
Tourism and Hospitality News
Welcome to our regularly updated Tourism & Hospitality news.
If you would like further information on any of the issues raised in these news articles, or require assistance or advice with any Tourism or Hospitality queries please contact me.
Simon Cooper
T: 01249 766966
14/5/2012 : Hotel Average Room Rates on the Up
According to TRI Hospitality Consulting, a 1% year-on-year rise in averageUKroom rates, along with a small increase in occupancy rates and food and beverage revenue levels, has given the hotel industry a boost.
4/5/2012 : Major Financial Hit for Caravan Holiday Homes?
One of the latest tax changes to affect the tourism industry is the decision by the Chancellor to apply VAT at 20% on the sale of static caravan holiday homes from October 2012.
20/3/2012 : Business Property Relief Takes a Holiday!
HMRC recently lost a case involving a furnished holiday let, where they argued it did not qualify for Business Property Relief.
19/3/2012 : VAT Changes for Caravan Sites
Certain VAT concessions have recently changed.
3/10/2011 : Room Hire VAT Trap
Hotels need to be careful of the VAT treatment of room hire, cancellation fees and conferences.
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More than a fifth of individuals have failed to put by any funds for their retirement, a new study has warned.
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