It’s not credit card charges that are excessive it’s the criticism

Last week the BBC Radio 4’s Money Box programme rapped the travel industry over “excessive” credit and debit card charges. The Department for Business Innovation & Skills (“BIS”) issued guidance on the Consumer Protection (Payment Surcharges) Regulations 2012 in March 2013. This guidance quite clearly refers to the prohibition of excessive payment surcharges, but clearly…

WHA Budget Summary 2013

So, how to sum up yesterday’s Budget? If we were to use the plays of William Shakespeare as our guide, the Tories will no doubt hope it will be a case of “All’s Well that Ends Well”. Labour on the other hand would say it was “A Comedy of Errors”. In truth, it was probably…

WHA footie success at ABTA

A team of industry ‘players’, led by WHA partner Mark Caldicott, toasted success recently in the annual challenge football match at the ABTA Travel Convention in Turkey. The WHA team beat a Lowcostbeds team 5-1 to lift the coveted ABTA trophy. I would like to take this opportunity to say a big thank you for…

HMRC’s New Penalty Regime

From 2010-2011 H.M Revenue and Customs have dramatically increased the financial penalties for late submission of self assessment returns. These penalties are in addition to the increased penalty regime introduced in April 2009. Annexed is a resume of their new powers and new penalties which do not just relate to late submissions but also to…

Understanding the annual investment allowance

When the previous government doubled the annual investment allowance (AIA) from £50,000 to £100,000, the response was widely received in positive manner. It was also a way for the former government to keep our businesses spending to apparently “stimulate growth” within the economy. However, since the coalition government gained power the “goal posts” have subsequently…