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Hafod Hardware encourages people to shop local

5 Dec 2019

A christmas advert made by an independent hardware shop has become exceedingly popular across the UK within a matter of days
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How will each UK Political Party affect local shops?

3 Dec 2019

Ahead of the 2019 General Election ACS have summarised how each of the main Political Party's manifesto will affect local shops
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ACS calls on Convenience Stores to respond to 2020 Crime Survey

25 Nov 2019

IRC member ACS is calling on convenience store retailers to share their experiences of retail crime over the last 12 months in their 2020 Crime Survey.
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Make the most of Small Business Saturday

21 Nov 2019

With Small Business Saturday just over two weeks away, it's not too late to put some plans in motion to get the most out of it!
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#IndieXmasWindows

20 Nov 2019

Indie Retail UK has launched a new campaign that celebrates all the hard work and creativity that independent retailers put into creating their shop window displays.
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Christmas discount for The Big Ones Fishing Shows 2020

19 Nov 2019

The Big One Fishing shows 2020 are back with two of the biggest hows in the angling industry held at Stoneleigh and Farnborough.
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Conservative Party Business Rates Announcement

18 Nov 2019

The Conservative Party proposes to provide a business rates discount for retailers
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IRC member ACS Briefs Election Candidates

15 Nov 2019

ACS has briefed all prospective parliamentary candidates on the policy issues that affect local shops
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Arragon's Cycles talks about Best Small Shops competition commendation

12 Nov 2019

Sarah Graham, owner of Arragon's Cycles has spoken out about how the competition has affected their business and how they continuously strive for greatness.
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Buy Now Pay Later firm misleads customer and negatively affects credit score

12 Nov 2019

A recent story published on BBC news shows how a popular finance provider misled a 21-year-old student which ended in... Read more…

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Conservative Party Business Rates Announcement

Posted on in Business News, Cycles News

A recent story posted by a member of the Independent Retailers Confederation (IRC), ACS, outlines the Conservative Party's new package of measures that, if elected on 12th December, they will implement to support towns across the UK. The party proposes to provide a business rates discount for retailers. The proposals would mean that for businesses with a rateable value of less than £51,000, the retail discount would increase from 33% to 50% in 2020/21.

ACS' Local Shop Report 2019 found that the convenience sector contributes £308 million in business rates, meaning that an increase in the discount for stores with a rateable value of less than £51,000 could save the sector over £30 million in 2020.

The Conservative Party has estimated that the discount would effectively cut tax by £280 million for the small business sector. The Conservative Party has also proposed to support community groups to buy local Post Offices and pubs through £150 million funding.

The full Conservative Party's announcement can be found here.

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