On the morning after, we look at some of the effects the Budget could have in Dorset.
HELP FOR HOSPITALITY AND RETAIL Dorset’s hospitality industry got some of the key concessions it asked for from the chancellor. The reduced five per cent VAT rate for hospitality and tourism will stay in place util September 30 and will then go up to 12.5 per cent before reaching its original 20 per cent next April. Alcohol duty will also stay as it is. For Andy Lennox, founder of the Wonky Table group that grew up to represent Dorset bars, restaurants and events companies in lockdown, that was the key concession. “We’re standing here with shattered balance sheets, heavily in debt, with little to no cash reserves,” he said.
Rishi Sunak warned against Amazon tax but Conservative voters support the measure | Personal Finance | Finance
express.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.co.uk Daily Mail and Mail on Sunday newspapers.
Rishi Sunak warned against Amazon tax but Tory voters support the measure
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
| UPDATED: 15:11, Wed, Feb 17, 2021
Link copied Make the most of your money by signing up to our newsletter for FREE now
SUBSCRIBE Invalid email
When you subscribe we will use the information you provide to send you these newsletters.
Sometimes they ll include recommendations for other related newsletters or services we offer.
Our Privacy Notice explains more about how we use your data, and your rights.
You can unsubscribe at any time.
The details of Rishi Sunak s second Budget as Chancellor are yet to be announced, but there s been no shortage of speculation about what could be on the cards. Tax changes are expected by many, and there have been some suggestions from experts that this could include an online sales tax.
OnBuy reports 800% sales growth in January
27th January 2021
OnBuy.com has reported 800% year on year growth so far in January, beating its figures for last year in the first three days of the year. This growth announcement comes as founder and CEO, Cas Paton, prepares to launch OnBuy’s Series B funding round.
In 2020 OnBuy is reported to have achieved 605% year to date growth.
Last year OnBuy saw sales climbing from £24 million to over £200 million and monthly users reaching just under 7 million. The online marketplace puts its success down to its Q4 marketing campaign designed to further support its independent retailers by increasing brand awareness and engagement, which resulted in OnBuy’s Trustpilot review count seeing an increase by 680% from 2019 to 2020. Now standing at over 20,000 reviews, the company has maintained its 4.6/5 rating.