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Whilst our entire industry still remains in the survival stage of this crisis and our immediate focus remains on helping our members through this phase, we are also aware of the need for a reopening plan that provides the opportunity for businesses to return to profitability with the help of reduced taxation and the need for ongoing financial support well beyond the date of reopening.

Key to recovery will be a clear roadmap of policy, financial and fiscal interventions which support a timely, safe and viable re-opening of the hospitality sector.

Working with our industry stakeholder group we have compiled the following list of the key interventions required and now seek the views of the industry.

Please rate the following list of interventions on a scale of 1 – 5 with 1 being the LOWEST priority and 5 being the HIGHEST priority:

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* 1. UK GOVERNMENT: Maintain current reduced VAT rate of 5% for next financial year (April 2021 – March 2022)

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* 2. UK GOVERNMENT: Extend reduced VAT on sales of alcohol in the on-trade

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* 3. UK GOVERNMENT: Reduce alcohol duty for the on-trade

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* 4. UK GOVERNMENT: Provide adequate funding to support a UK wide twelve-month business rate holiday

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* 5. UK GOVERNMENT: Delay commencement of repayment dates for CBLs and Bounce Back Loans

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* 6. UK GOVERNMENT: Provide a flexible, phased CJRS scheme to assist the gradual return to profitability and support businesses until opening is viable to assist in the gradual crossover from subsidy to sustainability.

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* 7. UK GOVERNMENT: Abolish domestic air passenger duty to support the domestic tourism market

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* 8. NI EXECUTIVE: Establish a NI Ministerial Re-opening Hospitality Strategy Steering Group to support the reopening of hospitality

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* 9. NI EXECUTIVE: Reverse the previous reopening strategy from; 'who can open- here are the rules', to 'here are the rules and those that can comply can open' whilst providing financial support for those that cannot operate sustainably under the rules

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* 10. NI EXECUTIVE: Extend the current business rates holiday for a 12-month period (April 2021 – March 2022).

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* 11. NI EXECUTIVE: Provide a flexible LRSS transmission scheme to support businesses until opening is viable

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* 12. NI EXECUTIVE: Provide a Top Up Grant to support the industry through the current lockdown as the worst impacted industry

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* 13. NI EXECUTIVE: Provide a re-financing grant to kickstart reopening

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* 14. NI EXECUTIVE: Provide financial support for COVID related safety measures such as improved ventilation.

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* 15. NI EXECUTIVE: Deliver a dedicated Hospitality marketing campaign, positioned within wider Tourism NI and Tourism Ireland tourism and local Council marketing campaigns (traditional, online and social) to rebuild consumer confidence, reinforce the Good to Go safety message and drive demand.

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* 16. NI EXECUTIVE: Carry out a review of criteria for proposed Voucher Scheme (when introduced later in 201) to ensure that it directly benefits local hospitality businesses.

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* 17. NI EXECUTIVE: Provide fiscal and re-financing regime from commercial banks, including extension of Bounce Back Loan facilities and additional working capital facilities and capital moratoriums on term debts to drive demand and increase competitiveness.

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* 18. NI EXECUTIVE: Establish a Rent Hardship Fund to support tenants and landlords that have agreed a reduction in rents, with Government making up a proportion of the shortfall.

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* 19. NI EXECUTIVE: Re-establish air and sea connectivity through financial support to our airports. With GB being a major visitor market for NI, access and connectivity will be key factors in rebuilding both the hospitality and wider tourism economy. Support for our beleaguered coach tour operators will also drive future visitor demand.

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* 20. Any other comments?

0 of 20 answered
 

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