Leisure and Hospitality News

We act for a large number of leisure and hospitality firms across our three offices
How will the 10 pm Curfew affect hospitality?

How will the 10 pm Curfew affect hospitality?

The government's 10 pm curfew rule came into force on 24 September. How will this affect pubs and restaurants? Pubs and Restaurants Many hospitality businesses have been left frustrated by the decision to impose a 10 pm curfew, with some reporting huge booking losses...

Chancellor Announces Job Support Scheme

Chancellor Announces Job Support Scheme

The Chancellor Rishi Sunak has announced a new Job Support Scheme to top up the wages of workers on reduced hours along with other emergency measures to assist businesses. We have provided a summary of the announcements.   Job Support Scheme The new Job Support...

Eat Out to Help Out – over 64 million meals

Eat Out to Help Out – over 64 million meals

Eat Out to Help Out - over 64 million meals The government has announced that more than 64 million meals were enjoyed by diners across the country during the government's Eat Out to Help Out discount scheme. The scheme closed on 31 August 2020. Government figures show...

Hospitality Sector to reopen from 4 July

Hospitality Sector to reopen from 4 July

Hospitality Sector to reopen from 4 July From 4 July the 2m social distancing will be relaxed. The prime minister Boris Johnson has said that people should keep a distance of “one metre plus”.   Hospitality The Prime Minister also announced that the hospitality...

Tax Rates 2020/21

Tax Rates 2020/21

Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...

Hawsons are here to help COVID-19

Hawsons are here to help COVID-19

During this difficult time Hawsons are here to help and support their clients as best they can The Government has announced new measures to help businesses through this difficult time. The first being the tax helpline to support businesses affected by coronavirus. If...

Bank of England Update for Businesses and Households

Bank of England Update for Businesses and Households

Bank of England Update for Businesses and Households During this difficult time for businesses and households, the Bank of England has put together a list of sites where you can find the latest updates from the Government. The following has been circulated by the bank...

Hawsons makes history after 165 years in business

Hawsons Chartered Accountants is 165 years old Hawsons Chartered Accountants was founded in the city of Sheffield in 1854 – more than 25 years before the creation of the Institute of Chartered Accountants in England and Wales – by Alfred Allott and John Hewett....

The Election Result: What are the tax implications?

The Election Result: What are the tax implications?

Tax implications of the Election Result The general election has ended and the Conservatives have secured a large majority winning 365 seats. What does this mean for tax?  How will the election result affect you or your business? Tax expert Craig Walker provides a...

Pound Drops Below $1.30 as June Retail Sales Fall

Pound Drops Below $1.30 as June Retail Sales Fall

Pound drops below $1.30 as June Retail Sales Fall There has been a surprising fall in the pound after a decrease in retail sales in June. Although the Office for National Statistics expected there to be a 0.2% rise in sales after May, it was reported that sales fell...

Making Tax Digital and VAT: are you ready?

Making Tax Digital and VAT: are you ready?

Making Tax Digital VAT: are you ready? Making Tax Digital (MTD) will commence in April 2019 under the current Government timetable.  Initially this will only be for VAT purposes, with the wider roll out of MTD having been delayed until the system has been shown to...

Tax Rates 2018/2019

Tax Rates 2018/2019

Introduction to tax rates We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used.  ...

Employing the Millennial generation

Employing the Millennial generation

Employing the Millennial generation  They appear to be gaining a notorious reputation for being flighty, demanding and difficult in the workplace. How accurate is this reputation of the millennial, and how do employers retain this “problem” generation? Millennials...

Hospitality staff shortages a real concern after Brexit

Hospitality staff shortages a real concern after Brexit

Hospitality staff shortages a real concern after Brexit One of the key arguments during the Brexit vote was the belief to tighten up immigration and be more selective about who the UK allows in to live here. However, there is a chance this could have backfired, with...

Fall in the pound boosts UK tourism numbers

Fall in the pound boosts UK tourism numbers

Fall in the pound boosts UK tourism numbers Since the EU referendum, the value of the pound has fallen, however one positive to come out of its decline is a boost in tourism numbers for the UK, with the UK enjoying record numbers of overseas visitors in the last year....

What businesses need to know about the new GDPR

What businesses need to know about the new GDPR

What businesses need to know about new GDPR The General Data Protection Regulation (GDPR) is set to come into force from May 2018. It will replace the current Data Protection Act and is the biggest overhaul of data protection legislation for over 25 years. GDPR will...

Input Tax – Beware of the pitfalls!

Input Tax – Beware of the pitfalls!

VAT expert Tony Nickson outlines the pitfalls to avoid when reclaiming input VAT. 1. Reclaims for purchases made before VAT registration It is important to ensure that the maximum amount of input VAT is reclaimed on your business expenditure. This includes input tax...

R&D tax incentives – don’t miss out!

R&D tax incentives – don’t miss out!

R&D tax incentives - don't miss out! Research and Development (R&D) tax incentives can provide additional tax deductions and enhanced cash flow for companies that develop new products, processes or services. Although widely available, many companies wrongly...

The Election result: What are the tax implications?

The Election result: What are the tax implications?

The Election result: What are the tax implications? The general election has ended in a hung parliament – the Conservative party have the most seats but do not have an overall majority. Theresa May has announced that she will form a government with the support of the...

Leisure & Hospitality 2017 Budget review and analysis

Leisure & Hospitality 2017 Budget review and analysis

Leisure & Hospitality 2017 Budget review and analysis The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017. In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to...

10 ways Brexit may affect tourism

10 ways Brexit may affect tourism

10 ways Brexit may affect tourism  Wednesday 29 March was the date when Article 50 was officially triggered, and with that marks the two-year process in which the UK leaves the EU. However, the implications for British travellers are yet to be resolved. In this...

Five ways technology could improve a small business

Five ways technology could improve a small business

Five ways technology could improve a small business  For small businesses, keeping up with all the latest technology can be a difficult task with the speed it moves at. From embracing augmented reality; to making use of 3D printing, we take a look at five ways...

Business rates increase 2017/18

Business rates increase 2017/18

Business rates increase 2017/18 As of 1st April 2017 business rates have increased. In this article we will discuss what business rates are, what has changed, what the government announced in the Budget in order to ease the strain of the increase and whether you can...

National living wage – rising wage costs for employers

National living wage – rising wage costs for employers

The National Living Wage From 1 April 2016, following the introduction of the new National Living Wage, all workers aged 25 and over are legally entitled to at least £7.20 per hour. This was, however, until the Chancellor delivered his Autumn Statement, where he...

Small business 2017 Budget review and analysis for SMEs

Small business 2017 Budget review and analysis for SMEs

Small business 2017 Budget review and analysis for SMEs The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017. In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to...

Apprenticeship Levy: Not long to go

Apprenticeship Levy: Not long to go

The new Apprenticeship Levy will be launched in April 2017. We look at what this is and who will be affected by the government's new levy. What is the Apprenticeship Levy? First of all, only employers with a wage bill of over £3m will be affected by the Apprenticeship...

Tax Rates and Allowances 2017/18

Tax Rates and Allowances 2017/18

Tax Rates and Allowances 2017/18 Many of the tax rates and allowances are fundamental to our business and personal lives and the most important ones for the 2017/18 tax year are summarised here. We are sure that you will find it a useful point of reference throughout...

Contactless payment popularity rises

Contactless payment popularity rises

Contactless payment popularity rises  Contactless payment cards were introduced to the UK in 2007 and initially, the public were reluctant to accept them. Fast forward almost 10 years and one in every five card payments people make is contactless. It was in 2016 when...

The Autumn Statement 2016 predictions

The Autumn Statement 2016 predictions

The Autumn Statement 2016 predictions  The Autumn Statement 2016 on Wednesday is set to be an important event.  It will be the Chancellor’s first opportunity to outline his plans for taxes & spending in the wake of the Brexit vote. But what tax changes can we...

New polymer banknotes start circulation with £5 note

New polymer banknotes start circulation with £5 note

New polymer banknotes start circulation with £5 note The 13th September marked the first day of the brand new polymer banknotes being issued. The £5 note is the first of the banknotes to be launched in England and Wales. The polymer made banknotes are much more...