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Premier Inn

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17 minutes ago, Max Power said:

Is a hotel retail and selling goods?

These arrangements often involve a separate landlord, operating company, franchisor etc...If so, there may be rent which may be taxable but I am not sure the profits of a hotel trade are taxed as "large retail".

 

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5 minutes ago, Phillip Dearden said:

Is a hotel retail and selling goods?

These arrangements often involve a separate landlord, operating company, franchisor etc...If so, there may be rent which may be taxable but I am not sure the profits of a hotel trade are taxed as "large retail".

 

They'll get their "pound of flesh" one way or another.

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6 minutes ago, Phillip Dearden said:

Is a hotel retail and selling goods?

These arrangements often involve a separate landlord, operating company, franchisor etc...If so, there may be rent which may be taxable but I am not sure the profits of a hotel trade are taxed as "large retail".

 

How can it be retail ??

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2 minutes ago, dilligaf said:

How can it be retail ??

How would you define it?

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The profits dont just work out at guests * no rooms* 365. Add restaurants, tax breaks, weddings, funerals, guests and all kinds of events youve not yet even  imagined. A business that never sleeps.

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The advantage of this type of operation to our economy is that they tend to over-employ.

Their evening operation is likely to employ some 5-7  staff, some 100,000 in wages into our economy, this is what the Govt see.

However, it is likely to mop up local underemployment rather that bring in new  employees, though it might have the effect of raising , even though they pay min wages, of raising the 'going rate' for other employments in this sector.

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15 minutes ago, Phillip Dearden said:

Is a hotel retail and selling goods?

These arrangements often involve a separate landlord, operating company, franchisor etc...If so, there may be rent which may be taxable but I am not sure the profits of a hotel trade are taxed as "large retail".

 

I would say that it is yes, they are providing a service to retail customers, just like any business selling services only. There would surely be an exemption for hotel accommodation if that was the intent but no such exemption is listed?

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They'll probably mop up 2000 customers just on the xmas party doo trail.

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56 minutes ago, Kopek said:

Roger, you cynic! Surely our Govt will have ensured that they 'Buy Local'?

I'm not even being cynical (for once), that's just how these branded franchises operate.  The same thing will apply to other such operations such as McDonalds or Costa.  That said it's possible that this one isn't being run as a franchise - most seem to be run directly by the company, though there do seem to be some that aren't in the North West, and you'd think they might want to keep something a bit 'out of sight' run by themselves.  But of course that means there is even less likelihood of local supplies being used, and none of any profit being retained to be taxed.

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15 minutes ago, Albert Tatlock said:

They'll probably mop up 2000 customers just on the xmas party doo trail.

and why not ?

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20 minutes ago, Albert Tatlock said:

The profits dont just work out at guests * no rooms* 365. Add restaurants, tax breaks, weddings, funerals, guests and all kinds of events youve not yet even  imagined. A business that never sleeps.

14 minutes ago, Albert Tatlock said:

They'll probably mop up 2000 customers just on the xmas party doo trail.

Can someone pop round and see if Albert is all right?  And that he's not been taking financial advice off Nigerian princes.

 

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2 minutes ago, Roger Mexico said:
18 minutes ago, Albert Tatlock said:

They'll probably mop up 2000 customers just on the xmas party doo trail.

Can someone pop round and see if Albert is all right?  And that he's not been taking financial advice off Nigerian princes.

At a guess he is on his hands and knees in Church Street, trying to find the plot he seems to have lost.:thumbsup:

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18 minutes ago, Phillip Dearden said:

Is a hotel retail and selling goods?

These arrangements often involve a separate landlord, operating company, franchisor etc...If so, there may be rent which may be taxable but I am not sure the profits of a hotel trade are taxed as "large retail".

 

\in an operation such as this and many other new start ups, our Govts  concern is the wages paid and the Filip this has into our spend into the economy I would suggest that Premier |Inns will only mop up local under employment rather than bring new employees to the Island.

With regard to the contributions that these employees will make to

our economy, it could be that these employers will determine their  shift hours to ensure that the employees will not pay NIC, in order to make the 'Take  Home' Pay more worthwhile. This is a loss to the Treasury in it's hoped for return?

It still remains that any new start up is to the benefit of of our our long term economy.

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Although, how long before the employees in the adult entertainment sector start to out weigh the customers???

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