Does any other sector have a more seasonal cash flow than the travel industry? mgr’s travel sector specialists understand that, especially in the current financial environment, cash flow management and astute medium-term financial planning can sometimes be the difference between success and failure.
mgr’s travel sector experts are here to give you all the ongoing advice and support you need to keep your business in great shape, irrespective of trading conditions. We know that dealing with things like ATOL reporting and compliance can sometimes get in the way of just running your day-to-day operation, so we can manage those on your behalf.
Our team has built countless long-term relationships with businesses in your sector. We can help you with every aspect of running a successful business from ongoing tax and accounting rules compliance, to raising finance for new ventures, business restructuring, and buying and selling corporate assets.
Whether you are an ambitious entrepreneurial start-up or an established industry player, we give you practical, hands-on guidance that will always be designed to add real value to your travel business.
When it’s time to move on, we will help you plan for succession, retirement or realising your investment by selling your travel business in the most tax-efficient way.
Here are some of the specialist services we provide for our Travel sector clients:
ATOL and regulatory audits and reporting
Systems reviews especially in respect of ATOL compliance
Segmental reporting between revenue streams
VAT advice and guidance — particularly in respect of cross-border services
Ongoing tax compliance advice
Working with clients’ other advisors such as lawyers and banks
“We moved to mgr two years ago after nearly two decades with our previous accountants. They are really proactive and professional and I have recommended them to numerous other TMCs”
Dave Sullivan, MIDAS Travel Management Ltd