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.
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):
ACS (the Association of Convenience Stores) has called on the Government to clarify its position on business rates appeals in response to the publication on a consultation response on business rate reforms.
ACS has responded to the Chancellor's Spring Budget, welcoming a £300m discretionary rate relief scheme, but raising concerns over a minimum excise tax on tobacco, the costs for small businesses of introducing new tax reporting processes, and new tax rules for dividends paid to owner-directors.
In recent weeks, the Chancellor has come under fire from all sides over the impact of the business rates revaluation, with many claiming that the impact on their businesses could be catastrophic. In the convenience sector, as with many others, the reality is that there will be both winners and losers when the new rates take effect in April.
