kıbrıs ingiltere londra lefkoşa
DOLAR
18,8320
EURO
20,2142
STERLIN
22,7089
BITCOIN
$23.258,15
Adana Adıyaman Afyon Ağrı Aksaray Amasya Ankara Antalya Ardahan Artvin Aydın Balıkesir Bartın Batman Bayburt Bilecik Bingöl Bitlis Bolu Burdur Bursa Çanakkale Çankırı Çorum Denizli Diyarbakır Düzce Edirne Elazığ Erzincan Erzurum Eskişehir Gaziantep Giresun Gümüşhane Hakkari Hatay Iğdır Isparta İstanbul İzmir K.Maraş Karabük Karaman Kars Kastamonu Kayseri Kırıkkale Kırklareli Kırşehir Kilis Kocaeli Konya Kütahya Malatya Manisa Mardin Mersin Muğla Muş Nevşehir Niğde Ordu Osmaniye Rize Sakarya Samsun Siirt Sinop Sivas Şanlıurfa Şırnak Tekirdağ Tokat Trabzon Tunceli Uşak Van Yalova Yozgat Zonguldak
LONDRA
Az bulutlu
8°C
LONDRA
8°C
Az bulutlu
Perşembe Kapalı
8°C
Cuma Kapalı
="http://www.w3.org/2000/svg" viewBox="0 0 300 300" enable-background="new 0 0 300 300">
10°C
Cumartesi Açık
="http://www.w3.org/2000/svg" viewBox="0 0 300 300" enable-background="new 0 0 300 300">
12°C
Pazar hafif yağmur
="http://www.w3.org/2000/svg" viewBox="0 0 300 300" enable-background="new 0 0 300 300">
12°C

Serkan Tatar on the effect of Coronavirus 

Serkan Tatar on the effect of Coronavirus 
02.06.2021
0
A+
A-

TAKING over the family business Munir Tatar & Associates back in February, Account Serkan Tatar spoke with Londra Gazete about the effect Covid has had on the business as well as consumers. As the UK moves along the road map of out of lockdown Tatar raises the question many businesses will face government supports like furlough set to end and loan repayments set to start in the coming months ahead.

“In terms of the general outlook on the current UK economic situation, there are intermittent patterns since the pandemic. Various advocates underlined that 2021 economic growth is set to be higher but no higher than pre-coronavirus. Hence, the vaccine rollout, easing of lockdown and opening of businesses have been encouraging for our clients. Primarily the hospitality sector slowly but surely is trying to work its way up but not to full normality. It has been admirable how restaurants reacted and acted within the current circumstances. They have adapted well to new technology and changing menus.  Grants and furlough provided by the government have been a safety net for businesses however, the aftermath is vital. Whilst there is the demand, of customers people were comfortable because the cost was covered by the government but the main question is what’s going to happen when furlough is put to an end. This is the main question accountants are constantly asked.

“Furlough support has been very crucial during the pandemic, not a generous giveaway but they to go ahead with it. It is a valuable approach but it has a cost too. For instance, the bounce back grant or furlough does come at a cost and now the UK debt is almost 100 per cent GDP. Naturally, one must be pragmatic and ask how this debt would be paid back. This could occur through inflations or raise in taxes. The government has left a few clues that a corporate tax increase could be possible in the future. Money borrowed has to be repaid and that’s a very tough decision.”

Looking at how the first 6 months of Brexit effect on the economy may have not initially been felt, Tatar said “In general, there is a great amount of instability and moving parts in the economy. Brexit has been unnoticed this year due to coronavirus but it’s had a massive impact on international trade. Concerning international exports, there has been a mighty increase in cost and this naturally will have a long-term effect on trade too.  Accounts let business owners know they have to manage and accept. Withal, the patience portrayed by businesses and the right mind-set has allowed them to continue. We’re hoping the worse is over, the road to recovery should be positive for the future.”

Yorumlar

Henüz yorum yapılmamış. İlk yorumu yukarıdaki form aracılığıyla siz yapabilirsiniz.