Travel Industry

| Travel Industry Services | What Our Clients Think |

Travel Industry Services

Over the years, Elman Wall has built up a specialisation in all aspects of the travel and leisure industries.

This specialisation, allows us to contribute positively in many ways to our clients' business:

Audits - audit firms and audit expertise are becoming a scarce resource, especially as the statutory turnover for companies requiring an audit is now £5.6million. Regulated companies may need an audit, even if not required by statute. Our audit team spends over half their time on travel related clients and so the audit itself is performed with the minimum of disruption and maximum expertise.
Our tax planning and consultancy takes into account the specific needs of travel regulated businesses. There is often a conflict between efficient tax planning and the requirements of the CAA or ABTA on a company's balance sheet. Failure to recognise these specific issues can be very problematic for a travel business.
We enjoy excellent relations with all travel regulatory bodies and can expertly advise clients in complying with their rules and requirements.
We have well established contacts within the industry and can help clients to minimise their bonding and licensing costs. We are also happy to help clients with licence applications and renewals. Together with arranging the bonds themselves.
We are fully up to date with developments in all aspects of the travel industry and regularly read, and contribute to, Travel Weekly and Travel Trade Gazette.
We are proud to be business partners to ABTA, AiTO and ABTOF and are members of the Institute of Travel and Tourism.
We are experts in the operation of the TOMS VAT scheme and can assist in mitigating VAT liabilities.
We have been involved with the acquisition and disposal of countless travel related businesses. We help groom companies to achieve maximum value on their exit and on the other hand also help acquirers to understand fully the risks associated with the businesses they are seeking to buy. We are "in touch" with the financial market place.