Travel & Tourism
Get in touch with our Travel and Tourism accounting team.
If any industry has weathered the storms of the past few years, it’s travel and tourism. Those who’ve fared best have found new ways of tackling age-old issues. And that means working with people who go all in – and who care as much about their business as they do.
Chosen as much for our reputation as for the senior partners who lead our teams, we’re used to finding commercial advantages where others might see pitfalls.
Our travel and tourism accounting team advise on:
Travel and Tourism Insight and Events
Air Passenger Duty – a green way to increase taxes?
Tax Reporting Rules for Digital Platforms: What UK Sellers Need to Know
VAT implications of multi-purpose vouchers: The Go City Ltd case
Recent Developments in Travel VAT: UK and EU Changes Impacting Tour Operators and Digital Platforms
Navigating the VAT Fairway: MHA's Recent Appeal Sheds Light on the Future of Golf Holidays and EU Law in the UK
Webinar: TOMS saves rent-to-rent business model
Full detailsWhy partner with MHA?
- We act locally while thinking globally. As the UK member of Baker Tilly International, working with MHA gives you access to a global network of more than 41,000 professionals in 145 territories.
- We know the travel sector. As well as specialising in licensing requirements, we’re among the leading experts on the complex VAT calculations for the Tour Operator’s Margin Scheme (TOMS).
- We build unparalleled partnerships. With our people, our clients, and across our networks, we work to sustain lasting integrity and trust.
Our travel and tourism team
Rajeev Shaunak
Partner
Full detailsAdam Parton
Partner
Full detailsMike Hardaker
Partner
Full detailsColin Johnson
Partner
Full detailsSue Rathmell
VAT & Indirect Tax Partner
Full detailsVentsi Tsankova
Senior Manager
Full detailsIfzal Rehman
Audit and Accounts Director
Full detailsOur accounting services
MHA’s expert travel team draws on vast experience across the sector and the knowledge of our international colleagues and partners in the Baker Tilly International.
Travel and tourism firms don’t need to be told they face threats and challenges. The sector was one of the hardest hit by the pandemic and energy costs, global tensions and the need to transition to net-zero all rightly dominate our thinking. However, these are opportunities as well as challenges.
MHA’s entrepreneurial team helps with the day-to-day running and strategic development of businesses, including taxation, audit and regulatory requirements, as well as business planning and preparations for the next disruption to the industry.
Our clients and partners range from SME travel agencies to tour operators and travel management companies. MHA’s expert team knows the specific nuances of the travel and tourism industry. We can work with you on:
- Dealing with employment tax issues and the engagement of workers
- Licensing and protection support including ATOL, ABTA, IATA and TTA
- Civil Aviation Authority (CAA) requirements such as the APC
- Completion of travel sector regulators annual accountant's reports (such as CAA, ABTA, ABTOT)
- BSP data audits
- VAT accounting and mitigation – we have VAT specialists who can help with the complex Tour Operators’ Margin Scheme (TOMS) calculations