Transport and Logistics News

We act for a large number of transport and logistics firms across all three of our offices
Driving change under IR35

Driving change under IR35

What is IR35? IR35 relates to the ‘off payroll working’ tax rules which were enacted to target tax and national insurance avoidance that was arising from arrangements whereby a worker would form a personal service company (PSC) or other intermediary which engaged with...

Hawsons makes history after 165 years in business

Hawsons Chartered Accountants is 165 years old  Hawsons Chartered Accountants was founded in the city of Sheffield in 1854 – more than 25 years before the creation of the Institute of Chartered Accountants in England and Wales – by Alfred Allott and John Hewett....

The Election Result: What are the tax implications?

The Election Result: What are the tax implications?

Tax implications of the Election Result The general election has ended and the Conservatives have secured a large majority winning 365 seats. What does this mean for tax?  How will the election result affect you or your business? Tax expert Craig Walker provides a...

The cost of keeping Britain on the rails

The cost of keeping Britain on the rails

The cost of keeping Britain on the rails  On November 14 the Office of Rail & Road published their annual statistical release. This showed that the net support given to the UK rail industry in 2018/19 totalled £7.1bn. The lion’s share of this went to Network Rail...

Review says that HS2 should be built in full despite increasing costs

Review says that HS2 should be built in full despite increasing costs

The Oakervee Review into the HS2 project had officially been put on ice until after the forthcoming election, however a leak of the draft to The Times on November 12 recommended that the project should be completed in full despite its rising costs. The draft copy says...

Government invest £1 million to improve haulage sector

Government invest £1 million to improve haulage sector

The Transport Secretary has announced there will be a £1 million investment to help the haulage sector strengthen its workforce and employ new talent. This investment means that logistics companies will be able to run skills training for people finding it difficult to...

£8m campaign launched to help haulier with Brexit Preperation

£8m campaign launched to help haulier with Brexit Preperation

£8m campaign launched to help haulier with Brexit Preparations  Transport secretary Grant Shapps has announced that a multi-million-pound campaign is being launched in the UK and Europe to make sure that businesses and hauliers are prepared for a potential no deal...

Protection for flights and road transport after Brexit reaffirmed

Protection for flights and road transport after Brexit reaffirmed

Protection for flights and road after Brexit reaffirmed  On the 5 September 2019 the Government confirmed that they have measures in place to make sure flight and road haulage will continue to run smoothly after 31 October if the UK leaves the EU. There will also be...

The Government to invest £30 million to improve ports for Brexit

The Government to invest £30 million to improve ports for Brexit

The Government to invest £30 million to improve ports for Brexit The Transport Secretary announced on 30 August 2019 that the country’s ports will continue to run smoothly even after Brexit as the Government plans to invest £30 million in these facilities. For ports...

Get on the Right Track for Tax Credits

Get on the Right Track for Tax Credits

Despite the railways having been around in the UK for nearly 200 years, they remain a key part of the national transport infrastructure. The railway today is a far departure from the days of Brunel and the Stephensons, but the level of innovation and development that...

Freight Transport Report: 2019

Freight Transport Report: 2019

On 12 February the Government Office for Science released a report looking at the UK Freight Transport System. The objective of this study was to provide an evidence based review of the current landscape of the freight transport system in the UK and to provide some...

How will Brexit affect the rail supply sector?

How will Brexit affect the rail supply sector?

The rail supply sector is a significant contributor to the UK economy worth around £36 billion each year to our national P&L account. With around 600,000 people being employed in the sector, a tax yield to the Treasury in the region of £11billion a year, and...

Transport and Logistics 2018 Budget review and analysis

Transport and Logistics 2018 Budget review and analysis

Phillip Hammond delivered his Autumn Budget on the 29th  October 2018 which included a number of measures that affect the Transport & Logistics sector. In this article, we take an overview of some of these measures and apply them to areas of this...

No-deal Brexit Planning information for UK Hauliers

No-deal Brexit Planning information for UK Hauliers

The Department of Transport has recently published a series of technical notices which outline plans that will be put into place if the UK leaves the EU without a deal. This information demonstrates the potential impact that a no-deal Brexit may have on...

Tax Rates 2018/2019

Tax Rates 2018/2019

Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used.   The cost of...

Make Do & Mend?

Make Do & Mend?

Hot on the heels of Transport for the North’s Strategic Transport plan published in January which announced such marquee long term projects such as Northern Powerhouse Rail including an exciting brand-new line linking Leeds, Bradford and Manchester, Network Rail...

Self-driving lorries heading to UK roads by the end of 2018

Self-driving lorries heading to UK roads by the end of 2018

Self-driving convoys of lorries are set be tested on some of Britain’s public roads late next year, after similar testing was carried out in Europe two years ago. The trucks will be wirelessly linked, which will allow them to synchronise braking and...

How to value your road haulage business this summer

How to value your road haulage business this summer

The summer vacation can be a time of reflection for the business owner. Away from the day to day demands of the office, there is chance to give an overview of how that business is performing, where it is heading over the coming years, and what that...

What businesses need to know about the new GDPR

What businesses need to know about the new GDPR

What businesses need to know about new GDPR The General Data Protection Regulation (GDPR) is set to come into force from May 2018. It will replace the current Data Protection Act and is the biggest overhaul of data protection legislation for over 25 years. GDPR will...

Input Tax – Beware of the pitfalls!

Input Tax – Beware of the pitfalls!

VAT expert Tony Nickson outlines the pitfalls to avoid when reclaiming input VAT. 1. Reclaims for purchases made before VAT registration It is important to ensure that the maximum amount of input VAT is reclaimed on your business expenditure. This includes input tax...

R&D tax incentives – don’t miss out!

R&D tax incentives – don’t miss out!

Research and Development (R&D) tax incentives can provide additional tax deductions and enhanced cash flow for companies that develop new products, processes or services. Although widely available, many companies wrongly believe they are not eligible for R&D...

Hauled before the Commissioner

Hauled before the Commissioner

A recent news release from the Office of the Traffic Commissioner (OTC) has highlighted the need for haulage firms to ensure they have the right working relationship with their drivers. A haulier based in Southampton was given an ultimatum by the OTC to demonstrate...

The Election result: What are the tax implications?

The Election result: What are the tax implications?

The Election result: What are the tax implications? The general election has ended in a hung parliament – the Conservative party have the most seats but do not have an overall majority. Theresa May has announced that she will form a government with the support of the...

Railfreight – Where are we going next?

Railfreight – Where are we going next?

April saw the publication of Network Rail's Freight Network Study which looked at the current state of the sector, the value of railfreight to the wider economy and identified key priorities for the future. The study recognised both the 70% increase in railfreight...

UK workers at risk as AI and robotic technology advances

UK workers at risk as AI and robotic technology advances

Millions of UK workers - mainly those who work in retail and wholesale - are at risk from breakthroughs in AI and robotics, a recent report finds. In the next 15 years, 10 million or more UK workers could be at risk of being replaced by robots as the automation of...

Ask and you will receive… Maybe – Brexit and Transport

Ask and you will receive… Maybe – Brexit and Transport

With the Prime Minister's finger hovering over the Article 50 trigger, the Freight Transport Association (FTA) launched its Brexit Manifesto in February to outline its "key asks" from the negotiation process. The main themes emerging from the manifesto are: The need...

Transport and Logistics 2017 Budget review and analysis

Transport and Logistics 2017 Budget review and analysis

The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017. In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed...

Reported cut in grant funding for rail freight operators

Reported cut in grant funding for rail freight operators

Proposals announced recently by the Department for Transport may have a major impact on rail freight operators and force more lorries on to the roads. In 2016/17, a total of £19.9m was awarded to freight operators under the Mode Shift Revenue Support Scheme (MSRS)....

Small business 2017 Budget review and analysis for SMEs

Small business 2017 Budget review and analysis for SMEs

The Chancellor Philip Hammond presented the last Spring Budget on Wednesday 8 March 2017. In his speech the Chancellor was keen to point out that he wanted the tax system to be fair, particularly in relation to the distinction between employed and self-employed...

Tax Rates and Allowances 2017/18

Tax Rates and Allowances 2017/18

Tax Rates and Allowances 2017/18 Many of the tax rates and allowances are fundamental to our business and personal lives and the most important ones for the 2017/18 tax year are summarised here. We are sure that you will find it a useful point of reference throughout...

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