Transport and Logistics Current Issues

We act for a large number of transport and logistics firms across all three of our offices
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Our transport and logistics accountants are aware of current developments in the sector and through our proactive approach, we inform our clients of any issues that may affect them.

The recent recession has brought a period of great challenge to an already hard pressed and competitive sector, and whilst the recent improvement in the economy is good news for the sector, the burden of regulation, fierce global competition and uncertainty over energy costs remain ever present.

Transport projects
The government has promised to continue to make significant infrastructure improvements a key focus over the next four years through committing billions of pounds to improving the UK’s transportation links.

For more information please get in touch.

Volatile fuel costs
The challenging trading conditions that many transport & logistic companies are facing is heightened by the volatility of fluctuating fuel costs. Using vast amounts of fuel is unavoidable, but mitigating fleet inefficiencies is not. With unrelenting pressures to maintain margins, in conjunction with other regulatory and competitive burdens, it is now more important than ever to seek sound and proactive advice. The current low level of oil prices and associated check on UK fuel duty is welcome news and is providing many transport & logistics firms with welcome relief.

For more information please get in touch.

Employment tax for hauliers
There have been some recent changes in the employment tax landscape affecting the road haulage industry and keeping the right side of the pitfalls could prove trickier than negotiating the M25 on a Friday afternoon.

For more information please get in touch.

Brexit
On 23rd June 2016 the UK voted to leave the European Union. From the argument over selling bendy bananas to the threat of an emergency Budget, the EU referendum campaign has undoubtedly had its share of the headlines over the past couple of months. The biggest headline now though is of course that the UK has voted to leave the EU.

For more information please get in touch.

Skills shortages
Skills and people remain perhaps one of the greatest challenges for many transport and logistics firms. As the labour market continue to tighten and the shortage of highly skilled and qualified workers continues to grow, there is concern that there will be upward pressure on wages and rates.

For more information please get in touch.

Contact us for a free initial meeting

To find out more about how one of the leading firms of accountants in Sheffield, Doncaster and Northampton can help you, please contact one of our specialists. We believe in long-term client relationships and understand the importance of meeting to establish that you like us and we like you. This is why we offer all new clients a free initial meeting which will enable you to have a discussion about you and your business issues.

To book your free initial meeting, please click here.

We look forward to hearing from you!

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