Tourism and Leisure

Chris Scargill and Melanie Howard look at the changes to the Furnished Holiday Let regime, as set out in this week’s Budget statement, and discuss the question of who‘ll benefit and who won’t.

We discuss the impact of rising energy costs on the tourism industry and the support available for businesses.

Payroll specialist, Dannielle, considers a recent Supreme Court ruling about holiday pay and what it means for organisations who employ part-year workers.

The Government has announced grants to help businesses hit by the rise in COVID cases, as well as re-introducing the Statutory Sick Pay Rebate Scheme. Martin Sanders discusses what this may mean for leisure, hospitality and tourism businesses and whether the government support goes far enough.

In his Budget statement the Chancellor has confirmed that the reduction in VAT for tourism, leisure and hospitality businesses from 20% to 5% has been extended by six months until 30 September. It will then rise to 12.5% for the following six months before returning to the standard rate of 20% in April 2022.

Chris discusses the new lockdown grants available for businesses in the retail, hospitality and leisure sectors.