HMRC
Reporting covers tax policy, compliance requirements, enforcement activity, and guidance relevant to hospitality operators, including VAT rules, PAYE obligations, National Insurance, furlough audits, and Making Tax Digital. Designed for restaurant groups, pub companies, and catering businesses, this coverage helps finance leads and owners navigate responsibilities, avoid penalties, and stay informed on changing legislation.
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Jun- 2020 -18 JuneComment
Employers given 30 days to ‘confess’ to furlough abuses
Legislation is currently being fast-tracked to allow HMRC to reclaim any furlough money overpaid to employers, or not spent on wages as intended. Although we do not have the final version of the legislation, employers should start addressing their minds to the claims they have made to date as soon…
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10 JuneCoronavirus
The Restaurant Group launches CVA, 125 sites to close
The Restaurant Group has announced a proposal to reduce the size of its Leisure estate and rental cost base through a company voluntary arrangement (CVA). The CVA will relate to the group’s Frankie and Benny’s estate, Chiquito and Garfunkel’s sites, but will have no impact on the group’s Wagamama, airport…
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3 JuneComment
Social distancing will end the restaurant as we know it
Overall, the UK government deserves praise for providing swift financial support to small businesses. Here at Bia Rebel we have availed ourselves of that support and in an attempt to keep our staff and customers safe we stayed closed. However, now that restrictions are being eased somewhat and everyone is…
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May- 2020 -21 MayComment
How to keep track of your cash flow
More than ever, cash flow is a key issue for small businesses, and understanding it is crucial to making informed decisions at the right time. The government will be asking businesses to demonstrate that they have an understanding of the state of their cash flow as it stands, and in…
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5 MayCoronavirus
Furlough errors could cost small firms
SMEs are making errors on their applications for the Government’s furlough scheme, meaning they will have to repay thousands of pounds back to HMRC later, accountancy firm UHY Hacker Young has said. The firm explained it has seen many small business applications for the furlough grant that includes the cost…
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1 MayComment
The coronavirus diaries: Piers Baker
Monday 16 March, 2020 Lunch is a normal affair, 50 lovely guests in, looked after by our brilliant team. Extra vigilance being exercised to ensure the government’s advice is being followed. A smattering of the afternoon drinkers in, numbers had been down for a week or so, understandably. At around…
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Apr- 2020 -16 AprilCoronavirus
Chancellor extends furlough scheme deadline
Chancellor Rishi Sunak has extended the deadline for the Coronavirus Job Retention Scheme after it was found that many people who had recently changed jobs were set to miss out. Under the scheme announced last month, employers can claim a grant covering 80% of the wages for a furloughed employee,…
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15 AprilCoronavirus
HMRC adds new guidance on Coronavirus Job Retention Scheme
HMRC has issued new guidance regarding the Coronavirus Job Retention scheme and clarifies eligibility for those returning from sick leave and TUPE staff. Issued at the end of last week the third update to the scheme has provided clarification on all aspects of sick leave including those returning from maternity…
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14 AprilCoronavirus
Petition for Tronc payments to be included in furlough wages hits 6,000 signatures
A petition launched on change.org calling for the government furlough scheme to include tronc payments for hospitality staff has hit over 6,000 signatures. Currently, under the Job Retention Scheme, tronc payments such as tips and gratuities are not not included in the amount paid to furloughed workers. The petition, created…
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7 AprilCoronavirus
Hospitality workers deserve full earnings from furlough scheme, says UKH
UKHospitality has urged the Government to reconsider its decision to exclude tronc payments from the Coronavirus Job Retention Scheme. Under the Job Retention Scheme, tronc payments such as tips and gratuities will not be included in the amount paid to furloughed workers. UKHospitality chief executive Kate Nicholls said the decision…
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