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Summer Economic Update response: Chancellor's creative measures welcome, but Cash Tax Credits would offer an immediate working capital boost, says RSM
Paul Newman

Whilst RSM welcomes the admirable creativity shown by The Chancellor in supporting the leisure and hospitality sector, alternative and more sustained measures will be required to support businesses beyond the summer.

Key considerations for the leisure and hospitality industry during the coronavirus pandemic
Paul Newman

07 July 2020

A summary of the reliefs and support available to leisure and hospitality businesses during the coronavirus pandemic including a road map out of lockdown.

Open letter to Chancellor urges Government to offer Cash Tax Credits to struggling leisure and hospitality businesses
Paul Newman

02 July 2020

The Treasury should consider Cash Tax Credits to further ease the cash burden on already stretched retail businesses to give them the means of surviving beyond the 4 July reopening date said RSM’s head of Leisure and Hospitality in an open letter to The Chancellor.

Businesses need a further cash boost to help them survive beyond the 4 July reopening date
Paul Newman

24 June 2020

With doors opening on 4 July and the two-metre rule now relaxed, it will be back to business for the leisure and hospitality industry. However, this crisis doesn’t end with the dialling down of coronavirus lockdown and the easing of distancing measures.

Leisure and hospitality

15 June 2020

At RSM, we have a cross-service team of Leisure and Hospitality experts working with operators across the sector. We use our insight and experience to help navigate clients through an ever-evolving landscape, particularly following the Coronavirus pandemic.

Retail sales slide ahead of coronavirus impact but online bucks the trend
Ryan Broomfield

24 April 2020

Responding to the latest retail sales figures for March issued today by the Office of National Statistics, Ryan Broomfield, partner and retail specialist at RSM said:

‘The latest retail sales figures for March reflect the start of a significant downturn in UK consumer spend. The effects of coronavirus and lockdown saw the quantity of sales fall sharply by 5.1 per cent and the value of sales dropped by 5.7 per cent compared to the previous year.

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.

Retail sales slide ahead of coronavirus impact
Ryan Broomfield

26 March 2020

Ryan Broomfield, partner and retail specialist at RSM, comments on the latest retail sales figures for February issued by the Office of National Statistics

Changes to off-payroll working - IR35

24 March 2020

The Government confirmed that the off-payroll working rules (IR35) will be reformed from 6 April 2020. It’s important not to underestimate the impact of these changes and to start preparing for them now.

How will the recruitment sector be impacted by changes to IR35 rules from April 2021?
David Williams-Richardson

24 March 2020

The Government’s confirmed lead option for change is to extend the public sector reform introduced in April 2017 to the private sector. How would this potential change impact the recruitment sector?

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