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Hospitality

VAT rates return to 

The Government  Furlough Scheme ended on 31st September 2021.

Government support continues for the hospitality sector

into 2022...

  •      On 21st December 2021: Government introduced one-off grants for up to                      £6,000 per premises and further support via local authorities.

  • ·         Recovery​ Loan Scheme – Launched 6th April 2021 with Loans up to £10m 

  • Reduced VAT  ended 31st March 2022

  • Support for businesses paying Tax - 'Time To Pay Service' - you can apply to HMRC for a Time to Pay facility.

  • 'Kick Start Scheme' - Grant Funding - aimed at providing employment for 16 - 24 year olds. 

  • Grants available from your Local Council. Local councils all have different allocations. 

Prompt, has worked with hotel groups and understand the complexity of occupancy rates, return per occupant and pricing through referral online portals.