By Chris Photi, Head of Travel and Leisure at White Hart Associates Well done Lucy Huxley, Ian Taylor and the TW Group team on an excellent TW Spring Travel Forum at the Google building yesterday. It was a thoughtful series of sessions and thank you for allowing me to give a financial outlook overview to…
The Chancellor’s Spring Statement was delivered amidst dire social and economic circumstances. Living costs continue to increase at an alarming rate; the levels of inflation escalating to the highest in 30 years within an economy struggling to find its feet after the Coronavirus pandemic. Events played out on an international level will also have consequences…
Today the Chancellor Rishi Sunak delivered a Spring Statement amidst rising inflation and a struggling economy trying to recover from a pandemic. If you are trying to decipher how it impacts upon you and your business, rest assured our Spring Statement Summary will be with you tomorrow morning. In the meantime, here are the key…
HM Revenue and Customs have just announced that they are waiving late filing penalties and late payment penalties for Self-Assessment taxpayers for a unique one-month period only. These reprieves are a temporary departure from previous years’ 5% late payment penalty fee, which was charged on any unpaid tax that was still outstanding as of 3rd…
Chancellor Rishi Sunak has announced additional financial support for the hospitality and leisure industry; pledging an additional £1 billion for businesses negatively impacted. Indeed, the Chancellor directly addressed the difficulties endured by the hospitality and leisure industry by acknowledging how negatively impacted these ventures were during the COVID-19 pandemic, extending to recent times with the…
The Prime Minister, Boris Johnson, has announced that the Government will revert to ‘Plan B’ in response to the rise in cases of the Omicron coronavirus variant. This plan introduces updated guidelines, and includes new restrictions for both businesses and individuals. There has been some confusion around the interpretation of the ‘Plan B’ regulations, but…
In the midst of headliners and fevered speculation, Chancellor Rishi Sunak finally delivered his Autumn Budget on 27th October 2021. The Chancellor made clear that this was a Budget to herald a new age of optimism, and would be the foundation stone of a recovering economy emerging stronger than ever after a turbulent 18-months. Embedded…
On Wednesday 27th October, all eyes will be on Chancellor Rishi Sunak, as he delivers his Autumn Budget. However, in an unusual move HM Treasury has released a number of funding announcements in advance of The Budget Speech. Critics have stated that the announcements are simply a ‘political PR exercise’, designed to soften the blow…
By Chris Photi – Head of Travel & Leisure at WHA It’s time for a holistic approach to financial protection that involves all parties dealing with customers’ funds. In our response to the Civil Aviation Authority’s request for consultation on the Air Travel Organiser’s Licence (ATOL) scheme, we have argued strongly for this change.…
Background Commencing 1st July 2021, the process for completing right to work checks on EU, EEA, and Swiss citizens has changed. As an employer, you will no longer be able to accept EU passports or ID cards as valid proof of the right to work. Going forward, all EEA nationals will be required to…
