The Business Secretary Sajid Javid has launched a consultation on the way restaurants, bars and hotels distribute tips, service charges and TRONCS to employees.

The Government consultation on tips, gratuities, cover and service charges, which will run until 27 June, asks for views on a number of proposals including replacing the current voluntary code of practice with statutory regulation to increase employer compliance, preventing or limiting employers from making non-tax related deductions such as payroll and payment processing charges and making it clearer to customers that suggested payments for service are discretionary.

A well-structured TRONC allows the Troncmaster to reward all front and back-of-house employees who all play a part in delivering a great service. Read More.
Specialist Restaurant and Hospitality Accountants

Jeffreys Henry LLP is one of the UK’s leading firms of Chartered Accountants with significant restaurant experience. We work with Michelin-starred restaurants, themed restaurant groups, individual bistros, gastro pubs and pop-ups.

As well as taking full responsibility for your day-to-day accounting function, we act as your ‘trusted adviser’, providing guidance and support on operations, tips and TRONCS, financing, margins and opportunities.