BHA calls for emergency grace period on VAT

By BigHospitality Writer

- Last updated on GMT

Related tags: British hospitality association, Taxation in the united kingdom, Business

Industry body the British Hospitality Association is calling on the Government to give hospitality and tourism businesses affected by the recent floods a six month grace period on National Insurance, VAT payments and business rates. It is also asking .

Industry body the British Hospitality Association is calling on the Government to give hospitality and tourism businesses affected by the recent floods a six month grace period on National Insurance, VAT payments and business rates. It is also asking the Government to write to banks and utility providers to request that they don't press those affected by the floods for quick payment.

Chief Executive Bob Cotton said, "The floods have caused as much damage to affected businesses as the foot and mouth epidemic in 2001.The Government was quick to offer similar assistance to businesses then and we are asking that it should step in now to alleviate the pressure on those affected."

He added, "Not only have the floods come at the height of the domestic holiday season, but the damage caused will take months to recover from."

Related topics: Legislation, VAT

Related news

Spotlight

Follow us

Hospitality Guides

View more

Featured Suppliers

All suppliers