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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
Find us quickly
130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk T +44 (0)20 7556 1200
To see estimates of how much National Insurance a tronc can save you and your staff, click the drop downs below closest to the amount of tips, gratuities and service charge (tips) you collect per month.
| Tips collected per month | Employee saving per month | Employer saving per month | Total saving per month |
| £5,000 | £500 | £690 | £1,190 |
| Tips collected per month | Employee saving per month | Employer saving per month | Total saving per month |
| £15,000 | £1,500 | £2,070 | £3,570 |
| Tips collected per month | Employee saving per month | Employer saving per month | Total saving per month |
| £30,000 | £3,000 | £4,140 | £7,140 |
| Tips collected per month | Employee saving per month | Employer saving per month | Total saving per month |
| £50,000 | £5,000 | £6,900 | £11,900 |
Our Troncmaster Services team can help you access these savings by implementing a HMRC compliant independent tronc scheme.
We assist various businesses in the hospitality industry including bars, restaurants, hotels, and casinos. Our tronc systems are transparent, fully compliant with HMRC regulations, exempt from National Insurance Contributions, and result in substantial cost savings for both employers and employees. Whether you're a new venture or an established business, we can support you in establishing and executing a personalised troncmaster scheme. Contact us today for a free consultation.
With regards to Buzzacott, you have been perfect for us thus far. The turnaround from whereby I send the figures to when they come back is fantastic, I have no issues whatsoever .
Craig – Virgin Hotel
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.
