Monday, 11 May 2009

Petrol Retailers Need To Manage Stock Levels & Taxes In Light Of New Budget

Zytax, a wholly owned subsidiary of FuelQuest, Inc, has today issued advice to petrol retailers in light of the recent tax increases on petroleum within the latest UK budget, where fuel was raised by 2.12p per litre. This increase means that retailers need to effectively manage their taxation processes and tax liabilities to ensure that they do not incur penalties or induce cash flow issues.

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