At Odiri Tax Consultants & Accountants, we take time to understand how your business operates, including your sales channels, supplier costs, staffing arrangements, stock movements and growth objectives.
- Improve visibility over revenue and expenses
- Monitor gross profit and operating margins
- Reduce the risk of VAT and payroll errors
- Manage cash flow and tax-payment obligations
- Identify cost-saving and tax-planning opportunities
- Use financial information to support sustainable growth
Comprehensive Support for Food, Drink and Hospitality Businesses
Our services combine statutory compliance with practical commercial support, helping you control costs, meet HMRC obligations and make better-informed business decisions.
Bookkeeping and Financial Reporting
Accurate bookkeeping across cash, card, online ordering systems and delivery platforms, supported by regular profit-and-loss, balance-sheet and cash-flow reporting.
VAT Advice and Returns
Support with VAT registration, digital records, return preparation and the treatment of hot food, cold food, eat-in sales, takeaway items, alcohol, delivery charges and mixed supplies.
Payroll and Auto-Enrolment
Weekly, fortnightly or monthly payroll processing, digital payslips, RTI submissions, statutory payments, pension contributions and year-end payroll compliance.
Inventory and Cost Control
Financial reporting to help monitor stock movements, supplier costs, food waste, cost of goods sold and the profitability of products, menus or locations.
Year-End Accounts and Corporation Tax
Preparation of statutory accounts, Corporation Tax returns and supporting tax computations, including a review of allowable expenses and available reliefs.
Business Structure and Tax Planning
Advice on operating as a sole trader, partnership or limited company, together with director remuneration, profit extraction, investment and restructuring.
Capital Allowances
Review of expenditure on commercial kitchens, refrigeration, ovens, machinery, point-of-sale systems, vehicles and business premises to identify qualifying tax relief.
Cash-Flow Forecasting and Budgeting
Forward-looking forecasts to help you plan for supplier payments, payroll, tax liabilities, investment, seasonal demand and future funding requirements.
Business Planning and Growth
Practical support with break-even analysis, pricing, performance reviews, expansion, new locations, franchising, funding and long-term strategic planning.
Accounting Services Across the Food and Beverage Sector
We provide flexible support for independent operators, family-owned businesses, start-ups, growing brands and multi-location organisations.
Restaurants and Bistros
Financial reporting, VAT, payroll and margin analysis for independent and multi-site restaurants.
Cafés and Coffee Shops
Accounting support for dine-in, takeaway and retail sales across busy customer-facing operations.
Takeaways and Delivery Kitchens
Reconciliation of direct sales and third-party delivery platforms, together with VAT and profitability reviews.
Caterers and Event Businesses
Support with contract income, event costs, staffing, cash flow and project-level profitability.
Bakeries and Patisseries
Accounting, VAT and cost-control support for retail, wholesale and made-to-order bakery operations.
Food Manufacturers
Reporting for production costs, stock, machinery, wholesale revenue and investment in business assets.
Food Retailers and Wholesalers
Accounting support for physical stores, e-commerce, trade customers, multiple product lines and logistics.
Mobile Caterers and Food Trucks
Practical tax and accounting services for seasonal, event-based and mobile food businesses.
Helping You Address the Financial Pressures Facing the Sector
Our advice is designed around the operational and financial pressures that can directly affect your cash flow and margins.
Complex VAT Treatment
Food and drink transactions can carry different VAT treatments depending on the product, temperature, location of consumption and how items are supplied.
Rising Ingredient Costs
Supplier-price increases can quickly reduce gross margins where menus and selling prices are not reviewed using accurate cost information.
Stock Waste and Spoilage
Poor stock visibility can lead to over-ordering, avoidable waste, tied-up cash and reduced profitability.
Seasonal and Variable Staffing
Shift work, staff turnover, seasonal workers and variable hours can create additional payroll and pension-compliance requirements.
Multiple Sales Channels
Revenue may arise through tills, websites, delivery platforms, marketplaces, events, wholesale customers and direct contracts.
Cash-Flow Pressure
Supplier payments, wages, rent, VAT and tax liabilities can fall due before sufficient cash has accumulated.
Practical Accounting Advice Grounded in Commercial Reality
Food and hospitality businesses need an accountant who understands more than filing deadlines. Your adviser should understand how stock, staffing, pricing, waste, sales channels and customer demand affect financial performance.
We combine tax and accounting expertise with a practical, business-focused approach. Our objective is to help you remain compliant while improving financial visibility and building a stronger, more resilient business.
Contact Our Food and Beverage TeamA Clear and Structured Accounting Service
We begin by understanding your business, current systems, compliance requirements and commercial priorities before recommending an appropriate service.
Tell Us About Your Business
We discuss your activities, business structure, sales channels, accounting records and current concerns.
Review and Recommendation
We assess your compliance and reporting requirements before recommending an appropriate service package.
Onboarding and Systems
We complete the professional onboarding process and establish secure, efficient accounting workflows.
Ongoing Support
We manage the agreed services and provide regular guidance as your business develops.
Food and Beverage Accounting Questions
What accounting services do you provide for food and drink businesses?
We provide bookkeeping, VAT services, payroll, management reporting, annual accounts, Corporation Tax, Self Assessment, capital-allowance reviews, cash-flow forecasting, business planning and general tax advice.
Why should I use an accountant who understands the food sector?
Food and beverage businesses often have complex VAT treatment, multiple sales channels, variable staffing, perishable stock and tight operating margins. An adviser who understands these issues can provide more relevant reporting and practical support.
Can you help with VAT for restaurants, cafés and takeaways?
Yes. We can assist with VAT registration, Making Tax Digital, record keeping and VAT return preparation. We can also review the treatment of eat-in and takeaway sales, hot and cold food, alcohol, delivery charges, meal deals and mixed supplies.
Do you provide payroll services for hospitality businesses?
Yes. We can process weekly, fortnightly or monthly payroll, prepare digital payslips, submit RTI reports, deal with statutory payments and support workplace pension auto-enrolment.
Can I claim tax relief on kitchen equipment and refurbishments?
Qualifying expenditure on equipment, machinery, refrigeration, point-of-sale systems and certain property improvements may be eligible for capital allowances. The available relief depends on the nature of the expenditure and your circumstances.
Do you support food start-ups and small businesses?
Yes. We work with businesses at different stages, including home-based food businesses, mobile caterers, independent cafés, growing restaurants, wholesalers and established multi-location operations.
Can you help if my accounts or VAT returns are overdue?
Yes. We can review the outstanding periods, reconstruct records where necessary, prepare overdue submissions and communicate with HMRC where we have the required professional authorisation.
Do you work with food businesses throughout the UK?
Yes. We support clients across the UK using secure document sharing, telephone and video meetings, cloud accounting software and digital HMRC services.
Focus on Serving Your Customers While We Help Manage the Numbers
Contact Odiri Tax Consultants & Accountants for professional accounting, tax and business advisory support tailored to the food, drink and hospitality sector. We will review your requirements and provide a transparent quotation for the services your business needs.
