Other News

Access to Cash Review: Cash Still Important to UK Consumers

ACS (the Association of Convenience Stores) has welcomed the latest findings of the independent Access to Cash review, which has published an interim report suggesting that Britain is not yet ready to go cashless.

The Access to Cash Review, chaired by Natalie Ceeney CBE, highlights the overall decline in the use of cash in the UK, as well as a fall in ATM use and an increase in the number of businesses that are becoming cashless.

Read More

Welsh Government to Extend High Street Rate Relief Scheme in 2019

ACS (the Association of Convenience Stores) has welcomed an announcement from the Welsh Government, which has confirmed an extension to the high street rates relief scheme for 2019-20.

Eligible businesses will receive up to £2,500 off their business rates bills, with properties with a rateable value up to £9,100 paying no rates at all. The Welsh Government estimates that 15,000 retailers in Wales with a rateable value of up to £50,000 will benefit from the scheme.

Read More

ACS Calls on the Government to Delay Making Tax Digital Until 2020

In a letter to the Treasury, ACS (the Association of Convenience Stores) is calling for the implementation of Making Tax Digital (MTD) for VAT to be delayed until 2020, following a report from the House of Lords Economic Affairs Finance Bill Sub Committee .

MTD is changing the way retailers submit their VAT return from April 2019, requiring them to keep their VAT records digitally and use software to submit returns. The policy reforms aim to reduce the tax gap and help businesses have a more accurate overview of their tax affairs.

Read More

ACS Responds to Low Pay Commission Report on Wage Rates

The Low Pay Commission has published a report outlining their recommendations for the April 2019 National Living Wage (NLW) and National Minimum Wage (NMW) rates. The report evaluates the impact of the NLW so far and found that as many as 5 million people benefited from the increase in April 2018.

Read More

Finance Committee: Delay Making Tax Digital for Small Businesses

ACS has welcomed a report from the House of Lords Economic Affairs Finance Bill Sub-Committee, which urges HMRC to delay the mandatory introduction of Making Tax Digital (MTD) for VAT from April 2019 until at least 2020.

MTD is changing the way retailers submit their VAT returns, requiring them to keep their VAT records digitally and use software to submit returns. The policy reforms aim to reduce the tax gap and help businesses have a more accurate overview of their tax affairs.

Read More

ACS Responds to Energy Drink Consultation

ACS (the Association of Convenience Stores) has responded to the Department of Health and Social Care’s consultation which proposed to introduce a legal age restriction for energy drinks.  

In the submission, ACS set out that if the government decides to introduce a legal age restriction for energy drinks that they will work with the government to promote compliance in the convenience sector through its Assured Advice scheme, which is approved by Surrey and Buckinghamshire Trading Standards.

Read More

Crickhowell Crowned High Street of the Year

The winners of the 2018 Great British High Street Awards (GBHS) have been announced. The awards, run by the Ministry of Housing, Communities & Local Government and sponsored by Visa, recognise and celebrate the local achievements of the nation’s high streets.

The independent judging panel selected the shortlisted finalists for the Champion and Rising Star awards. These 38 shortlisted finalists were visited by GBHS judges to assess who would be crowned the winners of the 2018 Awards and the public given the chance to vote for their favourite high street.

Read More

Crickhowell Crowned High Street of the Year

The winners of the 2018 Great British High Street Awards (GBHS) have been announced. The awards, run by the Ministry of Housing, Communities & Local Government and sponsored by Visa, recognise and celebrate the local achievements of the nation’s high streets.

The independent judging panel selected the shortlisted finalists for the Champion and Rising Star awards. These 38 shortlisted finalists were visited by GBHS judges to assess who would be crowned the winners of the 2018 Awards and the public given the chance to vote for their favourite high street.

Read More