Bottomline
Spring 2012
It's 8:04pm on Wednesday 22nd February, 2012
Should there be a reduced rate of VAT for tourism related businesses?
Tourism and business leaders in our region are calling for the Government to get in line with other EU countries and drastically cut the rate of VAT on the tourism industry. They argue that although every business sector would get a boost from a general cut in VAT, a new rate of 5% for the [...]
Posted by
Colin Johnson
in
Advice for Tourism and Leisure businesses
On February 2 2012
‘Longer stays’ key to boosting Lancashire’s visitor economy
Encouraging visitors to Lancashire to stay longer has been highlighted as the key to boosting the Red Rose County’s visitor economy.
Posted by
Judith Dugdale
in
Advice for Businesses, Advice for Tourism and Leisure businesses
On January 27 2012
Tourism businesses must offer a reason to stay
Having spoken to a lot of hoteliers and other tourism businesses, we’ve found that those who cater for families are generally more worried about 2012 than those who cater mainly for young professionals and older couples with more disposable income. Household budgets are under pressure from high inflation and low growth in the economy, which [...]
Posted by
Judith Dugdale
in
Advice for Tourism and Leisure businesses
On January 6 2012
Buying and running a hotel or guesthouse
Those who do pursue their dream of owning and running a small hotel or guesthouse will need to work hard to be successful in what is a very competitive market.
Posted by
Paul Bennett
in
Advice for Tourism and Leisure businesses, Buying and selling a business
On December 15 2011
Don’t let the tax man take advantage of your hospitality.
The hospitality industry has long been a cause of concern for the taxman but this was tackled head on in May this year with the establishment of a new HMRC task force charged with looking at the sector and scrutinizing the industry for possible tax evasion. To date enquiries have been made into over 500 [...]
Posted by
Adam Parton
in
Advice for Tourism and Leisure businesses, Tax
On November 3 2011
Considering investing in a hotel business? Make tax allowances work for you
Hoteliers can save substantial cash sums by making the most of tax breaks available through the capital allowance regime – but it is subject to imminent changes and early action is recommended. Annual investment allowance The Annual Investment Allowance (AIA) allows 100 per cent relief against profits for the first £100,000 spent in a year [...]
Posted by
Rachel Marsdin
in
Advice for Tourism and Leisure businesses, Tax
On October 3 2011
Tax clampdown targets restaurants for starters
North West restaurant businesses are being urged to ensure their tax affairs are in order after the Government announced a new task force to tackle tax evasion in the sector. HM Revenue and Customs (HMRC) said it will begin targeting the restaurant trade in North West England, as well as Scotland and London, with “intensive [...]
Posted by
PR Office
in
Advice for Businesses, Advice for Tourism and Leisure businesses, Tax
On May 26 2011
Strikes, ash clouds and sunshine add up to boon for South Lakes hoteliers
South Lakes hotel and leisure operators are reporting one of the strongest summer trading periods on record after a dry and sunny start to the holiday season. The record dry spell during the first six months of the year, coupled with the ash cloud fiasco and strike problems affecting airlines, has resulted in strong trading [...]
Posted by
PR Office
in
Advice for Tourism and Leisure businesses, Moore and Smalley news
On August 11 2010
