COSTS IN THE H&L SECTOR, WHAT’S THE IMPACT OF THE VAT INCREASE?
The recent reinstatement of a 20% VAT rate is likely to cause severe financial difficulty for many hospitality and leisure (H&L) businesses at a time when costs are rising and […]
The recent reinstatement of a 20% VAT rate is likely to cause severe financial difficulty for many hospitality and leisure (H&L) businesses at a time when costs are rising and […]
Click a title below to jump to this section of Brighter Thinking. Business Rates and Business Costs Attracting, Hiring and Retaining talent Technology HOSPITALITY AND LEISURE: BUSINESS RATES AND BUSINESS […]
Throughout the Covid-19 pandemic, the forced lockdowns and multiple restrictions, there is no doubt that the hospitality and leisure sector has suffered tremendously, with one of the largest problems lying […]
There is no doubt that restaurant and pub businesses have faced a perfect storm of challenges throughout the pandemic. At a time when factors such as continuing staff shortages, rising […]
One of the biggest changes we will see in payroll for 2022/23 are the National Minimum Wage (NMW) increases. Chancellor Rishi Sunak said that the increase, “ensures we’re making work […]
Gatwick Airport have just concluded a 12-week public consultation on a planned 16-year project to better utilise its existing North Runway as a low impact method of unlocking capacity and […]
The Annual Investment Allowance (AIA) gives businesses the opportunity to claim 100% capital allowances in the year of expenditure on qualifying capital assets. £1 million annual investment allowance extended to […]
Our Hospitality and Leisure specialist Laura Madeley chats to Christina Bosch, Finance Director at Britannia Row about how they adapted through the pandemic. Britannia Row provide high-end audio equipment to […]
Article curated by Hospitality and Leisure Specialist and Assistant Audit Manager Jordan Graves It is no secret that the last two years have been exceptionally challenging for the Hospitality industry. […]
The basic premise is that VAT is due if there is a supply for a consideration. The supply will either be physical goods or a service and the consideration is […]
Tax increases the Government may be devising in order to recover expenditure from dealing with the pandemic need to be cautiously measured. This would aid in preventing additional problems for […]
Menzies Head of Hospitality and Leisure, Chris Maloney, and hospitality management specialist, Ricard Santomà, examine the challenges the Hospitality and Leisure sector has faced over the past year. They discuss […]
As part of the government’s response to Covid they announced a reduced rate of VAT for the hospitality sector which included hotels and tourist attractions. The rate is changing from […]
The past 18 months of ever-changing travel restrictions across the globe has certainly caused major disruption for the travel industry. Now, as restrictions ease, travel seems to be opening up […]