Keep up to date with the latest news and information from UHY Hacker Young in London
Is your hotel business taking advantage of capital allowances?
March 7, 2018
For hotel businesses, capital allowances can provide one of the most valuable and efficient methods of reducing income tax or corporation tax liabilities on plant and machinery embedded within their property.
Hospitality sector: what’s the outlook for 2018?
February 9, 2018
Just over a year ago, we commented on the restaurant sector and Brexit in 2017. When we review the situation one year on, this is now borne out by events, as a 'perfect storm' appears to be brewing.
Technology and the independent hotel sector in 2018
February 5, 2018
Many hotel industry observers won’t need a crystal ball to predict that 2018 will witness the continuing negative impact of both online travel agents (OTAs) and companies like Airbnb on the turnover of independent hotels.
Applying VAT exemption to room hire
January 16, 2018
There have recently been several VAT Tribunal cases that have added ambiguity to the question of when room hire by hotels and similar establishments for “events” is VAT exempt.
Autumn Budget 2017: What does it mean for hospitality businesses?
November 27, 2017
The Chancellor’s Budget on Wednesday delivered generally positive news for the hospitality sector.
Payment practices and performance reporting: what are your obligations?
October 26, 2017
New regulations combating late payment practices have been introduced by the Small Business, Enterprise and Employment Act 2015.
The bottom line: is REVPAR telling you everything you really need to know?
September 28, 2017
In the current challenging market conditions, you need to know what actions are likely to improve profitability.
Hospitality businesses: it’s time to analyse your performance metrics
August 9, 2017
It is vital, in an industry full of data, that hospitality businesses analyse what is important and that they don’t waste time collecting data that won’t be used or is not worth using.
Protect your business from attempted fraud
July 5, 2017
Fraudulent letters and emails are on the increase - only this week we have been made aware of an accountancy firm being targeted in a potential fraud.
Gender pay gap reporting – what you need to know
June 29, 2017
It has long been recognised that there is a gap between the average pay for women and men and measures are now in place to attempt to bring this gap to a close with the publishing of new regulations, which came into force on 6 April 2017.