PROMPT  I  business strategies

 improving performance and growing businesses 

VAT rates return to 

The Government  Furlough Scheme ended on 31st September 2021.

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Government support continues for the hospitality sector

into 2022...​

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•      On 21st December 2021: Government introduced one-off grants for up to                      £6,000 per premises and further support via local authorities.

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• ·         Recovery​ Loan Scheme – Launched 6th April 2021 with Loans up to £10m ​

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• Reduced VAT  ended 31st March 2022

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• Support for businesses paying Tax - 'Time To Pay Service' - you can apply to HMRC for a Time to Pay facility.

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• 'Kick Start Scheme' - Grant Funding - aimed at providing employment for 16 - 24 year olds. 

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• Grants available from your Local Council. Local councils all have different allocations. 

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Prompt, has worked with hotel groups and understand the complexity of occupancy rates, return per occupant and pricing through referral online portals.