Transport businesses claimed £55m in research and development (R&D) tax relief in 2020/21, according to HMRC’s latest R&D tax credit statistics. However tax relief specialist Access2Funding, part of the Ryan company, is warning that tran…
HMRC is warning businesses that import goods that they only have a few weeks left to move across to the UK’s new streamlined customs system. Import declarations must be submitted through the new Customs Declaration Service (CDS) from 1 October t…
Thousands of operators risk losing the ability to import goods unless they move to the UK’s new customs system now, HMRC has warned. Businesses submitting import declarations must switch to the customs declaration service (CDS) from 1 October wh…
Wincanton increased revenues by 16.3% to £1.4bn and saw underlying profits before tax soar to £58.1m, preliminary results showed. For the year ending 31 March 2022, the logistics group said it had achieved growth across all four sectors; eFulfil…
Hauliers using red diesel for their fridge motors have been reminded that the rebate ends next year, resulting in additional costs for operators. HM Revenue & Customs said it was “vital” that the economic and practical impact of the loss of …
The government has effectively offshored UK haulage work to foreign operators after announcing it had slackened the rules on cabotage, according to the RHA. The business group said the move to allow continental hauliers to take on unlimited work…
Government plans to roll out a new customs system by March 2023 is “not fit for purpose” and faces “huge challenges” technology specialists are warning. The warning comes as the government announced this week that its Customs Declaration Service…