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By Elaine Wilcox

27th October 2022

Improving Income Streams in the Hospitality Industry

In a trading environment which is becoming increasingly more challenging, it is important that hospitality business owners maximise their income in the periods that they are open.

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hospitality-business-closed

By Elaine Wilcox

24th October 2022

A Perfect Storm for the Hospitality Industry

Hotel, restaurant and public house owners are currently looking hard at their profit and loss accounts.  In these testing times, without adequate working capital, owners must look to their balance sheets for options that will allow them to trade.

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Worried about pensions

By Marcus Dodds

12th July 2022

Pension flexibility – understanding the benefits and the risks

Financial Planning Consultant, Marcus Dodds, looks at the consequences of making early pension withdrawals during these unsettled and challenging times.

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By Richard Andrew

15th June 2022

7 tips to help your hospitality business through the summer season

Here are some top tips for hospitality business owners. Tap into the increased voracity for socialising through the summer.

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rising payroll costs

By Richard Woolgar

4th March 2022

Rising payroll costs, what’s next?

There are various economic factors impacting the increase in wages, with some changes to taxation and minimum wages to arrive in April 2022. Action is needed to navigate your company through these changes. Before we talk about minimising risk, we’ve put a brief overview of the impact to the payroll cost of your business to come.

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Woman ill and not able to work

By Hayley Towlson

3rd March 2022

Can you afford to be off work with a serious illness?

Covid-19 has forced us all to think about our own financial situation. The need for financial resilience, stability and control has become front of mind for many when faced with job insecurity or the possibility of falling ill and becoming incapable of working. Furlough is now a thing of the past we hope as we move out of the pandemic to the endemic phase, Omicron notwithstanding.

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By Richard Woolgar

11th February 2022

Changes to Hospitality VAT Rates

Unless the Chancellor responds to requests from the hospitality industry, starting the 1st of April the VAT rate for most goods and services within the hospitality industry will increase from 12.5% to 20%, this reverses the temporary rates that were in place since June 2020.

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By Richard Andrew

20th January 2022

New grant funding for businesses impacted by Omicron

Businesses in England impacted by the Omicron variant during what would have been their busiest period of the year are now able to apply for a share of £700m funding.

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By Richard Andrew

21st December 2021

What does the interest rate rise mean for you?

The Bank of England base rate has risen to 0.25% after being held at a record low since the start of the pandemic. But what does this mean for you and your business?

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By Matthew Hutton

2nd December 2021

11 top tips to prepare for the Christmas period and maximise turnover in hospitality  

With a lot of noise in the media about potential supply shortages over Christmas, Armstrong Watson’s Matthew Hutton and industry advisor Martyn Vevers have put together some tips to help hospitality businesses prepare themselves for the festive period and beyond. 

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