Services to the Travel Industry
Over the years, Stein Richards has accumulated considerable specialist knowledge and expertise through acting for clients in the travel industry.
This is a highly competitive sector requiring astute financial management, tight cashflow control, and sound business and financial planning if a business is to succeed and prosper over the long term.
Our experienced team can advise and assist in all these key areas.
Tax and accounting services
We can assist with tax and accounting matters, which can be uniquely complex in the travel industry. Besides the preparation and audit of statutory financial statements, we can help with annual reports to travel sector regulators such as CAA, ABTA, and ATOL, and assist with corporate tax planning to minimise your tax liabilities.
Mergers & acquisitions
The industry is currently undergoing widespread consolidation, with mergers and acquisitions occurring with increasing frequency. Should you be considering either of these, our experienced staff will be happy to act for you to ensure your best interests are represented.
As you will know, the travel industry is notorious for being highly regulated. On top of all the usual challenges of running a business in a very competitive marketplace, travel agents and tour operators have to contend with complex and time consuming issues such as bonding.
We can guide you through the regulatory minefield in which you have to operate and ensure you are always up-to-date and in full compliance with all regulations.
Call 020 7402 7070 today to discuss how we can help relieve you of accounting and regulatory burdens and help you focus on growing your business.
With effect from 1 April 2016 the CAA will only accept annual accountants’ reports on ATOL holders from ATOL Reporting Accountants. This firm is now a ‘Licensed Practice’ for ATOL Reporting Accountants purposes, and Rolanda Hyams is now Licensed.
We currently act for a number of travel agents and tour operators and are excited that this new requirement will help us to further enhance our expertise in this area.
We would welcome the opportunity to meet with you and discuss how we could help your business with its accounting and taxation needs, as well as ensuring its ATOL reporting requirements are met in the future.