Other News

ACS Welcomes Ofgem’s Review of the Microbusiness Energy Market

ACS (the Association of Convenience Stores) has welcomed an announcement from energy regulator Ofgem of a strategic review of the microbusiness energy market.

Ofgem has launched a call for evidence seeking views and experiences from microbusinesses as a result of their concerns that some are struggling to find a better energy deal and may be paying more than they should.

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ACS Warns of ‘Irreparable Damage’ to Consumer’s Access to Cash

ACS (the Association of Convenience Stores) has responded to new figures published by Which? on the amount of cash machines being converted to charge fees, calling for urgent action to secure consumers’ access to cash.

Figures obtained by Which? show that fees of at least 95p per withdrawal have been imposed on 1,700 machines between January and March this year. Which? report that around three quarters of these fees have been introduced in March alone.

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Most Local Shops Still Unaware of Making Tax Digital Responsibilities

With less than six weeks to go until the introduction of Making Tax Digital rules, only one in four convenience store retailers know what they need to do comply with the changes.

From 1st April 2019, all businesses with a taxable turnover above the VAT threshold (currently £85,000) must keep their VAT records digitally and use Making Tax Digital (MTD) compatible software to submit their VAT returns.

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Proposals to Restrict Location of HFSS Products in C-Stores ‘Expensive and Impractical’

ACS (the Association of Convenience Stores) has responded to the Government’s consultation on restricting high fat, salt, sugar (HFSS) products, urging the Government to exempt small stores from the regulations and narrow the types of products that would fall in scope of the proposed restrictions.

The Department of Health and Social Care are currently consulting on how the government can reduce children’s exposure to advertising for products that are high in fat, salt and sugar (HFSS), to reduce their consumption of these products. Measures proposed in the consultation include:

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All Party Small Shops Group Calls for Urgent Intervention on Access to Cash

The All Party Parliamentary Small Shops Group has written to Financial Secretary to the Treasury Rt Hon Mel Stride MP, chair of the Treasury Select Committee Nicky Morgan MP and Interim MDs of the Payment Systems Regulator Louise Buckley and Chris Hemsley, calling on the Government and the regulator to take forward the recommendations of the Access to Cash review and urgently review the impact of ongoing cuts to interchange fees on ATMs imposed by LINK.

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Most Local Shops Still Unaware of Making Tax Digital Responsibilities

With less than six weeks to go until the introduction of Making Tax Digital rules, only one in four convenience store retailers know what they need to do comply with the changes.

From 1st April 2019, all businesses with a taxable turnover above the VAT threshold (currently £85,000) must keep their VAT records digitally and use Making Tax Digital (MTD) compatible software to submit their VAT returns.

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Government Rejects Calls to Delay Making Tax Digital

ACS (the Association of Convenience Stores) has criticised the Government for rejecting the recommendation of the House of Lords Economic Affairs Finance Bill Sub-Committee to delay the mandatory introduction of Making Tax Digital (MTD) for VAT by one year to April 2020. 

MTD reforms will require VAT registered businesses to submit their VAT records digitally using compatible software. The policy reforms aim to reduce the tax gap and help businesses have a more accurate overview of their tax affairs.

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ACS: Scottish Proposals to Restrict Product Location in Stores ‘Not Practical for Small Shops’

ACS (the Association of Convenience Stores) has responded to the Scottish Government’s consultation on reducing harms from high fat, salt and sugar (HFSS) products, raising concerns about proposals to restrict the location of confectionery, biscuits, crisps and other products can be sold

The consultation proposes a range of measures to restrict the ways that HFSS products can be sold, including restrictions on:

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