We want to build a relationship that lasts.
We call it; Appreciative Enquiry. This means we start by understanding what's good and what is working.
Unlike others, we don't look for what's wrong. We look for what's right and build on that.
This means not only telling you what the rules are - but partnering with you to understand - and appreciate - where you are, discover with you where you need to be, then support you to transition.
How we can help you with your tronc
Although we offer a variety of services, our key focus is helping you and your business remain compliant with the everchanging legislation, and getting the most out of your tronc arrangements - both for the business and for your employees.
Advice and consultancy services
Troncmaster partnerships
Compliance audits
Subscription-based models to keep close to your cashflow
Market-leading technology solutions covering digital cash tips and outsourced troncmaster services and payroll.
Solutions that allow staff to access their tips almost instantly (no waiting weeks and weeks for payday) to assist with the current cost of living crisis.
Tronc Health Check
From £950
per Entity/Brand
2 hour review of your current tronc practices
HMRC compliance check
Advice on navigating future legislation
Written report on findings and recommendations
Tronc Consulting
£500 per hour
Are current arrangements fit for purpose or do they need a refresh/update?
Are policies and documents robust?
Do you consider current arrangements future-proof?
Are you ready for the proposed Employment (Allocation of Tips) Act 2023?
Have you been accounting for NICs on tronc incorrectly and due a refund?
Set Up From Scratch
From £1,200
per Entity/Brand
3 hours consulting time
Work with key stakeholders
Creation of required policies and documents
Assistance with employee communications
HMRC compliance check
Advice on navigating future legislation
Please Note: Our fees stated are an estimate of the time required to deliver the stated activities. These may be subject to change should additional work be required. If this happens, we will notify in advance of additional charges being incurred. All fees are stated in GBP and exclusive of applicable VAT, and any out-of-pocket expenses incurred.
What is tronc?
In the UK, a tronc is an organised arrangement used by businesses to manage the collection, pooling, allocation and distribution of tips, gratuities, and other service charges received from customers.
It’s important to carefully track and document the collection and distribution of tips and service charges through the tronc arrangement to ensure compliance with tax legislation and to accurately inform the payroll process.