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August 31st, 2011

Increase in Wages from October 2011

Adult rate will increase from £5.93 to £6.08 per hour

18-20 yrs from £4.92 to £4.98 per hour

16-17 yrs from £3.64 to £3.68 per hour

Apprentices from £2.50 to £2.60 per hr

From 1st October cigarette vending machines have been banned, pubs wanting to sell them will have to do so under the counter. This is to stop underage children from buying them from the machines as many are unsupervised. Also having an advert promoting cigarettes could mean a fine of up to £5,000 or a 6 month imprisonment or both. It seems the government are cracking down with a firm foot on the selling of tobacco. Does this mean then that Landlords will charge the same price for cigarettes??  

Why not Save for a Rainy VAT Day

It’s always raining when your VAT bill comes a knocking, so why not save a little every week or monthly and cut down on the stress.
Our VAT dept at Innscribe recommend that 13% on £1,000 takings on the food sales and 7% on £1,000 worth of takings on your bar takings will cover you for paying a normal VAT bill. But of course if you’ve bought any large items like kitchen equipment etc then the VAT would be reduced and your savings plan less.

 

 

 

 

If you have any queries or information please e-mail me at michelle@innscribeuk.com
 
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