A café: charges on card terminals and restoring the records
A forty-seat place ran for eighteen months without an in-house accountant. After a tax demand, the charges were cut in half.
What happened
A forty-seat café ran for eighteen months without a permanent accountant. Receipts and delivery notes piled up in boxes unsorted, nil returns were filed, while revenue kept flowing through two bank card terminals and in cash. A demand arrived from the tax office for a substantial sum in charges and fines.
What we did
We requested full bank statements for both terminals over eighteen months, matched them against supplier receipts and delivery notes, and rebuilt the stock records for purchases completely. We refiled corrected returns for six quarters and prepared written explanations for every discrepancy in revenue and expenses.
How it ended
The charged amount fell by almost half: a large part of the food purchases turned out to be documented after all. For the remainder we agreed a comfortable six-month instalment plan with no freeze on the accounts. The café moved onto our monthly service.
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