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Hospitality & Retail · Brisbane

Accountants for Restaurants & Cafés

Food cost, labour cost, rent — three percentages decide whether a venue survives. We report them weekly, not annually.

CPA-qualifiedRegistered Tax & BAS AgentsFixed monthly fees

What margins should a Brisbane restaurant watch?

Three, tracked as a percentage of revenue: cost of goods (commonly 28–35% for food, lower for beverage), labour including super and on-costs (commonly 30–35%), and occupancy (ideally under 10%). Together they usually consume 75–80% of revenue, and small drifts eliminate profit entirely. The accounting job is making those numbers visible weekly via POS and payroll integration, and keeping GST, PAYG and super funded.

  • Specialist support for restaurants, cafés and bars
  • Fixed monthly packages from $220
  • BAS, payroll and year-end handled together
  • Benchmarked against ATO industry figures

What we watch

What matters most for restaurants, cafés and bars.

Weekly, not annual, numbers

POS and payroll feeds give food and labour percentages while you can still act on the week — the only cadence that changes anything.

Award and penalty rate risk

Restaurant Industry Award classifications, weekend and public holiday penalties, split shifts and allowances. Underpayments compound fast.

GST on mixed supplies

Most prepared food is taxable, but some retail lines are GST-free. Miscoding at the POS flows straight into a wrong BAS.

Fitout, not just rent

Fitout depreciation and lease incentives handled properly — often a large, overlooked deduction in year one.

Deductions

Restaurants & Cafés — what you can claim.

A working checklist we go through with every client in this sector. Substantiation requirements differ by item — we'll tell you which need records and which don't.

  • Food, beverage and packaging costs
  • Wages, super, penalties and allowances
  • Rent, outgoings and utilities
  • Fitout depreciation and equipment
  • Repairs, maintenance and pest control
  • Licences, permits and food safety compliance
  • Marketing, delivery platform fees and commissions
  • Laundry, uniforms and cleaning
  • Waste removal and grease trap servicing

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FAQ

Restaurants & Cafés — questions we're asked most.

How do I know if my food cost is too high?

Compare weekly food cost percentage against your menu's theoretical cost. If actual runs materially above theoretical, the gap is wastage, portioning, theft or supplier price rises that haven't reached the menu. You can only run that comparison with recipe costing and accurate POS categories — which is a setup job, not a reporting one.

Are tips taxable?

Yes. Tips are assessable income to the person who receives them. Where tips are collected by the business and distributed, they generally pass through payroll with PAYG withholding, and can attract superannuation depending on the arrangement. Cash tips retained by staff remain their assessable income.

Can I claim delivery platform commissions?

Yes — commissions are deductible business expenses, and the GST treatment depends on the platform's structure. Watch how sales are recorded: many venues record only the net deposit, which understates both revenue and deductions and distorts every margin percentage.

What's the biggest compliance risk in hospitality?

Payroll. Award interpretation, penalty rates, junior and casual rates, allowances and super on allowances. Underpayments accumulate quietly across many staff and years, and they're now enforced aggressively. A periodic award review costs far less than back-pay plus penalties.

Written & reviewed by

Tax Accountant Brisbane Team

CPA-qualified accountants & registered tax agents

Our Brisbane team has prepared thousands of individual, small-business and SMSF returns since 2015. Every guide on this site is written, fact-checked and updated against current ATO rulings and legislation.

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Accountants for restaurants & cafés — let's talk.

Free 15-minute consultation, fixed monthly fee, and an accountant who already knows your sector.

Call 0422 026 728Get a free quote