The trade body, UKHospitality has said that implementing an employment and skills strategy would help the sector realise its true potential. Hospitality vacancies are falling Recent statistics from the Office of National Statistics (ONS) showed that vacancies...
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Covid-19 impact on restaurant technology
In the fast-paced and competitive world of the restaurant industry, restaurant operators need to ensure that their operations are as efficient and customer-friendly as possible. Therefore, it is imperative that the latest restaurant technology trends are adopted by...
Hospitality spend decreases as consumers cut down on discretionary purchases
According to the latest figures from Barclaycard restaurant spend dropped by 12.2% in September. This is only expected to decrease more as the cost of living increases, discretionary purchases are expected to reduce. Year-on-year figures show that restaurant spend...
EOT case study – Specialised Movers
Background In 2022, Hawsons Corporate Finance had the pleasure of supporting Specialised Movers Limited (“SML”), a well-established storage and removals company, based in Sheffield, during their transition to Employee Ownership. SML was not previously a client of...
Autumn Statement 2022: When is the Autumn Statement?
The Chancellor of the Exchequer Jeremy Hunt will deliver his Autumn Statement on Thursday 17th November 2022. This is postponed from the previously planned date of Monday 31 October 2022. What time is the Autumn Statement? The Autumn Statement will be...
MTD: Digital start dates and the reform of basis periods
Making Tax Digital for income tax is being introduced on 6 April 2024. It will affect self-employed individuals and landlords with annual business or property income above £10,000. For general partnerships, the start date has been set at 6 April 2025. LLPs will join...
Charity Cyber Security
In 2021, one in eight charities (12.5%) were victims of a cyber-attack according to a survey of 2,330 charities across England and Wales conducted by IFF Research. The pandemic meant that charities were forced to gravitate towards online fundraising methods to enable...
One off charity donations drop as digital donations rise
Recent data has found that one-off charitable donations have dropped due to the cost-of-living crisis. However, perhaps unsurprisingly since the start of the pandemic charities have reported a significant rise in digital donations. One-off charity donations...
New VAT Penalties coming from 1 January 2023
What are the new VAT penalties? From 1st January 2023 a new penalty-based points system will be introduced for all VAT returns that are submitted late or the payment is late. This new system will replace the current default Surcharge. Nil or repayment returns that are...
Skills & employment could help hospitality realise potential
The trade body, UKHospitality has said that implementing an employment and skills strategy would help the sector realise its true potential. Hospitality vacancies are falling Recent statistics from the Office of National Statistics (ONS) showed that vacancies...
Covid-19 impact on restaurant technology
In the fast-paced and competitive world of the restaurant industry, restaurant operators need to ensure that their operations are as efficient and customer-friendly as possible. Therefore, it is imperative that the latest restaurant technology trends are adopted by...
Hospitality spend decreases as consumers cut down on discretionary purchases
According to the latest figures from Barclaycard restaurant spend dropped by 12.2% in September. This is only expected to decrease more as the cost of living increases, discretionary purchases are expected to reduce. Year-on-year figures show that restaurant spend...