Richard Askew looks at the impact of changing business models and managing cash flow effectively for the survival of hospitality, leisure and tourism businesses.
Armstrong Watson has strengthened its aim to be the 'go to' accountancy firm for family and owner-managed businesses across the north now that it has acquired another successful, long-standing North East practice.
Hexham-based accountancy firm Patricia J Arnold & Co has found the perfect match in Armstrong Watson as a business that will continue to provide a personalised service for its clients.
The off-payroll working rules are designed to ensure individuals working like employees but through their own limited company pay the same Income Tax and National Insurance contributions as individuals who are directly employed.
IR35 legislation is expected to impact around 170,000 individuals who work through their own personal service company (PSC), who according to the Government would be deemed employed if engaged directly. However, it isn’t just those individuals who will be impacted, with the legislation also reaching to the following entities:
We're delighted with our continued growth in Newcastle resulting in the expansion from our original Quayside base to a larger office in Newcastle’s City Quadrant.
Over 350 business owners in the UK hospitality sector participated in our latest survey, with worrying results showing that 37% of business owners are considering closure or selling their business.
The Kickstart Scheme aims to provide funding to create new 6-month job placements for 16 to 24 year olds who are currently claiming Universal Credit and at risk of long term unemployment. The Government has just published guidance on how this new scheme will work for employers.
Rishi Sunak delivered his £30bn package of measures aimed at supporting, creating and protecting jobs, with some specifically targeted boosts for the hospitality sector