News – 19.12.24
Buzzacott advises Rose Street Partners on its investment in Kenwood Damp Proofing PLC
Discover how Buzzacott supported Rose Street Partners on its investment in Kenwood Damp Proofing PLC … Read more
Insight – 18.12.24
Start-up guide: Everything you need to know about Tronc schemes to set your new hospitality business up for success
One challenge for new hospitality businesses is the management of tips and service charges. … Read more
Upcoming event – 16.01.25
VAT on Private School fees training
This in-depth, interactive training seminar is designed to provide school administrators, bursars, finance officers, accountants, and trustees with tailored support and expert insights on the practical implementation of VAT. … Read more
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130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk T +44 (0)20 7556 1200
Preparing for change: Tipping Act and Code of Practice Webinar slide deck
Review your tipping practice
In advance of the new tipping legislative requirements, we can assist you in reviewing your current tipping practices to help you adjust to the Tipping Act. Our expert team will conduct a thorough assessment of your tipping practices, examining factors such as clarity, fairness, transparency, and compliance with regulatory requirements. We'll provide actionable insights and recommendations tailored to your business, helping you align your tipping policies with the Tipping Act and Code of Practice.
Implementing an independent tronc
We support a wide range of businesses in the hospitality sector by acting as their troncmaster, from bars and restaurants to hotels and casinos. Our troncs are completely transparent, conform fully to HMRC requirements and the new tipping legislative requirements, provide an exemption from National Insurance Contributions and offer significant savings to employers and staff. Get in touch to see how a tronc could benefit you and your employees today.
Review your tipping practice
In advance of the new tipping legislative requirements, we can assist you in reviewing your current tipping practices to help you adjust to the Tipping Act. Our expert team will conduct a thorough assessment of your tipping practices, examining factors such as clarity, fairness, transparency, and compliance with regulatory requirements. We'll provide actionable insights and recommendations tailored to your business, helping you align your tipping policies with the Tipping Act and Code of Practice.
Implementing an independent tronc
We support a wide range of businesses in the hospitality sector by acting as their troncmaster, from bars and restaurants to hotels and casinos. Our troncs are completely transparent, conform fully to HMRC requirements and the new tipping legislative requirements, provide an exemption from National Insurance Contributions and offer significant savings to employers and staff. Get in touch to see how a tronc could benefit you and your employees today.
With the Employment Allocation of Tips Bill (Tipping Act) and Code of Practice set to come into force on 1 October 2024, it's crucial for your business to adequately prepare for compliance. Download our free checklist today to ensure you're ready for the upcoming changes.
Call us today on +44 (0)20 7710 3389 or email troncmaster@buzzacott.co.uk. Alternatively, fill in the form below and a member of our team will be in touch.
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