Opinion
Logistics heroes unfairly blamed for transport policy failures
...been able to be drawn down thus far, representing a tax on our sector and a huge, missed opportunity for recruitment. “It is also a national disgrace that thousands of...
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News
Logistics UK hosts decarbonisation panel
...to invest in new technologies. Government should seek to ensure tax incentives, regulatory changes, innovation funding and investment create certainty and support private investment to increase the uptake of green...
News
Statistics demonstrate downstream oil’s vital role
...£39.4 billion was collected in tax from road fuel duty and VAT in 2018, the highest amount over the last decade. The UK continues to be an overall importer of...
News
‘A real thirst for expansion and growth’ at Aztec Oils
...Oils with tax advice being provided by Mark Cooper and Katherine Taylor. Andrew Fielder and Katie Ash from Banner Jones provided legal advice. Funding for the transaction was delivered by...
News
Delivering SAF at scale: a sector investing in future production
...could support this new manufacturing sector to get off the ground, including tax credits for domestic production, contracts for difference, grant funds and exemptions from other policies like emissions trading...
Opinion
Ken’s Corner: why change for the sake of change is not the change we need
...unsuccessful primarily because the cost of the alternative is either higher in pure terms and/or taxed the same as the fossil fuel, therefore providing little or no incentive to change....
News
Stable oil prices mean a fall in Group revenue for J.R. Rix & Sons
...resulting in an 82% increase in revenue in 2023, reaching £29.5m up from £15.3m. Group profit before tax stood at a satisfactory £4.8m. Image credit: J.R. Rix & Sons Ltd...
Insight
A “changing of the guard” in the UK fuel marking regime
...Hogg is a trusted global partner to brands, businesses and government, supplying fuel marking systems that protect from fuel theft, counterfeiting, smuggling, adulteration and tax evasion and ensure regulatory compliance....
Insight
Liquid fuel industry and heat pump lobbyists in agreement over ‘unfair’ new oil boiler ban
...the cost of these fuels down for consumers, as they already have in transport, while costing the taxpayer nothing.” Delay ‘inevitable’ The HPF is not the only voice from the...
Interview
In Profile with Steve Little of Certas Energy UK
...were elected to government what would be the first law you’d press for? I would implement higher taxes on those in the top income brackets to really support levelling up...
News
Craggs Energy and Moorland Fuels businesses sold – to employees
...established the EOT and advised on structure and taxation issues. Kaira Clarehugh added: “In recent years, we’ve seen EOTs becoming more and more popular and it’s certainly a great way...
Interview
In profile with David Todd of Gleaner Ltd
...specialist subject be? Geography. If you were elected to government, what would be the first law you’d press for? Removal of Holyrood’s devolved power over income tax bands. If your...
Opinion
Collaboration calls for binding hydrogen supply targets to facilitate hydrogen trucking
...expects that a combination of capital funding, differential road tolls through the Eurovignette Directive, and carbon tax can bridge the ownership cost gap between hydrogen and diesel heavy-duty vehicles. Enabling a...
News
Products and markets
...UK to UK refinery product transfers presently subject to uncompetitive additional tax measure, the company is asking the government to look at this as a matter of urgency. Fostering good...
News
Clever chemistry fuels business
...paying any tax. Branded as unsustainable, biodiesel quality was questioned with a multitude of reasons proffered as to why it should not be used. Distancing itself from this tarnished image...
Opinion
Autumn Statement is ideal time to correct HVO duty disparity says UKIFDA and OFTEC
...is currently a disparity when the fuels are used for home heating. It cannot be right that the tax system currently penalises the use of low carbon renewable liquid fuels...
News
Norbert Dentressangle reports steady growth
...by 13.4% to $2,191 million, whilst the group’s earnings, before the deduction of interest, tax and expenses (EBITA), were up by 19% to $65.5 million. This produced an operating margin...
Insight
Industry data: the latest update from the UKIFDA databank
...also increased the profit margin (earnings before interest and tax) for October bills to £37 per average bill (an increase of £10). This equates to around 2.4% of the price...