Hospitality in 2025: what you need to know

Event information

Following the autumn budget given by the Chancellor, the hospitality sector is, understandably, concerned by the changes to be implemented.

In the short term, rising taxes, increasing costs, and consumer confidence risk bringing growth in the industry to a standstill. The employment costs coming in April will make it harder for businesses to support employment and investments in their businesses, particularly for small-and-medium-sized operators.

However, the longer term offers much more positive news, with the Chancellor also announcing a permanently lower level of business rates for retail, hospitality, and leisure properties from 2026/2027. This announcement could therefore be argued that she recognises the high street and the role it plays in the economy.

Given all these incoming changes, what does this mean for you and your clients? What do you need to be aware of? Join us for this webinar where our speakers discuss their thoughts for what 2025 will look like in both the short-term and the long-term, following these announcements. Some of the topics discussed will include:

• Tourism taxes.
• Business taxes and the rise in employers NI contributions.
• Minimum wage increases.
• Draught duty and the future of pubs.
• Lower business rates for retail, hospitality, and leisure properties from 2026/2027.
• What might the budget have in store for the sector in 2025?

Key benefits

• Listen to industry professionals as they discuss the implications of the changes relating to the autumn budget.
• Learn what these changes mean for you, your client and the hospitality industry.
• Examine the impact that this will have in the future.
• Discover the immediate and long-term benefits and drawbacks.
• Have your questions answered at the end of the webinar.

About the speakers

	Sue Rathmell, VAT & Indirect Tax Partner, MHA Sue is an Indirect Tax specialist with more than 30 years’ experience of VAT, Insurance Premium Tax, excise and customs duties. She joined MHA in April 2017 and heads up the Indirect Tax services in the Kent region. Sue spent 5 years as in-house Indirect Tax Manager at Saga plc. Before that Sue worked for a Big 4 firm in London and in Central Europe and initially she worked for HMRC. Sue is a Chartered Tax Advisor. With experience with over 50’s tour operator Saga under her belt, Sue is a travel VAT specialist, helping tour operators understand the Tour Operators’ Margin Scheme (known as TOMS) which calculates how much VAT is due on holidays. TOMS is also used in the MICE (Meetings, Incentives, Conferences and Events) world.
	Jane Pendlebury, Chief Executive Officer, HOSPA Jane Pendlebury is a successful and well-known personality within the worldwide hospitality arena, her career has been dedicated to hospitality. Ambition and enthusiasm have resulted in high achievements and recognition in the field. Jane ran the Membership and Events office for HOSPA from 2014-2016 before being promoted to CEO. Her involvement in HOSPA (previously BAHA) started many years ago as a Member and a Corporate Gold Sponsor. Jane has been part of the operations team for HOSPACE since 2010.
	Sudheer Sharma, CEO, PT Trustees Sudheer has been a qualified Chartered Accountant for over 35 years and has worked for some of the largest accountancy practices of Coopers & Lybrand and Price Waterhouse which led to postings in London and the Netherlands. Since 1991, Sudheer has acquired broad commercial experience and expertise in a range of Industries and has specialised in advising the Travel Industry. Sudheer initially started his Trustee business activities specialising in the Travel Sector in 2001 in a Joint Venture where he set up a long-standing Travel Trustee business. He is an expert in the field of Trusts and Escrow arrangements involving the protection of Consumer and other funds and he has managed a large number of Trusts. In that period Sudheer has expanded the range of Trust and Escrow services provided by PT Trustees for business sectors encompassing Travel (Flight and Non-Flight), Gift Cards & Vouchers, Festivals, Airlines and Acquirer protection vehicles, amongst others.

CPD hours

ICAEW's revised Continuing Professional Development (CPD) Regulations bring in new CPD requirements. This includes a minimum number of hours and an ethics requirement. Attending this webinar could contribute up to 1 hour of verifiable CPD, providing you can demonstrate that the content is relevant to your role.

A copy of the webinar booking confirmation email is accepted as evidence of verifiable CPD. You will need to save the email as a JPEG or PDF before uploading it to your record. Click here to use ICAEW’s self-assessment tool to help you work out how much CPD you will need to fulfil each year.

Costs

ICAEW members and non-members are welcome to join. This event is organised by the Travel, Tourism & Hospitality Community. Please click here to join online.