Interview
ROM1 – a step in the right direction
...a £160m loss to Treasury. Although this tax gap has decreased by £50m since its introduction, Paul says it indicates that more work needs to be done. “RDCO was a...
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News
Turnover increase for Clugston Distribution
...contributed to a small pre-tax loss of £0.5m for the financial year 2017-18. The Group maintained a strong balance sheet with accumulated cash balances of £30m at the year-end (January...
News
UKIFDA challenges Irish government on biofuels
...disappointing with all the financial turmoil the people are experiencing that there will be additional increases to the carbon tax which will again directly affect those fuel poor households who...
News
Inspiring industry change: innovative agenda revealed for UKIFDA SHOW 2025
...will cover the impact of high-profile figures like Donald Trump on market dynamics and the role of tax and regulation within the industry. An inspiring UKIFDA first A first for...
Interview
In Profile – James Hunt
...‘Mastermind’ what would your specialist subject be? Norway. If you were elected to government what would be the first law you’d press for? Treble MP’s income tax then step down....
News
Radius boosts vehicle tracking division with acquisition of Plant-i
...to take Plant-i forward.” Radius was assisted on the transaction by Shoosmiths (Legal advice and DD led by Tim Jackson-Smith) and Orbis (Financial and Tax DD – Malcolm Cook). ...
Opinion
Ken’s Corner: I had to make sure I kept an eye on the real world
...about the burdens of carbon tax. There is, of course, a double-edged sword – while trying to provide comfort to the electorate, this activity also shows policy inconsistency and creates...
News
Clear focus on future fuels for industry Expo
...taxation. “In the afternoon of day one a discussion on fuel poverty will take place, focusing on the goals for fuel poverty and how our industry help. This will feature...
Insight
Latest fuels statistics show continued uptake of renewable fuel
...from the Covid-19 pandemic has seen demand for oil products increase in the years since 2020, demand levels are yet to fully recover. Total UK Government fuel tax receipts were...
News
UK road fuels – competition is ‘working well’
...rises in pump prices for petrol and diesel over the last ten years have been caused largely by higher crude oil prices and increases in tax and duty and not...
News
Multiple arrests in HMRC fuel fraud raids
...capable of producing nearly 3.6 million litres of illicit fuel a year and evading over £2 million in lost duty and taxes, was discovered by HMRC officers during a search...
Interview
Josh Burton, WCF Chandlers: The next generation
...traditional fuels, there’s a real opportunity for government support, tax incentives, and industry-led initiatives to help bridge that gap. With the right backing, I’m confident we’ll see wider adoption as...
Opinion
Calls for strategic oil and gas measures to safeguard UK energy security and climate progress
...that strategic projects can proceed to protect jobs, tax revenues, and supply chain capability. “Allowing the issue of bespoke permits … is a practical way to arrest an otherwise ever-increasing...
Opinion
Industry alliance leads the way toward zero carbon heating for Ireland
...a number of Cork County Councillors called on Minister Eamon Ryan to remove all taxes and levies from HVO when used in heating, as a way of incentivising the use...
News
In Profile – Alex Wolfe of Certas Energy UK
...would be the first law you’d press for? Energy taxation and grants should relate to total lifetime impact, not choosing a small part of a process. It would level out...
News
Northern Ireland – an overdependence on oil?
When kerosene is being distributed by taxi rather than tanker, it’s time to take action. Air your views on the heating oil market, among other hot topics, at the Distributor...
Opinion
Ken’s Corner – what’s next for net zero?
...policies, such as taxes on petrol and diesel. Globally, we are witnessing various political approaches, such as the Trump administration’s “drill, baby, drill” strategy, and more recently, the Netherlands government’s...
News
Employee initiatives at LCM are delivering a greener future
...tax savings. The installation of the EV chargers marks the launch of LCM’s EV charging service offering, taking the company one step closer towards a ‘green’ future. Making the switch...