Last week, the Northern Ireland Protocol Bill was introduced to parliament and the Government published a document, setting out the issues facing Northern Ireland and how the Bill will seek […]
The definition of R&D is much broader than many businesses imagine and despite less than 1% of all R&D claims being made by businesses in the Transport and Logistics sector, […]
With tax relief available on the purchase of fixtures and fittings and the bonus of a super-deduction on purchasing assets to fit out a warehouse, transport and logistics companies should […]
The government is proposing a UK Single Trade Window (STW), investing £180m in the build project of this digital service, which will allow businesses to input data relating to imports […]
Background FAQS on freeports can be found below Click here to jump to Freeports Customs and Tax Zones FAQS Why is the UK introducing freeports? Added 27/01/2022 Aimed at creating […]
There could be many upcoming opportunities for manufacturers and transport & logistics businesses, as the UK’s new freeports begin to open up. Relocating to these special economic zones can be […]
There are currently plans in place to implement eight new freeport sites in the UK, which should be up and running in the near future. Although, for businesses in the […]
Further to the below, HMRC have announced that the current customs arrangements for goods moving from Northern Ireland and the Republic of Ireland, to Great Britain, will be extended, for […]
Sean Turner – VAT and Transport and Logistics SpecialistDD: +44 (0)207 465 1908 Update on transition from CHIEF to CDS Further to previous Government announcements and proposed timelines, HMRC’s new […]
As ocean freight charges continue to rise, customer relations and an emphasis on cash management are more vital than ever for UK-based hauliers and freight forwarders. So, how can firms […]
One of the biggest changes we will see in payroll for 2022/23 are the National Minimum Wage (NMW) increases. Chancellor Rishi Sunak said that the increase, “ensures we’re making work […]
The Annual Investment Allowance (AIA) gives businesses the opportunity to claim 100% capital allowances in the year of expenditure on qualifying capital assets. £1 million annual investment allowance extended to […]
Tax increases the Government may be devising in order to recover expenditure from dealing with the pandemic need to be cautiously measured. This would aid in preventing additional problems for […]
HMRC has recently published recent guidance on how to operate a customs site within a Freeport. Here follows a summary of this guidance. Using Customs sites Freeport customs sites, or […]