Payment and Services

The Committee is seeking evidence on the following points:

HMRC has opened a consultation on what the changes in the use of cash mean for tax compliance.

Opens: 25 November 2015
Closes: 27 January 2016

The original consultation can be viewed here: https://www.gov.uk/government/consultations/cash-tax-evasion-and-the-hidden-economy-call-for-evidence

The Interchange fee regulation consultation invites views on the government’s proposed steps to comply with the ‘Interchange Fee Regulation’ (IFR) that the European Union agreed to bring in across all EU countries earlier this year.

The 2011 EU Late Payment Directive was passed, and this consultation seeks how best to implement the changes to the law on how to provide business representative bodies with additional powers to challenge grossly unfair contractual terms and practices.

The consultation and ACS' response can be viewed via the links below.

The Department for Culture, Media and Sport have caledl for evidence exploring the current balance across society lotteries, The National Lottery and competing gambling products in raising funds for good causes and maintaining player protection.

The original consultation and ACS' submission can be viewed below.

In their submission, ACS highlights the role that lottery products play in convenience stores.

Budget 2014 announced that the government will introduce a new and highly secure £1 coin. The design incorporates four key features that would make the new £1 coin the most secure circulating coin in the world. These include: a 12-sided shape; bi-metallic construction; bi-colour appearance; and the Royal Mint’s new, world-leading anti-counterfeiting technology (Integrated Secure Identification Systems). The government is now seeking views on the proposals.

The original consultation and ACS' response can be viewed via the links below.