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Out-of-home food and drink sales fall nearly 60 per cent in March

17 April 2020

Britain’s managed pub, restaurant and bar sector saw collective like-for-like sales drop 57.6 per cent in March as the country moved into lockdown due to the Coronavirus outbreak.

Travel businesses hanging by a thread as they await a response from BEIS
Tim Robinson

03 April 2020

We discuss issues for travel businesses as they await a response from the Department for Business, Energy and Industrial Strategy (BEIS) on customer refunds as a result of the coronavirus outbreak.

Impact of coronavirus on venture capital and private equity in the tech sector
Charlie Jolly

02 April 2020

The venture capital and private equity industry have invested heavily in the technology sector, from seed investments in new ideas to buyouts and take-privates of established businesses.

Creative sector tax relief during coronavirus: maximising cash returns
Matt Appleton

01 April 2020

The coronavirus pandemic has made it more important than ever to make the most of every opportunity to maximise cash returns. One way that businesses in the creative sector can generate inward cash is to claim creative sector tax relief.

Out-of-home food and drink sales down 3.3 per cent in February

12 March 2020

The scale of the impact of the developing coronavirus crisis, plus the effect of floods earlier in the month, on Britain’s managed pub, bar and restaurant sector in February is revealed in the latest sales data from the Coffer Peach Business Tracker, the established market barometer.

Chancellor offers support to consumer businesses but will it be enough?

11 March 2020

In the Budget 2020, the Chancellor announced a number of changes that will affect consumers nation-wide.

Travel industry alert to flight shaming trend
Ian Bell

26 February 2020

Flight shaming will be one of the consumer trends most likely to impact the travel industry over the next two years, according to the latest research from audit, tax and consulting firm RSM.

Food delivery market set to rise, survey finds
Paul Newman

26 February 2020

Over 70 per cent of hospitality and leisure operators believe that the food delivery market will continue to expand with 45 per cent expecting to increase their delivery sales over the next two years, according to a new survey from audit, tax and consulting firm RSM.

VAT tribunal allows zero-rate for digital newspapers

26 February 2020

Following a tribunal ruling, an independent review and a celebrity led campaign, the Government is under pressure on three sides to end the application of VAT at 20 per cent to digital publications.

HMRC invites claims for overpaid VAT but doesnt agree to pay them

25 February 2020

Following the News Corp and Ireland Ltd Upper Tribunal decision released late last year, in which it was held that the digital editions of The Times and other News Corp newspapers should be zero-rated for VAT, HMRC has published a new briefing explaining how businesses can now submit claims for overpaid VAT. But there is a snag - any claims made are unlikely to be paid until when, and if, the litigation is finally concluded in News Corp’s favour.

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