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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 [...]

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 [...]

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 [...]

Lancashire has assets to make staycation the norm, say leaders

Lancashire has the attractions to make holidaying at home the norm, but it must achieve customer service excellence and drive up quality according to a panel of regional tourism leaders. Experts, brought together in Blackpool for a high-level discussion on tourism in the Red Rose County, said the sector must not become complacent and allow [...]

Why its pays to renew in renewables

The holiday season is well underway, but as business owners no doubt many of you are already looking ahead to your winter refurbishment programmes. If you are planning investment in your property than it’s worth finding out more about the Enhanced Capital Allowances (ECA) scheme that provides businesses with enhanced tax relief for investment in [...]

Tourism sector rolls up its sleeves for 2010

Cumbria’s tourism sector is ready to fight “tooth and nail” to make 2010 a successful year. That was the defiant message from hoteliers and tourism chiefs when they met in Kendal to discuss how the region can bounce back from last November’s floods and capitalise on the “staycation” phenomenon of 2009. Representatives from some of [...]

Leisure and tourism chiefs to discuss area’s future

Leisure and tourism bosses are to meet in Kendal next month (February) to discuss the industry’s prospects for 2010 and beyond. Ian Stephens, chief executive of Cumbria Tourism, and Jane Randall, head of visitor economy for the NWDA, will meet with hoteliers and other leisure businesses from across the county at a special roundtable discussion [...]

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