Labour Market Shortages

26th September 2016

Lorry Driver Shortage: Will Government resolve crisis?
The lack of HGV drivers has very much been the word on the street for a significant length of time and we have seen over the past few years this progress to what those who work in the industry perceive as a potential national crisis. The UK’s supply chain is dependent on the industry and it follows that a driver shortage could be an additional barrier to achieving good real term growth in the UK. Potential reasons for this shortage (but not limited to) are:

  • Attractiveness to young people: the desire to be a lorry driver is just not there– hopefully the RHAs annual “Love the Lorry week” will help change this perception.
  • More experienced drivers may have retired earlier than planned due to recent changes in CPC requirements – let’s face it you wouldn’t look to teach your grandmother to suck eggs!
  • The cost of training: the significant cost of training along with the associated increased insurance premiums may kerb operators from taking this route. The good news hear is that from 1 April 2017, an improvement funding package for apprentices will be available of up to £4,500, with an additional £2,000 depending the apprentices age.

The Brexit storm has now settled and its looking like article 50 will be invoked next year, so unless the European Council and the UK decide to extend the period, the UK should be out of the EU by the end of 2019. If you ask me, saying good bye to the free movement of people will almost certainly add to the driver shortage problem and act as an incentive for hauliers to offshore operating centres.



 
Other items in Blogs
 
Lucy Bayliss
8th January 2020 It’s the final countdown!

There are only 23 days until the self-assessment tax return deadline of 31 January 2020. If your return is not filed electronically by this date, an automatic £100 penalty will be applied. Please note that the deadline for filing a paper tax return was 31 October 2019 and therefore all returns are required to be…

Read More »

Vanessa Pearson
13th December 2019 April 2020 Proposed IR35 changes: Status appeals process

As the planned changes to who determines IR35 status are fast approaching, contractors would be well advised to review their contracts on HMRC’s updated CEST (Check Employment Status for Tax) tool. Having provided answers to questions regarding substitution, control and nature of the work, the updated tool will give HMRC’s view of the workers employment…

Read More »

Ben Kilby
12th December 2019 VAT Surcharge

Have you or your business received one between 23 April 2018 and 31 January 2019?   If so, you may want to check if it has been dated. If it has not been dated you may be in for a refund. Any surcharge liability notice or surcharge liability notice extensions are invalid if they have…

Read More »

Lucy Bayliss
25th November 2019 Don’t let your tax bill affect your festive joy. Instead, spread your tax payments throughout the year!

With the festive period fast approaching, it is easy to lose sight of your self-assessment tax return!   If you are employed or receiving a pension and you file your return before 30 December 2019, you can elect to have your tax collected through ‘Pay As You Earn’ (PAYE) rather than paying one lump sum…

Read More »

Ian Piper
22nd November 2019 2019 Growth: Missing in action?

(Data Source) As another year draws to a close, local SME businesses will be forgiven for looking forward to drawing a line under it. With 2019 sales growth barely nudging 1%, it has been a year of focusing on not slipping backwards, rather than the usual mantra of continually signing up new accounts.  When commentators…

Read More »

Mark Burrows
21st November 2019 Avoiding Self Assessment Tax Scams

HM Revenue & Customs have reminded Self Assessment taxpayers to watch out for fraudsters as the tax return filing deadline of 31 January approaches.   HMRC say they have received nearly 900,000 reports of suspicious phone calls, texts or e-mails from scammers pretending to be the tax authority.  Most of these messages were about fake…

Read More »