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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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By Richard Andrew

9th November 2021

Time for hospitality businesses to review their bank finance as interest rate is held at record 0.1% low

The decision by the Bank of England to hold the base rate at the historically low 0.1% will be a relief for individuals and businesses with variable interest rates on their debt finance. However, with inflation expected to reach 5% next year an increase in the base rate seems inevitable at some point in the near future.

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By Richard Woolgar

3rd November 2021

Does your hospitality business have the right front of house systems in place?

As hospitality businesses in England have emerged from months of restrictions and those in Scotland continue to adapt to existing regulations, it might be a good time for businesses to take stock and see if their front of house systems still meet current and future needs.

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Hospitality Business

By Richard Andrew

27th October 2021

Autumn Budget 2021 - The Hospitality Sector

The main announcements for the hospitality sector surround Business Rates and the previously leaked National Living Wage increase...

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Pints of Beer

By Armstrong Watson

27th October 2021

Autumn Budget 2021 - Changes to Alcohol Duty

The Chancellor announced major changes to Alcohol Duty, reducing the number of duty rates bandings from 15 to 6.

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By Sally Jones

20th October 2021

Top 5 Xero add-ons for the hospitality sector

Accounting software, such as Xero, is at the cutting edge of technological change in the business world. Here are the Top 5 Xero add ons for use in the hospitality sector and the benefits they can bring to your business.

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