April is a truly magical time of year, and not just for the UK Transport Industry either? Waking up at 6am becomes a pleasure as the world remains silent apart from the birds singing. The sun has already risen and any remaining wild daffodils which abound here in South Wales, have already faced up to the sun even though its still low in the east.
In short, the world feels awash with a new sense of optimism. Which is a much needed shot in the arm for a UK Transport Industry which has bore the brunt of the harsh economic climate over the last three or so years.
HGV Drivers
For HGV Drivers still drunk on the crazy wages recorded not 12 months ago, today the cupboard remains bare. Browsing Indeed comes up with the usual agency suspects looking to register new drivers, whilst at the same time knowing they have no work for those drivers. Yet!
But once the second hand sweeps past midnight on April 3rd, everything changes in the UK Transport Industry. Always has.
As Q4 closes and a new Q1 begins, nervous company accountants are able to once more allocate budgets again. A large part of those budgets will be for HGV Driver recruitment and the job situation will get easier.
So to all you new drivers who have recently joined the industry on the promise of good wages and real career prospects? Sit tight as road haulage comes out of its traditional Q4 hibernation and starts revving up once more for the Christmas rush.
If that wasn’t a good enough reason to welcome the onset of UK Springtime, here are 5 more reasons the UK Transport Industry is about to wake up (like Bagpuss) and also why the rest of the year should be a little more hospitable for us HGV Drivers once it finally does.
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- Fresh start: Starting the new tax year on April 4th gives the UK transport industry a chance to start fresh and set new financial goals. It allows them to evaluate their past financial performance and make adjustments for the upcoming year.
- Alignment with the rest of the UK: April 4th is the start of the UK tax year and aligns with the tax year for other businesses and individuals in the UK too. This allows for fiduciary consistency and makes it easier to coordinate financial planning with other organizations.
- Timing of budget announcements: The UK government typically announces their budget in March, which is just before the start of the new tax year. This gives the transport industry a chance to review any changes or updates to tax laws and make necessary adjustments to their financial plans.
- Timing of annual reports: Many companies in the transport industry have a financial year-end of March 31st, which is just before the start of the new tax year. This allows them to easily produce annual reports and financial statements, which can help with budgeting and planning for the upcoming year.
- Opportunity for tax planning: Starting the new tax year on April 4th gives the transport industry an opportunity to plan for tax savings and take advantage of any available tax breaks. It also allows for ample time to prepare and file tax returns before the deadline.
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So there we have it. 5 good reasons to maintain a healthy optimism within the UK Transport Industry, as the weather starts to improve at least somewhat.
6 good reasons, if you include the daffodils.