Covid-19 and Non-Domestic Rates Relief for Businesses in 2021-22

All retail, leisure and hospitality businesses occupying properties with a rateable value of up to £500,000 will receive 100% non-domestic rates relief for the duration of 2021-22. This enhanced retail, leisure and hospitality relief scheme, in combination with WG existing Small Business Rates Relief scheme, will ensure that over 70,000 businesses in Wales will pay no rates at all in 2021-22. Businesses in the leisure and hospitality sectors with a rateable value of over £500,000 will also received 100% rates relief for 2021‑22, recognising the acute impact the pandemic has had on these sectors. The scheme will operate in the same manner as it did in 2020-21, with local authorities […]

Re-igniting the North Wales visitor economy

Go North Wales have developed a series of events to help tourism and hospitality businesses with their post Covid recovery by looking at various aspects of everyday business activity. Session 1 : Engaging with your customers to build a firm foundation for the year aheadA one-hour webinar from hospitality specialist Melanie cash, introducing you to ways you can consider the customer journey in your business, how to focus on key areas to develop this further, introduce new processes and approaches to help you enhance customer engagement and be more successful in the year ahead.Thursday 18th March 2021 at 10amTo Book click here  Session 2 : Revenue Management Solutions to help the Tourism Hospitality and […]

National Form and Value report into UK Self-Catering

The Association of Scotland’s Self-Caterers (ASSC) and the Professional Association of Self-Caterers UK (PASC UK) have commissioned Frontline Consultants to carry out an Economic Impact Assessment of the Self-Catering Industry in the UK. The study will consider the economic impact of all visits made to self-catering providers in the UK and will provide a country by country and area by area breakdown of this expenditure.  It will: assess expenditure by property-owners and managers, and visitors in the local economyprovide an independent, evidence-based, understanding of the direct and indirect economic impact/contribution of the self-catering sector in Scotland, Wales, Northern Ireland and Englandestimate the full-time equivalent jobs supported by the sectorassess the […]

Wales Grant Survey

PASC UK have put together a Wales Grant Survey to try to understand how many self catering businesses have received which Grants, and how many have not. The information provided will allow a comparison between the countries of the UK and by Wales Local Authority. The deadline for completion is next Tuesday 9th March at 1700.

Town Centres in Wales to benefit from £15.2 million placemaking fund

The new funding package, available to all of Wales’s Local Authorities, is designed to be as flexible as possible and will offer support for a wide range of projects, from green infrastructure developments and the creation of active travel routes, to internal and external improvements for business owners.

Business rates holiday extended for 12 months

The rates holiday for the retail, leisure and hospitality sectors in Wales will be extended for a further 12 months. The £380m package provides retail, leisure and hospitality businesses with rateable values up to £500k, and charities in Wales with a straightforward year-long business rates holiday – going beyond what has been announced in England – providing a much-needed boost for small and medium sized businesses struggling to cope with the impacts of the pandemic.

Recovery Loan Scheme

A new loan scheme to support access to finance for UK business as they grow and recover from the disruption of the COVID-19 pandemic. The Recovery Loan Scheme ensures businesses of any size can continue to access loans and other kinds of finance up to £10 million per business once the existing COVID-19 loan schemes close, providing support as businesses recover and grow following the disruption of the pandemic and the end of the transition period. Once received, the finance can be used for any legitimate business purpose, including growth and investment. The government guarantees 80% of the finance to the lender to ensure they continue to have the confidence […]

Budget Update – 3 March 2021

Furlough will continue until September, with no change of terms. After July, businesses will be asked for a 10% contribution, rising to 20% in August and September.Support for the self-employed will also continue until September. 600,000 self-employed people excluded from the government’s support package so far will be able to claim direct cash grants as part of an extension to the SEISS.The National Living Wage will rise to £8.91 from AprilThe 5% reduced rate of VAT will be extended for six months to 30 September followed by interim rate of 12.5% for another six months. The standard rate will not return until April next year.Contactless Payment – From today, the […]