Vat Increase to 20%

I’m sure you are all aware that VAT is increasing to 20% from the 4th January 2011 and this means that your prices will need to go up to take account of this. So here at Innscribe we want to make this as easy as possible for you. Click here to get the Gross Profit ready reckoner which will help you work out your new prices for next year.

Saving for your Rainy Vat Day with 20% Increase.

Innscribe are always looking for ways of helping you be prepared for all your costs & bills. Now with the increase to 20% nearly upon us, our VAT Dept recommends now saving 7% of £1,000 of your bar takings and 15% of £1000 of your food takings in order for you to be ready for when the VAT bill arrives.

SAVE UP TO £350 ON YOUR PUBLIC HOUSE INSURANCE?

Commercial combined cover for your pub which can cover buildings & contents & much more, at a competitive rate!

If you are interested drop me an e-mail at michelle@innscribeuk.com & I will get our insurance specialist to contact you.

Xmas gifts for licensees from the BII

Wireless Energy Meter – a bit topical and for just under £38 you can see which appliances are costing you the most money and encourage you to put things on stand by and disconnect things and maybe use less often .
I know in my house if the washer, dishwasher & the kettle are all on at the same time the dial just whizzes round, so I try not to use them altogether!

New Tills!! – If yours are old & a bit “Open all Hours” “… watch those fingers Granville!” you could benefit from Santa bringing you a new till. Stock reports will be more accurate & business analysis will be better too!

Gift Vouchers – not for you but for your pub…why not offer your customers some gift vouchers from now up to Xmas, it would be like a little savings plan, maybe £5 to £15 a week for the next four weeks and that covers Xmas dinner and or drinks etc…might be an idea!

Energy price increases

I don’t know about you but I’m going to be looking at alternative prices for my energy supplier as I’m with British Gas & already pay a fortune and I haven’t even got a pub! They are raising their prices by 7% for both electric & gas from 10th Dec 2010 which could mean up to £7,000 a year more for pubs, which of course will have a knock on effect on your bottom line. You would think in these hard times they would stave off price increases so get yourself on the internet and have a browse around. The Morning Advertiser has recommended using a broker as the commercial market is fraught with complexity.

A little snippet of information which you might not have known is if a licensee takes over a temporary site so you are out of contract with your energy supplier, you get charged from 14.95p per unit straight away. However in a contract the charge is between 7.5p & 10p per unit which is a big difference and brokers are the ones that can help you make the right decision. If you would like to speak to a local broker then e-mail me at michelle@innscribeuk.com and we will make sure you get the best advice.