“Draconian” sanctions are increasingly being imposed on firms in the supply chain who make honest mistakes when dealing with non-duty-paid goods, the United Kingdom Warehousing Association (UKWA) has warned. The UKWA said “crippling” duty assessments and fines were increasingly being levied on firms who make any procedural error relating to duty-suspended goods like tobacco, alcohol and fuel by HM Revenue & Customs (HMRC), following new rules introduced in 2010. Alan Powell of Alan Powell Associates, UKWA’s advisor on excise matters, […]
Calls have been made for further investigations in the UK into alleged price-fixing in the oil industry, after European anti-trust regulators confirmed they had carried out raids on several firms involved in the sector.
Rental levels at large warehouses are set to rise this year after a fall in the supply of sites across the UK last year.
AKW Group saw turnover rise by 11.7% across its transport and warehousing divisions last year.