If the new Labour government follows up on the promises in its manifesto, then taxes will change. While this means there will be tax increases for some in the short…
Are you aware of the recent changes to the UK tonnage tax rules? Have you been keeping up with how the shipping industry is responding to the evolving ESG agenda?…
Registration is now open for our webinar hosted by Maritime London on Tuesday 16 January at 1pm. There have been several recent changes to the UK tonnage tax rules, including a…
Autumn Statement 2023: What you need to know Chancellor Jeremy Hunt delivered an Autumn Statement focused on “go for growth”. Key takeaways from his headline grabbing 110 growth-promoting measures include…
Logistics confidence falls to second lowest level on record, as operators take a ‘reality check’ DOWNLOAD REPORT Confidence in the logistics sector has fallen to its second lowest level on…
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The FTSE 100 has opened on the front foot with miners leading the pack amid hopes that China’s economic troubles could…
Commenting on draft legislation published for Finance Bill 2023-24, James Bailey, a corporate tax director at accountancy and business advisory firm BDO said: “As announced in the Spring budget, details of the…
Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The weekend rebellion which rocked Russia has sent the price of oil higher, as traders assess the regime’s instability following the…
The shipping industry confidence has held steady since August 2022. This is lower than the historic highs seen in 2022 but perhaps not as far as might have been expected.…
Our expert analysis is live Chancellor Jeremy Hunt delivered an Autumn Statement he said was focused on stability and growth. Alongside spending cuts come increased taxes, a focus on extending windfall taxes…
BDO -Spring Statement 2022: our predictions Will 23 March be a day for big tax announcements? READ OUR PREDICTIONS The Spring Statement raises many questions about the Chancellor’s post-COVID plans…
BDO – Shipping & Maritime Advisory 2021 was an unprecedented year for the shipping and maritime community. Please take a look at the attached summary document which demonstrates some of…
R&D tax reform – What does it mean for my business? Following the Chancellor’s Autumn Budget announcements on R&D reform, we now have more detail on the proposals. In summary…
Budget 2021 – what does this mean for you and your business? Budget 2021 proposes reform of UK tonnage tax Last week’s budget included the first substantive reform of UK…
Autumn Budget 2021 highlights The Autumn Budget 2021 was billed as a Budget for a new age. The main announcements are listed below. Our comprehensive analysis of all the announcements and…
Stormy seas for importers Importers, particularly those reliant on container shipments, are facing a storm of disruptive factors. Whilst this is impacting a broad range of sectors reliant on overseas…
The latest Bottom Line – Summer 2021 Welcome to the latest issue of our shipping industry newsletter, Bottom Line.In this edition, our feature article focuses on rethinking the approach to…
Shipping confidence continues to recover Confidence in the shipping industry rose in the three months to end-February 2021 according to our latest Shipping Confidence Survey. It is evident that our…
Budget 2021 analysis: What does it mean for you and your business? Our expert analysis is live The Chancellor has presented his Budget for recovery. The range of measures announced included an…
The UK Shipping sector beyond Brexit The UK-EU Trade and Co-operation Agreement (TCA) contains details of the many rules that need to be applied in carrying on business between the…
Going Concern – are you asking the critical questions? Shipping is a service industry dependent on world trade flows to create the demand for its services. Despite the shipping industry…
Read the latest Bottom Line – Autumn 2020 Welcome to the latest issue of our quarterly shipping industry newsletter, Bottom Line.In this edition, our feature article focuses on the launch…
Summer Statement 2020 – implications for shipping Whilst there is little directly relevant to the shipping sector in the Summer Statement, the following announcements may be of interest: The furlough…
COVID-19: Government Job Retention Scheme announced Financial support for workers and the self-employed On 20 March, the government also announced that pubs, restaurants and cafes are ordered to close from…
Budget 2020: What does it mean for shipping? The good news for the shipping sector in the 2020 Budget is that the Government has continued to ensure stability for the…