SIMPLER TAXES & BENEFITS FOR LOGISTICS FIRMS THE BUDGET HIGHLIGHTS

Commenting on measures announced in today’s Budget, David Nicklin, managing director at Birmingham based Nicklin Transit Packaging, said: "The Chancellor began his speech by reporting on a Britain that is growing and creating jobs. This very much mirrors our own situation with circa 16% revenue growth achieved on March last year and a 14% increase in employment, buoyed by greater demand from existing customers and new contract wins.” “SMEs like ourselves will welcome the proposed simplification of the tax regime and the long overdue review of business rates. What’s more, the reduction of road toll charges and freezing of fuel duty will particularly benefit logistics firms that rely on the UK road infrastructure to do business.”