Chris Photi, Head of Travel and Leisure at WHA has had an article published in Travel Weekly, which assesses some of The CAA’s proposals in the recent consultation part 2. Please click the link below to view this article: Atol reform plans ‘lack consistency’, warns leading industry figure Should you have any questions relating…
By Jake Cohen, Finance and Regulatory Analyst at White Hart Associates Travel businesses do not want mandatory bonds or the forced segregation of customer monies as part of a new-look Air Travel Organiser’s Licence (ATOL) scheme. These are two of the key findings from the Civil Aviation Authority’s (CAA’s) long-awaited summary of responses from…
By Chris Photi, Head of Travel and Leisure at White Hart Associates Well done Lucy Huxley, Ian Taylor and the TW Group team on an excellent TW Spring Travel Forum at the Google building yesterday. It was a thoughtful series of sessions and thank you for allowing me to give a financial outlook overview to…
By Chris Photi, Head of Travel and Leisure at White Hart Associates An important new announcement in Germany could lead to UK businesses being forced to pay Value Added Tax (VAT) when supplying travel services in Europe. You may remember our blog from December, explaining that under a new UK version of the Tour…
At the outset of the COVID-19 crisis, one of the first support measures put in place by the Government was to grant businesses the option of deferring VAT payments for liabilities due between 20 March 2020 and 30 June 2020. We know many of our clients utilised this HM Revenue & Customs reprieve, and as…
By Chris Photi, Head of Travel and Leisure at White Hart Associates With all the focus on the terrible impact of the pandemic, it’s easy to forget that the transition period for the UK’s exit from the EU will end shortly and there will be changes from January 1st. For the travel industry, that means…
By Chris Photi, Head of Travel and Leisure at White Hart Associates It has become clear during this crisis that the current regulatory framework isn’t fit for purpose on so many levels. Before the pandemic there were questions about how long it could last. Now it’s on its last legs. The Air Travel Trust Fund…
By Chris Photi, Head of Travel and Leisure at White Hart Associates This next six weeks is a watershed period for travel businesses. I’m usually an optimistic person, but there’s no sugar-coating the fact that we are entering a desperately difficult time for the industry. In September and October, companies face huge issues renewing…
By Chris Photi, Head of Travel and Leisure at White Hart Associates The travel industry has been through the toughest period anyone can remember and unfortunately it is set to get worse before it gets better. The government’s quarantine rules and advice against travel, coupled with the tapering off of the furlough scheme, will put…
WHA’s Nicolar Spoor posted the enclosed Blog Entry on the ICAEW’s Travel, Tourisim & Hospitality forum: The CAA announced yesterday they are standing firm on September Atol renewal deadline, despite the extra work that has been created in this renewal process with the newly launched Atol portal. In excess of 200 Atol holders have still…
