Reaction to the March 2012 budget

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Please refer to the link below for my initial reaction to the Chancellors speech and budget for 2012:-  http://www.travelmole.com/news_feature.php?news_id=2000841&c=setreg&region=2  I also enclose a copy of our 2012 budget summary, which provides more detail into the Chancellor’s budget plans. WHA Budget Summary 2012  

The Travel Convention 2011

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Please click here for the presentation by WHA’s head of travel Chris Photi at the 2011 Travel Convention:- http://www.thetravelconvention.com/video_chris_photi.php  

HMRC’s New Penalty Regime

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From 2010-2011 H.M Revenue and Customs have dramatically increased the financial penalties for late submission of self assessment returns.  These penalties are in addition to the increased penalty regime introduced in April 2009.  Annexed is a resume of their new powers and new penalties which do not just relate to late submissions but also to [...]

Understanding the annual investment allowance

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When the previous government doubled the annual investment allowance (AIA) from £50,000 to £100,000, the response was widely received in positive manner. It was also a way for the former government to keep our businesses spending to apparently “stimulate growth” within the economy. However, since the coalition government gained power the “goal posts” have subsequently [...]

Atol trust guidance palms off failure liability to agents

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Atol trust guidance palms off failure liability to agents

Reaction to the March 2011 budget

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My initial reaction to the Chancellors speech and budget for 2011.

OTAs selling no-frills flights can ‘sidestep’ ATOL reforms

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“One small step for man, one giant leap for mankind”? Yesterday’s Atol reform announcement by the aviation minister was little more than a baby step albeit in the right direction.

Boardroom Ready

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Sometimes Managers and Owners have a poor financial planning of growing businesses. They do not understand the value of financial forecasting, key performance indicator, or even what their financials tell them about their company.

Emmergency Summer Budget 2010

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We all knew the ‘Emergency’ Summer Budget was likely to be tough – given the dire state of the public finances the Chancellor believed there was no other option. But what did it mean exactly for businesses, entrepreneurs, employees and families? The attached Budget Summary provides details of the key changes announced and the tables of the main rates and allowances.

Travel Republic Appeal

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Using the analogy of Premiership football when it comes to the CAA and court hearings and appeals, the CAA would be Portsmouth! How many times can you go to court in less than five years and lose? How much tax payers money has been spent in fighting what from the outset always appeared losing causes? Presumably given the latest ruling they will also be paying the defendant’s costs too!!