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Extra £30m for Wales Hospitality, Lei...

Extra £30m for Wales Hospitality, Leisure & Tourism

  The Welsh Government has this week announced a further £30 million for sector specific businesses affected by ongoing coronavirus restrictions. The latest round of the Economic Resilience Fund (ERF) will target small, medium and large businesses in the hospitality, tourism and leisure (HTL) sectors plus related supply chain businesses. Only hospitality, leisure and tourism or […]

Rates Holiday Extended for Wales Busi...

Rates Holiday Extended for Wales Businesses

Welsh retail, leisure and hospitality sectors, have been granted a 12-month long business rates holiday extension, by Welsh Government, following a similar extension for England based businesses, announced in yesterday’s budget.   This £380m package for Wales will support retail, leisure and hospitality businesses whose rateable values are up to £500k, with a 1-year business […]

Land Transaction Tax (LTT) Update

Land Transaction Tax (LTT) Update

Yesterday, the Welsh Government announced that the temporary increase to the nil rate band of LTT for residential property transactions will be extended to 30 June 2021.   Land Transaction Tax (LTT) tax is paid on property transactions in Wales, equivalent to stamp duty (England/N Ireland) and LBTT (Scotland). The different LTT rates and bands […]

Spring Budget Summary 2021

Spring Budget Summary 2021

  Do you know yet how the 2021 Spring Budget announcements will impact you and your business? To help, we’ve produced a Spring Budget 2021 summary booklet to download.   Download our LHP Spring Budget Booklet (PDF, 700Kb) If you are affected by any of these changes or want to learn more, you can also get […]

Digital Tax is Coming, Are You Prepar...

Digital Tax is Coming, Are You Prepared?

Making Tax Digital is fast-approaching for many, comes with penalties for those that don’t comply and involves big changes for most businesses out there. But what is it, how does it affect finance operations and how can businesses prepare?   What is Making Tax Digital? Making Tax Digital is a mandatory government initiative that sets […]

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We would like to take this opportunity of expressing our appreciation of our accountants LHP, and thanking them for taking good care of our business over a great number of years.  As a family, we are the third generation with LHP, and that in itself speaks volumes.

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