FORS Validation for VKVP

FORS Validation for VKVP

09.12.2020 |Haulage

FORS validation for VKVP

Haulier demonstrates best practice in safety, efficiency & environmental protection

 

Logistics specialist, VKVP Haulage, has been successful in gaining the bronze level of the Fleet Operator Recognition Scheme (FORS).

FORS is a voluntary accreditation scheme for fleet operators which aims to raise the level of quality within fleet operations and to establish which operators are achieving exemplary levels of best practice in safety, efficiency, and environmental protection.

The Felixstowe-based haulier successfully underwent a three-month independent assessment of its operations, demonstrating its effective systems, policies, and procedures and met standards in four areas: drivers & driver management, vehicle & fleet management, transport operations and performance management.

VKVP Haulage fleet manager, Tony Willats, elaborates: “Throughout the FORS assessment, we were able to demonstrate the robustness of our management, operations and processes and reinforce our safety and security procedures.”

Commenting on the accreditation, Mark Bennett, VKVP Haulage operations director, says: “This is great news for our company, and our FORS status publicly reinforces our commitment to efficient and effective processes across our operations. It also gives our clients greater reassurance and forms part of our overall growth strategy.”

For more information about VKVP Haulage visit VKVP-haulage.co.uk  

 

How to make tax rules work for your business

How to make tax rules work for your business

08.12.2020 | tax

How to make tax rules work for your business

 

John Oakley explains how firms can make tax rules work best for them.

 

With the economic upheaval caused by the coronavirus pandemic, companies will be looking at ways to make the best use of their cash and assets.

The pandemic has put pressure on cash, but when a company has other assets there are opportunities to use the tax system to your advantage.

Imagine a company owns a building with a mortgage, and the business owner has a sizeable pension fund.

The pension fund could potentially be used to purchase the property leaving the company debt-free and with some cash to help it meet any immediate needs. If the pension fund does not have sufficient funds, there may be options through borrowings or additional contributions to the fund by the company could enable this.

In the pension fund, any increase in the value of the property will be capital gains free. On top of that, rental payments can then be made from the company to the pension fund, again obtaining tax relief to fund the repayment of pension fund borrowings or enable its growth.

As well as freeing up cash, this route would provide longer-term protection from the potential increased capital gains tax rates on the sale of the company.

It can also make a purchase of the company more affordable for a potential buyer as there is no burden of a large property value.

The firm must be mindful of is capital gains arising on the property when it transfers it to the pension fund and any stamp duty charges that may also be added. But these potential charges are often minimal in terms of the financial gains possible.

Knowing how to make the tax system work for your business is more important now than ever. After all, the last year has been extremely challenging for even the most robust of businesses and futureproofing is important.

Please note, this does not constitute investment advice, and we recommend you seek professional advice before making any decisions.


If your business needs help managing its finances visit beatons.co.uk

Bryco Recruitment prides itself on its ethical flat fees structure

Bryco Recruitment prides itself on its ethical flat fees structure

08.12.2020 | Recruitment

Ethical fee structure brings dividends to bryco

 Recruitment company Bryco is yielding the benefits of Ros Smith’s introduction to fair for all fee structure

 

Ros Smith, senior recruitment consultant at Bryco Recruitment took over the day-to-day running of the agency back in August of this year. With success in placing temporary staff to local warehouse and distribution businesses, managing director Graeme Connor took the decision to bring Ros onboard to help grow the business and use her knowledge in other sectors to branch out.

 

Ros says of her placement: “Graeme and I were on the same page from the start; we both agreed we wanted an ethical fee structure that allows local businesses to place the right candidates.

 

Bryco is going from strength to strength, achieving fantastic results, working with some of the biggest custom brokerage businesses in the area. It’s also gaining recommendations for its processes and fee structure.

 

Ros adds: “We also have an exciting apprenticeship opportunity for a young person within the community to start their own career path with us.”

 

To find out about Bryco and current vacancies visit brycorecruitment.co.uk

 

ABP invests around £2million in new lock gates in Ipswich

ABP invests around £2million in new lock gates in Ipswich

07.12.2020 | Ports

ABP invests around £2million in new lock gates in Ipswich

 

Associated British Ports has completed the installation of new lock gates at the Wet Dock entrance at the Port of Ipswich.

 

Associated British Ports (ABP), the UK’s leading and best-connected port operator have completed the installation of new lock gates at the Wet Dock entrance at the Port of Ipswich, which represent an investment of £2 million and will support the activities of Ipswich Haven and Neptune marinas as well as the wider leisure and tourism sector in Ipswich.


Work started on the contract 18 months ago and a series of reports and surveys were conducted to ensure that the installation could be conducted in a safe and efficient manner, whilst also minimising disruption to leisure and commercial users of Ipswich Wet Dock.


Andrew Harston, ABP Wales and Short Sea Ports Director, said: “We are delighted to have completed this project on schedule whilst fully adopting Covid-19 safe working procedures and we trust that this investment in new durable, high-quality lock gates will help them fulfil their function for decades to come.


“I would like to thank our operations and maintenance teams who provided excellent support and assistance with electrical and hydraulics-related elements of the project, in order to ensure the efficient completion of the installation.”


The new dock gates, which consist of an outer and inner gate set regulate water in the Wet Dock, maintaining safe water levels in the Ipswich Haven and Neptune Marinas. To help deliver this project, ABP commissioned Ravestein, a company renowned for specialising in high quality, durable heavy steel constructions such as bridges and lock gates.


The new gates were delivered by barge ensuring there was no requirement for road transport and were accompanied by a floating crane which travelled from the Netherlands and which performed the removal of the old gates and installed the new ones.


Cees Ravestein, Founder and Director of Ravestein BV, said: “We are very happy to have achieved another successful ‘on-time’ installation of new replacement lock gates at Ipswich and would like to thank ABP for their part in an excellent working relationship.”


This latest upgrade follows ABP’s recent investment of £370,000 to repair Ipswich’s New Cut river wall, which brings the total amount invested in enhancing port infrastructure in Ipswich to nearly £2.4 million in the last three months alone.


A time-lapse video showing the installation of the lock gates can be viewed here: vimeo.com