Business to run low on stock if Brexit border delays continue

Business to run low on stock if Brexit border delays continue

27.1.2021 | Brexit

Business to run low on stock if Brexit border delays continue

Concern that delays will have a significant impact on consumers.

 According to the Chartered Institute of Procurement & Supply (CIPS) as we approach the end of the first-month post-Brexit, there is concern that these delays will intensify as the volume of goods being moved across the border increases.

• Over half of businesses importing or exporting goods through the UK-EU border have experienced delays since January 1st
• Nearly a quarter of businesses say they will run low on stock in the next few weeks if the situation at the border continues
• A combination of new Brexit customs requirements and extra Covid-19 protocols are driving border delays

Businesses moving goods through the UK-EU border are reporting significant delays and will run low on stock if the situation continues, research by the Chartered Institute of Procurement & Supply (CIPS) has found.

The survey, of 185 UK and EU supply chain managers who have imported or exported through the UK-EU border since January 1st, found that 60% had experienced delays getting goods into the UK from Europe. Over a third (37%) reported that goods had been delayed by several days.

The situation is only slightly better in the opposite direction, with 45% having experienced delays getting goods into Europe from the UK and 28% saying goods were delayed by several days. Less than a quarter (24%) said they have not noticed any difference in the time it takes to get goods into the EU from the UK.

These delays may begin to have a significant impact on consumers in the next few weeks, with almost a quarter (23%) stating they would run low on stock should the situation at the border continue.

The extra time required for customs officials to work through the new paperwork is being reported as the primary cause of delays, with 27% selecting this as the main issue. However, extra Covid-19 protocols are exacerbating the situation with 11% selecting this as the primary cause of the delays.

As we approach the end of the first month post-Brexit, there is concern that these delays will intensify as the volume of goods being moved across the border increases. Many businesses built up stock in December ahead of the Brexit deadline, and 17% of respondents stated that they are importing or exporting far less through the border as a result of this stockpiling during the transition period. However, when this stock runs low businesses will have no option but to increase the volume of goods being transported across the border, with the potential of higher costs for transportation and customs notices. A further 18% expect their goods to be delayed once more traffic builds up at the border.

Dr John Glen, CIPS economist said:

“Worryingly, it is likely the delays at the border will get worse before they get better. Traffic through the border since January 1st has been low compared to historical levels, but with December stockpiles depleting it won’t be long before trade traffic increases, and more pressure is placed on these new border processes. As the transportation of goods grows so will the queues, and businesses may be forced to limit or halt production to cope with any potential stock shortages.”

About the survey
These findings were drawn from a survey of 444 UK and EU supply chain managers, 185 of whom had imported or exported through the UK-EU border since January 1st, 2021. All the data used in this release is from those who have imported or exported through the border since January 1st. The survey ran from Friday 8th January to Monday 18th January 2021.

For more information about the CIPS visit cips.org

Self-assessment tax bill – how to spread the cost

Self-assessment tax bill – how to spread the cost

27.1.2021 | tax

Self-assessment tax bill how to spread the cost

Time is running out to submit your self-assessment tax returns – with the usual deadline of January 31 fast approaching.

 

However, the Government has now scrapped penalties for those submitted by February 28 – essentially giving people an extra month before getting hit by a fine.
But don’t delay – the tax will still be due, so interest will continue to be charged on tax not settled by the January deadline.

Many people will find the payment is much larger than usual, as it is taxing the profits for the year to April 5, 2020 – most of which was before the pandemic struck.

As the treasury deferred the July 31, 2020, tax payment, it has reintroduced the time to pay provisions, allowing payments due on January 31, 2021, to be spread over the course of the tax year.

Here, Andrew Diver, Head of Taxation at Beatons Group, explains how to navigate the process.

How to set up a payment plan
HMRC is encouraging taxpayers to apply online – and the easiest way to set up a payment plan is through an individual government gateway account.

Through the account, taxpayers can also apply for self-employment support grants, submit residential property capital gain returns and review their state pension plan forecast.

How to set up a gateway account
You can sign up to a gateway account here https://www.access.service.gov.uk/login/signin/creds

Once you have entered your email address, a code will be sent to verify you have access.

You will then need to select ‘individual’ and will be asked to prove your identity using either a passport, a P60 or payslips.

If you do not have these documents, you will have to pass other credit agency checks, which may include having details of standing order payments at hand.

Once you have the gateway account set up, you can complete your online payment plan here https://www.gov.uk/difficulties-paying-hmrc

Reducing tax on payments
Many people face not only an increasing balance payment but are required to make tax payments on accounts for the year to April 5, 2021.

The default position is that payments for the 2020/21 tax year, payable on 31 January 2021, are based on half of the liability for 2019/20.

However, if you believe your tax liability will be lower for the 2020/21 tax year – and for many, it will be due to the pandemic – then it is possible to reduce your tax payment payable in January to half of your actual tax liability for 2020/21.

For the self-employed, they should include any self-employment income support scheme grant payments during the year to April 5, 2021, as this is all taxable income.

If you have any further questions regarding tax payments visit beatons.co.uk

Fargo Systems invests in its IT expertise

Fargo Systems invests in its IT expertise

27.12.2020 | Technology

Fargo Systems invests in its IT expertise

Fargo Systems announces the appointment of Darren Quinton as Product Consultant effective immediately.

The sixth employee to join the transport management specialist during 2020 and the Covid pandemic, Darren’s responsibilities include working with clients to ensure they are optimising their product potential and developing new customer relationships.

Steve Collins, Director of Fargo Systems, says of Darren’s appointment: “Darren joining the business is a huge asset to Fargo Systems. His fourteen years’ experience as IT manager at Wincanton Container Logistics and twelve years at DHL as business systems development will prove invaluable as we grow and develop the company.”

Based in Fargo Systems’ Ipswich office, Darren brings his wealth of IT and logistics expertise to the company as part of the projects team.

Darren comments: “I have spent much of my career responsible for the development and implementation of logistics software solutions where supply chain collaboration and integration were critical. I am excited to now work with logistics firms, demonstrating the robustness of our technology and how it delivers transparency, reliability and confidence.”

Steve concludes: “Steve concludes: “During these challenging times, it’s vital companies keep agile and ready to tackle new challenges if they are to thrive. For us, this means not relying solely on just one of our six products but instead working hard to ensure the right mix of our solutions are deployed and integrated to meet our customers’ evolving needs. Darren’s appointment will help us achieve this goal.”

For more information about Fargo Systems visit fargosystems.com 

Maritime UK welcomes Associated British Ports to the Diver Charter programme

Maritime UK welcomes Associated British Ports to the Diver Charter programme

25.1.2021 | Ports

Maritime UK welcomes ABP to the Diversity in Maritime Charter programme

Associated British Ports recognised for initiative to attract a more diverse workforce.

 

Maritime UK, the umbrella body for the maritime sector, has welcomed Associated British Ports (ABP), the UK’s leading and best-connected port operator, as the latest business to join the Diversity in Maritime Charter programme.


The Diversity in Maritime Charter has recognised ABP’s ports in East Anglia and Southampton for their success in implementing initiatives to attract a more diverse workforce. Twenty volunteers from across the business helped create an action plan for further improvement, which the company hopes to build on for its other locations.


In July 2019, ABP was the first UK port operator to provide personal protective equipment (PPE) designed especially for women. The move represented a great step in ABP’s efforts to further the role of women in maritime, whilst further improving safety standards and choice for its workforce. In line with its commitment to increase the number of female hires, in 2020, women represented 57% of ABP’s graduate intake. The company appointed four women into senior management roles, representing 33% of all senior leadership appointments.


Joining the Charter is a major undertaking as it holds organisations accountable for improving diversity and inclusion across the board. To become a Charter organisation, there is a requirement for businesses to share baseline data including the total proportion of women in their workforce and in middle and senior management and to set targets for either five or ten years. The targets form part of individual company action plans, in addition to a commitment to implement specific projects and initiatives. Maritime UK regularly engages with charter organisations to assess progress and identify areas for new programmes and activity whilst providing a platform to share best practice and challenges with others through the life of the programme.


The first step to becoming a Charter Company is to sign the Pledge. Over 120 companies have now signed the statement of intent to demonstrate a commitment to making progress on diversity.


Alison Rumsey, ABP Chief Human Resources Officer and Maritime Skills Commissioner said:


“At ABP, we are committed to building a more inclusive, diverse and open working community, so that colleagues can be themselves at work every day. I am incredibly proud of the progress we’ve made so far and look forward to continuing to build on these strong foundations in future.”


Sue Terpilowski, Co-Chair of the Diversity in Maritime Taskforce, said:


“I am proud to celebrate ABP becoming the latest company to join the Charter family and shining a spotlight on two of their regions, Southampton and East Anglia. Women’s equality cannot wait, and we believe achieving a balanced workforce at all levels in the maritime sector will undoubtedly improve culture, behaviour, outcomes, profitability and productivity. We look forward to welcoming other companies into the programme.”


Ben Murray, Director of Maritime UK, said:


“We are very pleased to see ABP take this important step on their journey to creating a more inclusive working environment. As a major employer in the sector, their progress will really help move the sector forward. We’re all thinking about how we can Build Back Better, and that must include a workforce that reflects the society in which we live – so that everyone can find a place in our sector, and so that our businesses reap the economic benefits that a diverse workforce is proven to unlock.”

For more information on Associated British Ports visit abports.co.uk  

Three senior appointments for Maritime Transport

Three senior appointments for Maritime Transport

25.1.2021 | Haulage

Three senior appointments for Maritime Transport

Management team recruits to drive company growth.

The UK’s leading intermodal transport operator is pleased to announce three new appointments to its senior management team to drive growth and evolve the company into its third decade.

From 1st February, Vincent Van Mackelenbergh joins Maritime’s board of management as Chief Commercial Officer.

With immediate effect, Alex Williams has assumed the role of Managing Director – Distribution, and Shaun McConnell has been appointed director of human resources.

Vincent has occupied roles at senior management level with various organisations across the globe. In his most recent role at ICAP Deutschland GmbH where he spent six years as Executive Managing Director, Vincent developed the vision and strategy for the German entity and merged the two country organisations, preparing the company for the new regulation under MiFid II and Brexit whilst continuing to identify new opportunities with trends, future markets, products, and clients in focus. Vincent also served as a director for NIBC Bank NV, developing new and existing business relationships, expanding the sales network for the bank, and supporting the acquisition of major customers. Throughout his career, he has invested in people and will play a significant role in elevating Maritime commercially, in all areas of the business.

Having fulfilled a breadth of both operational and commercial roles during his time with the company, Alex was appointed to the board in 2019 as Business Development Director. Whilst predominantly focusing on Maritime’s distribution division, he has worked on a number of key projects including the construction of Maritime’s Strategic Rail Freight Interchange at East Midlands Gateway which receives five daily services to date, and the company’s move into the intermodal market. Reporting to Chief Executive Officer – Distribution, Dave Boomer, Alex’ substantial expertise will enable him to bring new and exciting ideas to Maritime’s distribution division, and help the business develop its distribution strategy across its core and selected markets whilst examining opportunities elsewhere.

Shaun has led numerous HR functions in a career that spans 20 years, including Colchester Institute and Hutchison Ports’ HR Service Centre at the Port of Felixstowe. Joining Maritime as HR General Manager in 2019, Shaun’s experience has been instrumental to progressing HR management in a business now employing over 3,000 personnel, whilst ensuring Maritime remains at the forefront of the industry. In his new role as Human Resources Director, Shaun will continue to lead the HR and Payroll team and advise the business on HR strategy.

Commenting on the new appointments, John Williams, Group Executive Chairman at Maritime, stated: ‘I am delighted to welcome Vincent to the company, and congratulate Shaun and Alex on their new appointments. Our expansion and restructure not only reflects the sharp increase in service demand due to COVID-19 but also underlines our ongoing commitment to increasing our capability for our valued customers. Vincent, Shaun, and Alex will bring significant value to the senior management team and business, building on our existing strengths, boosting our development plans further and evolving our remarkable journey.’

For more information about Maritime Transport visit maritimetransport.com 

Image: Left Shaun McConnell, top right Vincent Van Mackelenbergh, bottom right Alex Williams