LPC: Small Businesses Most Heavily Affected by Living Wage Rates

The Low Pay Commission have published their assessment of the impact of the National Living Wage on businesses over the last year, noting that smaller businesses have been more heavily affected than their larger counterparts.

The report shows that both the number of people and the number of hours worked have fallen over the last year in the smallest businesses. Regionally, overall employment has also fallen over the last year in the North East, North West, the East of England and Scotland.

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New £1 Coin Enters Circulation on March 28th

ACS is urging retailers to ensure that they are prepared for the introduction of the new £1 coin by using the resources available to them through the official pound coin website (www.thenewpoundcoin.com). The site contains a short film and downloadable materials for retailers.

The new 12-sided £1 coin aims to combat counterfeiters by being the most secure of its kind in the world. There are around 45 million counterfeit £1 coins currently in circulation, generating significant cost to industry and taxpayers.

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ACS Welcomes Herbert to Club Membership

Technology supply firm Herbert has reinforced its commitment to convenience retailing in the UK by becoming a Club member of the Association of Convenience Stores.

Herbert provides retailers in the UK with innovative productivity enhancing solutions, with customers including leading tier 1, symbol and convenience retailers, as well as providing a very large number of businesses across the UK with different types of equipment, covering software, hardware and services across multiple markets, with the aim of helping businesses improve productivity and profitability.

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Book Your Place at Summit 2017

Tickets are now on sale for the ACS Summit, an unmissable industry event for convenience retailers. The conference will take place in Birmingham on the 25th of April 2017.

Summit17 will bring retailers, suppliers, and industry experts from around the world together to explore the successes and challenges of the industry and discuss new ideas retailers can walk away with.

This year’s Summit will be divided into three thought-provoking sessions, each segment with a guest speaker and followed by a panel discussion.

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Less than One Week Until the Introduction of the New £1 Coin

With less than a week to go until the new £1 coin is introduced, ACS is urging retailers to ensure they are prepared for the new 12-sided version by using the resources available to them through the official pound coin website. The site contains a short film and downloadable materials for retailers.

The coin will officially enter circulation on 28th March 2017 and will combat counterfeiters by being the most secure of its kind in the world. There are around 45 million counterfeit £1 coins currently in circulation, generating significant cost to industry and taxpayers.

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Local Shops Reiterate Opposition to Bottle Deposit Plans

Trade associations representing convenience stores across England, Wales and Scotland have reiterated their position on plans for a bottle return scheme, outlining the problems that the scheme would cause for retailers.

The Association of Convenience Stores and the Scottish Grocers Federation have written to the Scottish government, highlighting the following concerns about deposit return schemes (DRS):

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Two Months to Go Until New Tobacco Laws Take Effect

There are now just two months to go until the Standardised Packaging of Tobacco Regulations and Tobacco Products Directive come into force. The one year sell-through period for retailers to sell branded packs is coming to an end, and from 20th May 2017 retailers must ensure that all their stock is compliant with the new regulations.

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Finance Committee Calls for Making Tax Digital Plans to be Delayed Until 2020

ACS has welcomed calls from a House of Lords Finance Sub Committee on Making Tax Digital plans to delay the proposals until at least 2020.

Government proposals, originally published through six consultation documents in August 2016, aim to introduce a fully digital tax system with the intention of reducing errors in tax reporting. The proposals are due to be implemented by 2018, with a one year extension announced by the Chancellor in the Budget to 2019 for businesses under the VAT threshold (£83k turnover in 2017, £85k in 2018).

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ACS Renews Partnership with Crimestoppers to Tackle Crime Against Retailers

ACS has reaffirmed its commitment to keeping staff and customers safe in local shops with the renewal of its partnership with crime-fighting charity Crimestoppers.

Crimestoppers and ACS have been in partnership since 2010, and have worked to raise awareness of crimes against local stores, while also offering rewards for serious crimes that have been committed in shops within local communities.

ACS’s 2017 Crime Report revealed that over 9,400 incidents of violence were estimated across the sector, while there were over 3,000 incidents of burglary committed.

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