HMRC targets truckers
Legal firm Baker Tilly is warning haulage firms in the Midlands to get their tax affairs in order following an announcement by HMRC that it has launched a taskforce to tackle regional tax dodgers within the sector.
Transport and logistics firms missing out on tax breaks warns Baker Tilly
According to data from HMRC, only 135 claims for R&D tax relief were made by SMEs in the transport, storage and communications sector, with claims totalling around £5m – just a tiny fraction of the £420m claimed by SMEs in all sectors.
Blurred lines as electric forklifts get tougher and diesel models burn cleaner
An interesting trend in recent years has been the emergence of electric powered counterbalance forklifts that major manufacturers are confident to market as capable of operating outside as well as in the warehouse.