Stores granted VAT extension

08 January, 2010

Retailers have been given four weeks instead of two to update price labels in stores after the VAT rate changed on January 1.

The British Retail Consortium welcomed the government’s decision to give retailers longer to change shelf and product labels after the return of the standard rate of VAT to 17.5%.

BRC director general Stephen Robertson said: “Retailers will be doing all they can to minimise any customer confusion by relabelling quickly.

“However, they now have the option of leaving the job until later in January when shopper numbers are lower and staff are under less pressure.”??




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The shops that stand out from the madding crowd

The judges met last week to sort out the winners in the independent categories of our 2018 Drinks Retailing Awards. The results are top secret until the awards dinner on February 6 but it’s giving nothing away to report that the overall standard of those that will be revealed in the shortlist of finalists in the January issue of DRN is higher than it’s ever been.

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