If You Fuck With The Hospitality Sector, You Fuck With GDP!

More importantly, almost all the real GDP growth during Q3 came from hospitality - there is no economic recovery without hospitality and that is why it is so important to ensure industry properly supported not just now but through a longer slower recovery post Omicron https://t.co/3OALcrINR3

— Kate Nicholls (@UKHospKate) December 22, 2021

Tax Investigation Insurance

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Sunak's Hospitality Support Package

The Government support package will be a Billion pound.

🔺Grants up to 6k per business
🔺30 m culture package.
🔺Statutory sick pay

NO mention of Furlough.
Does that suggest that Lockdown off the table?

Also,Hospitality businesses couldn’t afford to pay staff if closed inside

— Adam Brooks (@EssexPR) December 21, 2021

To be announced today at 13:00

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

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Interest Rates Raised to 0.25%

Bank of England raises interest rates from 0.1% to 0.25%.

The Bank of England’s monetary policy committee (MPC) of nine members voted eight to one in favour of increasing interest rates to 0.25% from 0.1%.

The central bank said all committee members other than Silvana Tenreyro supported the increase, as inflation continues to soar beyond its target rate.

Meanwhile, the central bank will also keep up its £895 billion quantitative easing programme after a unanimous vote in favour.

In my view this is a mistake, given that the hospitality sector is on its knees and that Omicron has not yet peaked.

The economy could have run hot until May/June next year. 

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

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• Appeal to the First-tier Tribunal or Upper Tribunal
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'Twas The Hour Before Rate Announcement

Outside the ⁦@bankofengland⁩ ahead of the interest rate announcement. Streets v empty. Feels quite reminiscent of March 2020 pic.twitter.com/TOh36aHYnk

— Ed Conway (@EdConwaySky) December 16, 2021

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

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Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

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• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Inflation Hits 5.1% - Let It Run Hot

The cost of living surged by 5.1% in the 12 months to November, up from 4.2% the month before, and its highest level since September 2011.

Higher transport and energy costs drove the rise, which was above forecasts of a 4.7% increase, the Office for National Statistics (ONS) said.

I am relaxed about letting it run hot until May or June. Also, given omicron imminent shutdown it is nigh on impossible for the MPC to raise rates. 

I could of course be wrong though, this is economics though not the accurate science of covid models!

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

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• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
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Advice To NatWest

When a client deposits large sums of money in bin bags, that really ought to set the alarm bells ringing!

As per BBC:

NatWest has been fined £265m after admitting it failed to prevent money-laundering of nearly £400m by one firm.

A gold trading business suspected of money-laundering deposited £700,000 in cash into one NatWest branch in black bin bags, a court heard on Monday.

A criminal gang deposited huge sums of cash across about 50 branches, prosecutors for the UK's financial watchdog said.

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

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Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

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• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

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Omicron To Delay Rate Rise

BOE's Saunders: Omicron is key consideration for Dec decision #gbp

— Michael Hewson 🇬🇧 (@mhewson_CMC) December 3, 2021

Tax Investigation Insurance

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You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.