Press Releases

ACS Welcomes Transitional Rate Relief in Wales

ACS (the Association of Convenience Stores) has welcomed the Welsh Government’s approach to fund Transitional Relief for retailers who will be adversely affected as a result of the revaluation.

Business rates represent the second-largest fixed rate cost for the convenience store sector, meaning the 2017 revaluation and associated transitional relief scheme is important for retailers across the UK.

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ACS: Introduction of New £1 Coin Must be Clearly Communicated to Retailers

ACS (the Association of Convenience Stores) has warned that the introduction of a new £1 coin in March 2017 could cause disruption and confusion in stores if the changes are not properly communicated to retailers.

It has been confirmed that the new coin will be introduced in March 2017 and that there will be a six-month period of co-circulation, where the current £1 and the new £1 coins will both be in circulation.

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Lords Urged to Retain Current Licensing Act Objectives

ACS (the Association of Convenience Stores) has reiterated its calls on the House of Lords Licensing Act Committee to retain the current licensing objectives instead of imposing new restrictions on responsible retailers.

The Committee is currently hearing evidence on the impact that the current licensing laws have on public health.

In a written submission to the Committee earlier this year, ACS outlined a number of ways in which the Licensing Act could be improved for licensees, including:

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HMRC Reveal £3.6bn Excise Duty Lost to Illicit Alcohol and Tobacco in 2015

In response to the publication of the latest HMRC Tax Gaps report, ACS has reiterated its call for tougher sanctions for retailers selling illicit alcohol and tobacco products, including the revocation of their alcohol licence.

The report reveals that the alcohol tax gap has risen from £1.3 billion in 2013-14 to £1.8 billion in 2014-15.

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ACS Questions Effectiveness of Soft Drinks Levy; Raises Concerns about Impact on Retailers

ACS (the Association of Convenience Stores) has called on the Government to focus on tackling obesity through a partnership approach with retailers and suppliers, rather than instead of imposing a levy on soft drinks.  ACS has responded to the government’s consultation on the introduction of the levy.

The Government’s proposals would see soft drinks with a sugar content of 8g per 100ml or more taxed at 24p per litre, while drinks with 5g to 8g of sugar per 100ml will be taxed at a lower rate of 18p per litre. The plans will exclude pure fruit juices and milk-based drinks.

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ACS Calls on Retailers to be Beating Heart of Communities

ACS (the Association of Convenience Stores) has called on convenience retailers to ensure that they are making their voice heard with local decision makers. The call to action came at the Association’s annual Heart of the Community Conference, held in Westminster today (Tuesday 11 October).

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Gap Widens Between Stores as Convenience Sector Invests Over £200m in Last Quarter

The ACS Investment Tracker has revealed a mixed picture of investment in Britain’s local shops.  Convenience stores across the UK have invested a record £210m in store improvements in the past three months, driven by multiple convenience retailers spending  around £9,500 per store.  However, investment levels among independent retailers have fallen to their lowest level since the survey began in 2012.

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ACS Renews Call for Universal Carrier Bag Charge in England

ACS has reiterated its calls to Government to remove the exemption for small businesses on single use carrier bags in England.

Under the current regulations, small businesses with fewer than 250 employees are exempt from the carrier bag charging regulations, meaning that they do not have to charge 5p for single use bags. However, many stores have introduced a charge voluntarily to raise money for local causes. These rules only apply in England, as in Scotland and Wales the bag charge applies to all businesses regardless of size.

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Government Figures Show Overall Fall in Retail Business Rates Bills

The Government has published headline figures on the results of the revaluation of business rates, announcing that rateable values in the retail sector are set to increase by an average of 4.7% across the UK, although this is heavily influenced by a 26.2% increase in rateable values in London, with most regions in England and Wales seeing a decrease in their rateable values.

There is also due to be a reduction of 1.7p in both the small business and standard rates multiplier, which will lead to net decreases in most retailers’ business rates bills.

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