Sector overview
The hospitality sector includes hotels, restaurants, and tour operators managing service delivery and supply chains. Key financial items include GST rate classification, food and beverage cost controls, and room revenue auditing. We help hospitality brands, luxury resorts, and food chains manage compliance, audit cash receipts, and optimize direct and indirect tax structures.
Common challenges
- Navigating GST rates on room tariffs vs food and beverage services.
- Auditing room revenues and booking reconciliations from travel platforms.
- Maintaining internal controls for high-volume cash and card transactions.
- Verifying food and beverage inventory levels and waste management.
How we support this industry
- Statutory audits and revenue audits for hotels and restaurants.
- GST compliance and rate classification advisory services.
- Internal audits of food and beverage procurement and inventory.
- Support with applications for tourism development incentives.
