Tourism Accounting
Serving tourists requires diverse expertise. You need to look after transportation, catering, accommodation, leisure activities, and experiences. We can help ensure you have your finances in order, whether you are a tour operator or an individual service provider.
The team knows the everyday life of the tourism industry
Our specialists understand the challenges and opportunities of such a seasonal industry.
Sectors we serve
Accomodation services
Do you accommodate guests yourself or take bookings for others? This is the key question from the perspective of VAT. Either way, we can help you.
Adventure services, events and ancillary services
Your company may provide a range of different services, including transport, catering and excursions. The VAT status of different kinds of services can be difficult to determine. We are here to help.
Tour operators
Are you familiar with how the Finnish Value Added Tax Act defines ‘travel agency’? And do you know whether the VAT margin scheme for travel agencies applies to your business? We have the answers.
Our strengths
Seasonal business
Are you unsure how to handle taxation and insurance for foreign employees? Are you scratching your head about the various supplements and seasonal variations in payroll? We can help!
Reporting
Up-to-date reporting helps in business management, even as advance payments keep accruing outside the high season
Value-added tax rates for tourism enterprises
The industry is highly diverse, and there are several value-added tax rates. We will work with you to ensure you apply the best possible practices
Applying marginal taxation in the tourism industry
We know that marginal taxation can be difficult. We understand complex situations and can give you a plain answer
Impact of advances
Invoicing and paying advances can affect the company’s cash flow. We will devise a plan together to ensure you have enough cash reserves to cover the low season.
Continuous support
Bring some clarity to your finances with regular meetings with a specialist. We will work together to ensure you have a successful season
We know what it takes to run a tourism business
We know how to apply marginal taxation and treat advance reservations. We understand how the industry’s seasonality affects your personnel and cash flow. We can advise on the pricing of services liable for marginal taxation, and we can arrange reporting that reveals the profitability of all relevant sites and businesses.
We are also well-versed in handling specific international issues related to employee insurance and taxation. By working with us, tourism entrepreneurs can make their seasonal businesses and everyday lives easier.
Experts of the industry
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Contacts per agent increased by 48% while our CSAT score stayed above 90%. The ultimate goal is to be able to wrap a human-centric layer of automation. These improvements to their customer experience reduced churn by 0.5%, and is helping them gain a competitive advantage
Talenom was an ideal solution for HILLAVA. These improvements to their customer experience reduced churn by 0.5%, and is helping them gain a competitive advantage. Talenom has changed the way our sales and support teams collaborate.
These improvements to their customer experience reduced churn by 0.5%, and is helping them gain a competitive advantage. Contacts per agent increased by 48% while our CSAT score stayed above 90%. The ultimate goal is to be able to wrap a human-centric layer of automation.
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