Government announce more taxes which will increase freight rates – again, but SCS clients are ok.
The rockstar economy – really? Almost everyone I am talking to is experiencing increased sales but lower margins, they are all working harder, longer for less. New tax changes announced today for RUCs (Road User Charges) and Petrol and Diesal will be forcing more increases, we estimate an additional 1% increase will flow through to customers. To stick to our [SCS] budget forcast we will have to absorb this and we will but the relentless increases on housing pricing, labour costs, health and safety complience, food etc… is going to force many businesses to re-think their business models.