Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.
Powered by Investing.com

Tuesday, January 11, 2022

Damage To Hospitality Negatively Impacted Growth in December 2021

Andrew Goodwin, chief UK economist at Oxford Economics, is quoted by the FT:

“The damage to the services sector from the resurgence in Covid means it’s likely that GDP fell in December and will struggle to grow much in early 2022, creating a weak starting point for expansion this year.

Experience of previous virus waves suggests that the subsequent rebound is likely to be strong,” 

The problem facing the economy in 2022 (assuming that the hospitality sector can recover) is that of the rising cost of living which will make itself known from April onwards.

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.

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.

No comments:

Post a Comment