Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
23 March 2022
Spring Statement 2022: Corporation TaxThe Spring Statement was anticipated to be light on changes to Corporation Tax and in this regard the Chancellor delivered.
02 February 2022
COVID-19 support for the Hospitality & Tourism sector and related supply chainSo far in 2022, encouraging progress has been made in slowing the spread of the Omicron variant of COVID-19. Large outdoor events were permitted to return from 17 January, indoor events from 24 January, and from 31 January the “Work from home if you can” guidance was relaxed. However, the restrictions still in place continue to impact many businesses and further details have now been released on how the Scottish Government’s funding support package will be distributed to those businesses most impacted.
07 September 2021
Changing VAT rates for the hospitality and tourism sectorIn the midst of the coronavirus pandemic in 2020, Chancellor Rishi Sunak announced a temporary 5% reduced rate of VAT for the hospitality & tourism sector. This period of reduced VAT is coming to an end on 30 September 2021. Rosalind Catto, Head of Hospitality and Tourism, takes you through which VAT rates are changing and when.
23 November 2020
‘Eat Out to Help Out’ – HMRC begin compliance checksHMRC has begun to verify thousands of claims made under the Government’s ‘Eat Out to Help Out’ scheme earlier this year. Where HMRC’s records suggest that incorrect claims may have been made, businesses are being requested to check these and report any errors. Alex Docherty, Tax Partner, explains further.
10 November 2020
A new breed of farming entrepreneursHalloween-themed pumpkin picking. Glamping holidays. Wine tasting tours. All fun ways to spend a weekend; but did you know they’re also an increasingly important part of the long-term sustainability of Scotland’s farming sector?
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