News

More choice in insolvency protection by Jochen Eversmeier Friday, September 16, 2022 The former Swiss Re and Zurich specialist for travel price hedging Jakov Dolic is building up business in the German market for Arcus Solutions. With Arcus Solutions, a provider from abroad is entering the German hedging market for travel providers. He wants to […]

It has now been confirmed that the state funeral of HM Queen Elizabeth II will be on Monday 19th September 2022, which will also be a national bank holiday. The government have advised that this will allow individuals, businesses and other organisations to pay their respects to Her Majesty and commemorate her reign, while marking […]

It’s still only the beginning of September but we are seeing that this year’s September renewals are going to be very busy and the total number of Travel Company’s we are managing are ahead of 2019 volumes.   September has always been the busiest renewal period of the two annual renewals (March and September) for ABTA […]

Travel & General Insurance Services (t&g), part of the Assured Underwriting Group, the main travel bond specialist in the UK for the past 40 years is opening a European bonding division under the name Arcus Solutions. Arcus Solutions is established in France and is recognised by regulators in Ireland, Germany, Austria, The Netherlands, Belgium, Sweden […]

The 1st of April 2022 saw Covid guidance ending and some major changes to how we as a society live with covid being implemented. Asymptomatic testing has been abolished altogether for most of the population and with free lateral flows also stopping from 1st April 2022, this will mean that there are more people than […]

There is no doubt that the Package Travel Regulations 2018 (PTRs) were not written with a Pandemic in mind. But despite that, the PTRs are the law which regulates the travel industry, who with their  legal advisers have had to do their best to interpret how the PTRs apply in a raft of situations for […]

Previously in respect of tips given to staff, the UK Government pledged to take action. In 2016 they started a consultation on tips, gratuities, cover and service charges. In 2018 they announced their intention to legislate, to provide that tips left for workers are retained in full by those workers. The government estimates that this new […]

As the sun sets on the  government’s furlough scheme which will end in exactly 15 days’ time on the 30 September, the government has updated its guidance for employers on the Coronavirus Job Retention scheme. However before you all get excited, it’s not an extension to the current scheme, but rather what employers will need to consider […]

Smart Currency supports ABTOT Members/ T&G clients to make the best decisions for their business by helping them understand FX risk, and how to manage it. Their forecasts are designed to educate finance managers on political and economic movements, and how the uncertainty of the currency markets can affect businesses. In this Quarterly Forecast for […]

TOMS Update-EU Member State VAT Registrations Our German VAT and Croatian contacts recently shared the news that they are treating third country tour operators with effect from 1 January 2021, as subject to normal German and Croatian rules so a registration is required. In simple terms, non-EU businesses (including those in the UK) would be required […]