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  • About us
    • Meet the Team
    • Testimonials
  • Our Services
    • Travel & Leisure Industry
    • Taxation
      • Personal & Partnership Tax
      • Corporate Tax
      • VAT
      • Capital Gains Tax
      • Employee Share Option Schemes
      • Research & Development
    • Statutory Audit Services
    • Company Secretarial Services
    • Payroll Services
    • Management Accounts & Financial Reporting
    • Corporate Finance Services
      • Financial Modelling
      • Mergers and Acquisitions
      • Strategic Analysis and Planning
      • Business Valuations
  • Travel Industry
  • MTD
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Category Archives: Travel Articles

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Head of Travel & Leisure

Travel Weekly Article: Atol reform requires a holistic approach

Blog, Travel ArticlesBy Luke PhotiFebruary 20, 2023Leave a comment

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…

CAA document reveals industry views on future of ATOL

Blog, Travel Articles, UncategorizedBy Luke PhotiJune 9, 2022Leave a comment

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…

Head of Travel & Leisure

Bounce-back underway, but huge challenges remain

Travel ArticlesBy Luke PhotiMay 13, 2022Leave a comment

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…

German VAT ruling could hit UK travel businesses

Blog, Tax Articles, Travel ArticlesBy Luke PhotiFebruary 4, 2021Leave a comment

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…

VAT deferred due to coronavirus (COVID-19) – What are your options?

MTD, Travel Articles, UncategorizedBy Luke PhotiFebruary 3, 2021Leave a comment

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…

New rules on TOMS coming soon

Blog, Tax Articles, Travel ArticlesBy Luke PhotiDecember 1, 2020Leave a comment

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…

Head of Travel & Leisure

Trusts may become the only way forward

Blog, Travel ArticlesBy Luke PhotiNovember 24, 2020Leave a comment

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…

The industry enters its watershed period

Blog, Travel ArticlesBy Luke PhotiSeptember 18, 2020Leave a comment

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…

Head of Travel & Leisure

New bill offers hope for travel companies

Blog, Travel ArticlesBy Luke PhotiJune 17, 2020Leave a comment

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…

ICAEW Travel, Tourism & Hospitality Blog Entry: Atol, ARAs and the September renewals

Blog, Travel ArticlesBy Luke PhotiNovember 20, 2019Leave a comment

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…

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