Taxation
In this section you will find all articles about taxation, giving you an easy route to all the information and news about taxation on Caterersearch.
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Hoteliers in York are fighting a proposed tourist tax which they say could have "detrimental implications" for the city's businesses and economy. Labour-controlled York City Council is considering a proposal by the York Fairness Commission to levy a £1 per head per night contribution on all visitors to the historic city.
Posted: 08 February 2012 | 15:29
The British Hospitality Association (BHA) is urging the Government to allow hotels to benefit from the Enterprise Investment Scheme (EIS), following the Chancellor of the Exchequer's failure to include hotels in the scheme in his autumn statement.
Posted: 07 February 2012 | 15:12
Pub company JD Wetherspoon chairman Tim Martin has renewed his call for a reduction in VAT, as the company revealed that like-for-like sales for the 12 weeks to 15 January 2012 were up 3.6% on the same period a year ago. December saw strong like-for-like sales.
Posted: 18 January 2012 | 10:57
Tax disputes between small and medium-sized business and HM Revenue & Customs (HMRC) could be soon be resolved more quickly and easily following the introduction of a pilot dispute resolution process for SMEs. The Alternative Dispute Resolution (ADR)will employ independent HMRC facilitators.
Posted: 09 January 2012 | 11:57
British Hospitality Association chief executive Ufi Ibrahim appeals for the industry to get behind the campaigns to cut VAT for hospitality
Posted: 23 December 2011 | 14:41
The British Hospitality Association (BHA) has issued a letter to its members, urging them to help campaign for a reduction in VAT for the hospitality industry to 5%. The letter comes after it was revealed that the association would be ramping up its efforts on securing a VAT reduction.
Posted: 08 December 2011 | 15:31
The British Hospitality Association (BHA) is to ramp up its efforts to campaign for a reduction in VAT for hospitality, as its behind-the-scenes work with Treasury officials begins to bear fruit. The association is about to make a significant investment in the engagement of PR firm Portland.
Posted: 01 December 2011 | 12:50
The British curry industry has called on the Government to boost the restaurant sector by reducing VAT on the sector by 5%. It said that reducing VAT would boost the number of diners and head off a contraction in the curry restaurant industry...
Posted: 29 November 2011 | 13:32
Some of the hospitality industry's biggest names have spoken up in favour of a ground-breaking proposal that would see thousands of new jobs created in the sector in return for a Government commitment to slashing VAT.
Posted: 28 November 2011 | 11:07
Tax consultancy RSM Tenon has started offering VAT health checks to hospitality businesses after the taxman launched a crackdown on tax evasion in the restaurant sector. Earlier this month, HMRC revealed it was investigating 530 restaurants for tax evasion in London, the North-west and Scotland.
Posted: 16 November 2011 | 11:08
The taxman has started investigations into more than 500 restaurants suspected of tax evasion since HMRC set up a task force to tackle the problem earlier this year. HMRC revealed today that it was looking at a total of 531 restaurants, 159 of which were in London, 150 in the North-west and 222 in Scotland.
Posted: 02 November 2011 | 17:58
The UK's high rate of VAT is one of several barriers to the growth of the hospitality industry, a new report from the British Hospitality Association (BHA) has warned. The report, entitled Hospitality: Driving Local Economies, is aimed at highlighting the critical role the sector plays in the economic and social life...
Posted: 13 October 2011 | 09:46
The Government has introduced a 35p cut in tax for lower strength beers. Beers with an alcohol content of 2.8% ABV and below will get a 50% tax break,...
Posted: 03 October 2011 | 11:33
This week, our Slash VAT, Boost Business campaign moves up through the gears. The campaign, which aims to press Government to ease the burden of taxation on the UK hospitality industry, launched as a result of the rise in VAT by 2.5% to 20%, back in January.
Posted: 30 September 2011 | 17:12
On 1 July, the Irish government announced a slash in the VAT rate for hospitality and tourism businesses from 13.5% to 9% in an effort to give the struggling sector a much-needed boost. Two-and-a-half months on, hoteliers and restaurateurs are cautiously positive about the 4.5% reduction, as Elly Earls discovers
Posted: 30 September 2011 | 14:26
There is strong evidence for a reduction to 5% VAT for hospitality in a move which could create as many as 310,000 jobs, raise additional tax revenue and reduce VAT fraud
Posted: 28 September 2011 | 16:42
Shadow Chancellor Ed Balls yesterday raised the possibility of a temporary cut to VAT to help boost the UK economy. Balls stopped short of making a concrete pledge on the issue and there were few details on what shape such a cut should take.
Posted: 27 September 2011 | 11:25
French hospitality veteran and lobbyist Jacques Borel has turned his attention to a VAT cut in the UK, having helped secure reductions in many other countries. He tells Neil Gerrard why the time is right for a cut here
Posted: 23 September 2011 | 15:07
Britain's beer drinkers are footing 40% of the entire European beer tax bill according to a new report, which the British Beer & Pub Associations (BBPA) said adds weight to calls for a rethink on tax hikes planned for the next UK Budget.
Posted: 22 September 2011 | 12:42
The InterContinental Hotels Group (IHG), the world's largest hotel company by number of rooms, has thrown its weight behind Caterer and Hotelkeeper's Slash VAT, Boost Business campaign.
Posted: 19 September 2011 | 18:28
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