CATERER EATS OUT
TaxationIn this section you will find all articles about taxation, giving you an easy route to all the information and news about taxation on Caterersearch. For subject overviews take a look at Caterersearch’s expert guides that provide 'everything you need to know' on popular subjects like taxation, Gordon Ramsay, Compass or Michelin-starred restaurants. Pages 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Previous | Next Alcohol licensing nothing more than stealth tax, says FSB
High costs hit Irish restaurant profitsHigh costs mean restaurateurs in the Irish Republic make a profit of just €3 (£2) for every €100 (£66.83) spent in their premises. Country house hoteliers concerned at rate rises
UK is unlikely to follow French VAT reductionFrance's success in securing the go-ahead to slash its VAT rates on restaurant meals from 19.6% to just 5.5% is unlikely to stimulate similar moves in the UK, according to the British Hospitality Association (BHA). Tax planningAre you a shareholder in a family company? Do you take dividends instead of salary? Self assessmentYou may already have received a tax return for 2004/05. If you do not receive a return you have no obligation to complete one. However, if you are not sent one but you had untaxed income or taxable capital gains in the year, you have an obligation to notify the Revenue of that fact by 5 October. The Revenue will then decide whether or not to issue you with a return. National minimum wageSince the Government introduced the National Minimum Wage Act in 1998 most workers have been entitled to a wage equivalent to, or higher than, the nationally set minimum. Employers face large financial penalties if they don't comply. Certain changes to the national minimum wage regulations, including the minimum wage rates, came into force on 1 October 2004. Brown restricts tax rises to wine and beerChancellor Gordon Brown has put a penny on a pint of beer and 4p on a bottle of wine in what is believed to be the last budget before the General Election. The tipping point?Last month the Inland Revenue published its revised guidelines for businesses on how to deal with tronc schemes, tips and service charges. While the British Hospitality Association called them "a victory for common sense", the guidelines also drew attention to a problem that for too long has been swept under the carpet: the service charge. The employer now has increased flexibility as to how the tronc is used, but, as a result, the service charge - already an ambiguous and haphazard convention in the minds of the consumer - has become even more open to interpretation. Isn't it time the industry sought to address the confusion of its customers? Employee accommodationDavid Harris, a barrister and tax and national insurance specialist, looks at the financial implications of offering accommodation to hotel staff Hoteliers in the Midlands face huge rate risesMidland hotels are facing bigger rate rises than the rest of the UK, according to property agents Christie & Co. Your Shout: Business rating updateby Jerry Schurder, partner and head of rating at Gerald Eve Confusion over drink laws as election looms
Operators fail to exploit time-saving VAT schemeSmall restaurants and hotels are failing to take part in a scheme that could significantly reduce their administrative burden, according to Customs and Excise's small business champion Roger Halson. Family firms will face taxing timesFamily-run restaurants and hotels could be clobbered with larger tax bills, after the Inland Revenue won a landmark case last week. Taxman helps businesses that comply with DDABusinesses that have made alterations to their premises to comply with the new Disability Discrimination Act can qualify for tax relief. Table TalkAn Australian hotelier has come up with an ingenious way of simultaneously dealing with complaints and promoting the sale of his hotel... Restaurateur wins an 18-month tronc battle with Inland RevenueA London restaurateur claims to have won his 18-month battle with the Inland Revenue, following an investigation into his business's tronc scheme which nearly brought it to its knees. In briefBanks lose coffee bars... Missed tax deadlines cost businesses dearSmall and medium-sized hotel and restaurant businesses may be leading the way in sales increases, but a government agency has warned that more and more are paying millions of pounds a year by missing tax deadlines. Pages 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Previous | Next |
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