Chancellor News - Boutique Hotelier

Pressure mounts on chancellor to extend hospitality VAT cut until April 2023

ALSO IN THE NEWS by Zoe Monk on May 26, 2021

A new petition is calling for the hospitality VAT cut to be extended until next year, and include the sale of alcoholic drinks

Budget was overall ‘good news for hospitality’ but ‘more needs to be done’

HOTEL MANAGEMENT by Zoe Monk on March 4, 2021

While the business rates holiday extension, VAT cut and continuation of the furlough scheme were broadly welcomed by the sector, it was hopeful that the measures would be extended for a full year to better support the industry's recovery

Deliver popular package of support to help hardest hit, says UKHospitality

ALSO IN THE NEWS INDUSTRY by Zoe Monk on March 3, 2021

New data showed that more financial support for hospitality would be backed by the majority of Britons, and would provide a much-needed boost in 'Red Wall' constituencies

Over 80 MPs back letter to Chancellor calling for hospitality sector support

HOTEL MANAGEMENT INDUSTRY by Zoe Monk on March 1, 2021

Some 83 MPs have written to the Chancellor ahead of this week’s Budget, for an extension to the VAT cut and business rates holiday

More than 200 industry leaders write to chancellor pleading for emergency support

HOTEL MANAGEMENT INDUSTRY by Zoe Monk on February 26, 2021

The letter states that nearly two-thirds do not have enough cash to survive until the end of May, with trading restrictions set to leave businesses unable to breakeven until the June lifting of restrictions unless vital support is given

Chancellor confirms business rates review will now be published in autumn

ALSO IN THE NEWS by Zoe Monk on February 19, 2021

Government will publish its final report later in the year, instead of in next month’s Budget, when there is ‘long-term clarity on the state of the economy and public finances’

Petition for 5% VAT to remain until March 2022 reaches 10,000 signatures

ALSO IN THE NEWS by Zoe Monk on February 9, 2021

Upon reaching this milestone, the government will now respond directly to the petition that is calling for the saving to be extended for another 12 months

Chancellor announces furlough extension until March on 80%

CAREERS JOBS by Zoe Monk on November 5, 2020

Speaking to the Commons, Chancellor Rishi Sunak said that any part of the UK will be able to access the furlough scheme until next March

Chancellor expected to announce new support for workers in Tier 2 restrictions

ALSO IN THE NEWS FINANCE & REVENUE HOTEL MANAGEMENT by Zoe Monk on October 22, 2020

Speaking in the Commons today, the chancellor is to provide an update to the Job Support Scheme (JSS) following a meeting with UKHospitality's Kate Nicholls

EXCLUSIVE: Hotels start reducing prices to pass full 15% VAT cut onto guests

BEST PRACTICE FINANCE & REVENUE HOTEL MANAGEMENT INDUSTRY OWNERS & OPERATORS by Zoe Monk on July 17, 2020

More hotels opt to reflect the VAT cut in prices for rooms and dining, in a bid to increase consumer confidence, while The Pig Hotels retain the full amount and instead is choosing to donate £5 to Hospitality Action for every booking made until January 2021

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