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 HM Revenue makes massive U-turn on Troncs
What the weekend papers say
Revenue ruling makes troncs more complexRestaurants which run their tronc through a separate payroll are to face even more paperwork as HM Revenue & Customs (HMRC) continues its clampdown on tipping. So why does the taxman always pick on us?
Companies face a blitz on benefitsHospitality companies will be in the firing line again this year as the taxman targets staff benefits in kind. Husband-and-wife teams' tax fearsHusband-and-wife businesses face higher tax bills if HM Revenue & Customs (HMRC) succeeds in overthrowing a court judgment made against it late last year.rate Fresh Italy says no fat, no VATA London fast-food operator is calling on the Government to penalise unhealthy food by taxing it more. Small firms fear larger players most
Revenue to pay back three years of VAT?Hotels can now claim back three years-worth of VAT on their conference rates after HM Revenue & Customs (HMRC) conceded that its guidelines were wrong. Software: Capitalising on open source
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 Pages 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Previous | Next |
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