The tax and bureaucratic requirements in the hotel and catering industry are constantly growing: the obligation to retrofit electronic cash registers, the preparation of procedural documentation, unannounced cash inspections, accounting obligations and currently increased audits … These are just a few of the topics that present challenges to businesses every day.

What distinguishes the hotel and catering industry?

As is well known, the hotel and catering industry is characterised by a multitude of legal, business and tax challenges, special features and unfortunately also pitfalls. In the legal field, for example, these include the choice of the optimal legal form, legally secure contractual arrangements (employment contracts, leases, franchise agreements, etc.); in the business management field, these include in particular a meaningful accounting system as an efficient instrument for corporate management (revenue and liquidity planning) as well as sound price calculation and post-calculation. Special tax features include special recording obligations, cash management and retention requirements.

What consulting approaches does Acconsis pursue for the hotel and catering industry?

It is our claim to understand the industry-specific characteristics and the market and to be a reliable partner with entrepreneurial expertise in all relevant areas of the industry. We advise and accompany you in all stages of development of your restaurant or hotel, from the first business idea or company foundation or purchase, investment promotion opportunities, to the later exit, sale or handover to the next generation. In each phase of your business, our experts will work out the optimal solution for you. In addition to the obligatory services such as financial and payroll accounting, preparation of annual financial statements and tax returns, you benefit in particular from our industry-specific expertise. A particular focus of our consulting services is your support in the areas of cash audits, process documentation and tax audits.

What is particularly moving the industry?

It can be stated that in recent years, companies have increasingly come under the focus of the tax authorities. Furthermore, the tax requirements for the companies have also grown steadily.

This trend was already apparent in the letter from the Federal Ministry of Finance dated November 14, 2014, which defines the proper keeping and storage of books and documents in electronic form and data access (GoBD).

What does this mean?

The resulting obligation to retrofit electronic cash registers – whereby the retention of open cash registers is still permissible – has required a large investment from many companies. Now, companies are also required to implement a certified security system, and everyone is talking about the obligation to issue receipts. From this, the obligation to create a procedural documentation must also be emphasized, in which the operational processes and the data processing software used as well as the hardware are included.

In many cases, the small and medium-sized enterprises concerned are overburdened with the implementation of these requirements. Even compliance with the requirements for proper cash management is practically impossible for them. The fact that the fulfilment of these obligations can now also be checked by the tax office by means of an unannounced cash check has led to great uncertainty in the industry.

As the tax authorities have increasingly been confronted with the question of whether they could still ensure uniform tax execution in the hotel and catering industry (FG Baden-Württemberg of 12.06.2018 – approval of the revision to the BFH), more and more tax audits are currently being carried out in this sector.

The results of these audits are often threatening the existence of the companies. They are confronted with sometimes horrendously high estimates or indiscriminate safety surcharges, which they have to defend themselves against!

Your ACCONSIS contact person for tax advice

Thomas Knopf

Thomas Knopf
Steuerberater und Geschäftsführer der ACCONSIS

Service-Phone
+ 49 89 547143
or per E-Mail
t.knopf@acconsis.de

Your ACCONSIS contact person for support during tax audits and criminal tax proceedings

Dr. Christopher Arendt

Rechtsanwalt 
Fachanwalt für Steuerrecht 
Dr. Christopher Arendt 
Geschäftsführer der Acconsis GmbH Steuerberatungsgesellschaft

Service-Phone
+49 89 547143
or per E-Mail
c.arendt@acconsis.de

Our recommendation

“Just contact us or visit us on selected topics of our free INSIDE event series. Especially in the hotel and catering industry, we serve a wide range of industry representatives. And some of them have been doing so for many years. Irrespective of the size of your business, we can propose tailormade consulting models. As a cooperation partner of DEHOGA Bayern, you can also meet ACCONSIS experts as speakers on various specialist topics!

My experience with ACCONSIS

Isabella Hren
Bayerische Tourist GmbH

“Our cooperation covers several levels. ACCONSIS is a premium partner of DEHOGA Bayern. The partner program of the association is managed by BTG. In addition, we are customers of ACCONSIS with all GmbHs and the AG.”

Read more…