Managing a serviced accommodation business can be challenging, especially when it comes to navigating the complexities of tax regulations and financial compliance. Many business owners struggle with the constant pressure of staying compliant while also maximising their earnings.
Without the right support, you risk costly errors that could lead to fines, missed tax deductions, and ultimately impact your bottom line. The financial landscape is ever-changing, and staying on top of it all can feel overwhelming. As your business grows, these challenges can become even more daunting, taking your focus away from providing excellent service to your guests.
At HHM Chartered Accountants and Tax Advisors, we specialise in alleviating these pressures with personalised accounting and tax solutions designed specifically for serviced accommodation businesses. Our expert team will handle your tax compliance, optimise your financial strategy, and ensure you make the most of every opportunity for growth. Let us partner with you to simplify your finances, reduce your stress, and help your business thrive.
Save time and reduce stress with our precise bookkeeping, payroll, online accounting, end of year reporting, and management accounting solutions tailored to your needs.
File with confidence and avoid costly errors. Our tax experts handle self assessment and taxes on income from all sources including foreign income, capital gains, inheritance, and self-employment, making tax season stress-free.
Protect your business and maximise your profitability with comprehensive tax services, including corporation tax, CIS and VAT. We support you to stay compliant and maximise savings.
Gain peace of mind with professional support during HMRC compliance checks. We manage the process for you, minimising risk and stress.
Stay compliant and future-ready with VAT and Making Tax Digital support that’s easy, accurate, and ensures no deadlines are missed.
Keep more of what you earn with proactive tax planning strategies that optimise your finances and reduce your tax burden.
With deep expertise in UK tax, our team is well-versed in all aspects of compliance and tax-saving opportunities. We keep up with the latest tax regulations, ensuring you always receive accurate, strategic advice tailored to your specific circumstances.
At HHM, we value integrity and transparency, and our clients trust us to act in their best interests. We’re more than just accountants—we’re an extension of your team, here to support you at every step.
Tax isn’t just about the present; it’s about planning for the future. Our proactive approach to tax planning means we identify opportunities and anticipate challenges before they arise, helping you make the most of your investments over the long term.
We know every client’s needs are different. By getting to know you and your financial goals, we provide advice that’s as individual as you are. From tailored tax planning to ongoing support, we’re dedicated to helping you make confident, informed decisions.
EXCELLENTBased on 29 reviewsTrustindex verifies that the original source of the review is Google.valentina manea2024-10-31A well trusted company who has provided me the help I needed in a fast way, excellent work and good prices🙏 highly recommended.Trustindex verifies that the original source of the review is Google.Mihai Nedelcu2024-10-29I've been working with HHM Chartered Accountants & Tax Advisors for a while, and their service has been outstanding. The team is knowledgeable, responsive, and truly understands my business needs. They provide clear advice and have been invaluable in navigating complex tax regulations. I highly recommend them for anyone seeking reliable accounting and tax support!Trustindex verifies that the original source of the review is Google.nafie nikzad2024-10-18Great team, helped me through every step of setting up my company. Daniel very friendly and is happy to help at all times.Trustindex verifies that the original source of the review is Google.Vicky Johnston2024-09-24Dan and the team at HHM have been amazing. We highly recommend them if you are looking for reliable, knowledgeable and helpful accountants and/or tax advisors!Trustindex verifies that the original source of the review is Google.Vivian Yim2024-06-28Excellent service - Karam and his team got me out of a sticky situation in a short amount of time. They were open, clear and professional with their communication and advice.Trustindex verifies that the original source of the review is Google.Ary Hassan2024-05-09Just wanted to say a big thank you to Karam and his team for providing amazing accountancy services for us time after time.Trustindex verifies that the original source of the review is Google.Bita Nouri2024-04-17A Genuine Recommendation: Daniel at HHM Chartered Accountants I want to share my experience with HHM Chartered Accountant with everyone because I believe that many individuals, both in the UK and abroad, need a trustworthy and responsible accountant for their business or any other field. For over six months, I have been looking for an accountant who is not only professional but also responsible and conscientious. I met many people, and unfortunately, most of them were more focused on securing an annual contract with me without providing sufficient explanations. Even in cases where I lacked information, they failed to provide me with enough details. Their response was often, 'You didn't ask us about these matters' or 'You didn't want to know.' Well, if I were an accountant, I didn't need you, then why would I ask? Fortunately, I stumbled upon Daniel quite accidentally, and I am very happy about it. I thank him immensely. He explained everything to me in a very organised and professional manner, and even pointed out things that I hadn't considered. I realised that he really loves his job. For him, this profession is not just a source of income; it is a part of his personality and life. This means that I am the winner for finding him. Thank you, Dear Daniel, and I recommend to all that if you need a genuine accountant, be sure to meet with him at least once. I am confident that you will not be disappointed. Thank you again, and I wish you continued success.Trustindex verifies that the original source of the review is Google.Gurdeep K2024-03-26I engaged with Daniel & Karam for tax advice, I received good and direct advice that didn't beat around the bush. I was pleased with their honesty and their flexible approach. I would recommend them for anyone looking for creative ways to structure their taxes and/or companyTrustindex verifies that the original source of the review is Google.Kian2024-03-23HHM Accountants specialist tax strategy saved my property transfer and properties portfolio thousands in tax. Thank you Karam for your amazing work. Would definitely recommend.Trustindex verifies that the original source of the review is Google.Anthony Lukeman Okafor2024-03-04Very affordable, trust worthy, always available to help with all our accounting needs and a true professional. I recommend the accounting firm to anyone in need of reliable accountant.Showing our latest reviewsVerified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
We provide a full range of accounting services tailored for serviced accommodation businesses, including tax compliance, VAT advice, financial reporting, tax planning, and bookkeeping. Our goal is to simplify your finances, ensure compliance, and help maximise profitability.
Serviced accommodation businesses may need to register for VAT if their turnover for the last 12 months exceeds the threshold (currently £90,000 per year). Also, if you expect your taxable turnover to exceed £90,000 in the next 30 days, you must register for VAT. Our team can guide you on VAT registration, advise on VAT schemes that might benefit your business, and handle all VAT filings on your behalf.
Our free consultation is an opportunity to discuss your business goals, financial challenges, and specific accounting needs. We’ll assess how our services can support you and develop a plan to improve your tax efficiency, compliance, and financial clarity.
Effective tax planning can minimise your tax liabilities, allowing you to reinvest savings into your business. Our tax experts help you take advantage of deductions, allowances, and other strategies to free up resources for business growth and stability.
Absolutely. Compliance is crucial for serviced accommodation businesses, and our team ensures you meet all regulatory requirements, from accurate bookkeeping to filing annual returns. We take the stress out of compliance, so you can focus on growing your business.